Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey - 2024
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey (FOB) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey (CIF) - 2022
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $4,378 per ton, growing by 9.8% against the previous year. Overall, the export price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 40% against the previous year. As a result, the export price attained the peak level of $9,457 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($11,218 per ton), while the average price for exports to Iraq ($1,335 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.1%), while the prices for the other major destinations experienced a decline.
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $18,523 per ton in 2022, with a decrease of -6% against the previous year. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of 99%. As a result, import price attained the peak level of $25,774 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($84,568 per ton), while the price for China ($9,730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey
In 2022, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Turkey soared to 2K tons, jumping by 48% compared with 2021 figures. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 99% against the previous year. Over the period under review, the exports of machine-tools; parts and accessories, for machines of heading no. 8464 attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $8.9M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,173 | 2,541 | 2,209 | 3,621 | 45.6% |
| Italy | 510 | 705 | 848 | 1,602 | 46.5% |
| Netherlands | 332 | 1,210 | 1,118 | 1,074 | 47.9% |
| Russia | 5.4 | 11.0 | 13.4 | 608 | 382.9% |
| Iraq | 19.6 | 26.3 | 13.1 | 91.3 | 67.0% |
| Algeria | 22.3 | 52.1 | 15.6 | 83.5 | 55.3% |
| Egypt | 54.5 | 87.6 | 62.9 | 80.0 | 13.6% |
| United States | 367 | 49.8 | 21.6 | 6.8 | -73.5% |
| Others | 1,882 | 758 | 1,178 | 1,737 | -2.6% |
| Total | 4,367 | 5,441 | 5,479 | 8,904 | 26.8% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Turkey in 2022:
- Germany (719.8 tons)
- Italy (671.6 tons)
- Netherlands (243.8 tons)
- Iraq (68.4 tons)
- Russia (54.2 tons)
- Algeria (46.2 tons)
- Egypt (35.0 tons)
- United States (1.9 tons)
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey
In 2022, overseas purchases of machine-tools; parts and accessories, for the machines of heading no. 8464 decreased by -5.2% to 280 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 101%.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 declined to $5.2M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 67%.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.2 | 1.9 | 3.4 | 2.9 | 34.2% |
| China | 0.4 | 1.2 | 1.1 | 1.2 | 44.2% |
| Austria | 0.1 | 0.2 | 0.4 | 0.3 | 44.2% |
| Others | 0.7 | 0.8 | 0.9 | 0.8 | 4.6% |
| Total | 2.4 | 4.0 | 5.8 | 5.2 | 29.4% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Turkey in 2022:
- Italy (138.3 tons)
- China (126.2 tons)
- Austria (5.7 tons)
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