Threshing Machinery Market Overview in Turkey
In value terms, threshing machinery production declined significantly to $ in 2019 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by % year-to-year. As a result, production reached the peak level of $, and then contracted remarkably in the following year.
The revenue of the threshing machinery market in Turkey reduced to $ in 2019, falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated mild growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.