Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,366 per unit, which is down by -14.4% against the previous year. Overall, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in 2013 an increase of 32%. Over the period under review, average import prices reached the maximum at $2,803 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($5,469 per unit), while the price for South Korea ($937 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $2,444 per unit, jumping by 17% against the previous year. Over the period under review, the export price recorded prominent growth. The growth pace was the most rapid in 2015 when the average export price increased by 39%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mali ($4,600 per unit), while the average price for exports to Georgia ($711 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+998.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey

After three years of growth, supplies from abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by -1.7% to 966 units in 2022. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 983 units, and then declined in the following year.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined markedly to $1.3M in 2022. Overall, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of $1.6M, and then declined significantly in the following year.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Turkey in 2022:

1. Italy (600.0 units)
2. China (234.0 units)
3. Spain (78.0 units)
4. South Korea (50.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Turkey

In 2022, after three years of growth, there was significant decline in overseas shipments of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, when their volume decreased by -53.3% to 91 units. Over the period under review, exports, however, showed a moderate increase. The pace of growth was the most pronounced in 2020 when exports increased by 56%. The exports peaked at 195 units in 2021, and then plummeted in the following year.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses reduced rapidly to $222K in 2022. Overall, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, the exports reached the peak of $409K, and then contracted notably in the following year.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Turkey in 2022:

1. Czech Republic (39.0 units)
2. Israel (13.0 units)
3. Jordan (9.0 units)
4. Austria (7.0 units)
5. Georgia (6.0 units)
6. Cyprus (6.0 units)
7. Greece (2.0 units)
8. France (2.0 units)
9. Mauritius (2.0 units)
10. Mali (2.0 units)

Source: IndexBox Market Intelligence Platform