Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $1,387 per unit, with a decrease of -27.6% against the previous year. Overall, the import price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 64% against the previous year. The import price peaked at $1,917 per unit in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($2,918 per unit), while the price for Bulgaria ($217 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $560 per unit in 2022, with a decrease of -4.2% against the previous year. Over the period under review, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 117% against the previous year. Over the period under review, the average export prices attained the peak figure at $877 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($2,751 per unit), while the average price for exports to Syrian Arab Republic ($38 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 Cyprus (+66.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey

For the third year in a row, Turkey recorded decline in supplies from abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, which decreased by -18.8% to 39 units in 2022. Over the period under review, imports recorded a abrupt setback. The smallest decline of -14.7% was in 2020. Imports peaked at 68 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses contracted notably to $54K in 2022. In general, imports faced a abrupt contraction. The smallest decline of -4.7% was in 2020. Imports peaked at $102K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Turkey in 2022:

1. Russia (19.0 units)
2. Israel (8.0 units)
3. Italy (5.0 units)
4. China (4.0 units)
5. United Kingdom (1.0 units)
6. Spain (1.0 units)
7. Bulgaria (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Turkey

In 2022, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses from Turkey surged to 40 units, growing by 67% compared with 2021. Overall, exports, however, continue to indicate a sharp setback. The exports peaked at 152 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses soared to $22K in 2022. In general, exports, however, faced a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 148% against the previous year. Over the period under review, the exports of reached the peak figure at $121K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Turkey in 2022:

1. Iran (16.0 units)
2. Syrian Arab Republic (4.0 units)
3. France (2.0 units)
4. Spain (2.0 units)
5. Albania (1.0 units)
6. Kazakhstan (1.0 units)
7. Azerbaijan (1.0 units)
8. United Kingdom (1.0 units)
9. Germany (1.0 units)
10. Belgium (1.0 units)
11. Iraq (1.0 units)
12. Cyprus (1.0 units)
13. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform