Price for Milking Machines and Dairy Machinery in Turkey - 2023

Contents:

  1. Price for Milking Machines and Dairy Machinery in Turkey (FOB) - 2022
  2. Price for Milking Machines and Dairy Machinery in Turkey (CIF) - 2022
  3. Exports of Milking Machines and Dairy Machinery in Turkey
  4. Imports of Milking Machines and Dairy Machinery in Turkey

Price for Milking Machines and Dairy Machinery in Turkey (FOB) - 2022

In 2022, the average export price for milking machines and dairy machineries amounted to $1,289 per unit, which is down by -1.9% against the previous year. In general, the export price saw a mild decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $1,735 per unit. 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 Uzbekistan ($1,921 per unit), while the average price for exports to Russia ($842 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 Lebanon (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Turkey (CIF) - 2022

The average import price for milking machines and dairy machineries stood at $6,842 per unit in 2022, picking up by 27% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Poland ($14,682 per unit), while the price for Ireland ($4,013 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Milking Machines and Dairy Machinery in Turkey

In 2022, milking machines and dairy machinery exports from Turkey rose markedly to 39K units, with an increase of 6.8% compared with the previous year. The total export volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 26%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, milking machines and dairy machinery exports expanded slightly to $50M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 15%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Milking Machines and Dairy Machinery in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.23.32.26.644.2%
Uzbekistan2.62.83.42.71.3%
Romania2.42.62.12.62.7%
United Kingdom0.60.30.31.946.8%
Algeria2.23.52.41.7-8.2%
Lebanon0.80.81.11.626.0%
Azerbaijan1.01.72.01.514.5%
Egypt0.70.81.21.322.9%
Belarus0.20.30.21.281.7%
Pakistan0.81.81.41.111.2%
Tunisia0.91.81.51.16.9%
Kazakhstan1.01.20.61.13.2%
Serbia1.20.91.00.9-9.1%
Others22.923.828.224.42.1%
Total39.545.547.549.78.0%

Top Export Markets for Milking Machines and Dairy Machinery from Turkey in 2022:

  1. Russia (7.8K units)
  2. Romania (2.0K units)
  3. Uzbekistan (1.4K units)
  4. Tunisia (1.3K units)
  5. Kazakhstan (1.3K units)
  6. Egypt (1.2K units)
  7. Algeria (1.1K units)
  8. Belarus (1.0K units)
  9. Lebanon (1.0K units)
  10. Serbia (1.0K units)
  11. Azerbaijan (1.0K units)
  12. United Kingdom (1.0K units)
  13. Pakistan (0.9K units)

Imports of Milking Machines and Dairy Machinery in Turkey

In 2022, approx. 2.7K units of milking machines and dairy machineries were imported into Turkey; with an increase of 66% on the previous year's figure. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, milking machines and dairy machinery imports soared to $18M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Milking Machines and Dairy Machinery in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4201,7872,32612,152207.0%
Italy1,0494636181,74018.4%
Netherlands8671,6041,8148680.0%
France17413514468457.8%
Switzerland24.164.07.6679204.3%
Sweden8567301,107289-30.4%
United Kingdom2065743892648.6%
Denmark2221983752422.9%
Bulgaria10142.51091164.7%
Poland84127712964.6-57.5%
Iran37743.129.336.9-53.9%
Algeria128N/AN/AN/A0%
Others7169621,5991,12716.3%
Total5,9806,8798,64718,26445.1%

Top Suppliers of Milking Machines and Dairy Machinery to Turkey in 2022:

  1. Germany (1790.0 units)
  2. Italy (307.0 units)
  3. Netherlands (125.0 units)
  4. Switzerland (88.0 units)
  5. France (57.0 units)
  6. United Kingdom (54.0 units)
  7. Denmark (50.0 units)
  8. Sweden (43.0 units)
  9. Bulgaria (24.0 units)
  10. Iran (16.0 units)
  11. Poland (4.0 units)

Source: IndexBox Market Intelligence Platform

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