AIMSAD has published the Woodworking Machinery (WM) Sector Report. According to this; In the first five months of 2022, exports increased by 25 percent compared to the previous year and reached approximately 63 million dollars.
According to the Woodworking Machinery Sector Report published by AIMSAD; In the first five months of 2022, exports increased by 25 percent, production by 28 percent, and imports by 20 percent. In the same period; while the ratio of exports to imports was 213 percent, the WM sector continued to have foreign trade surplus.
Considering the production data compiled in line with the information received from AIMSAD members, it is estimated that the production in the first five months of 2022 increased by approximately 28 percent compared to the previous year and reached 155 million dollars. Domestic sales compared to the previous year; increased by 27 percent to 120 million dollars.
Russia in the first place in exports
According to the data in the report; Exports in the first five months of 2022, compared to the same period of the previous year; increased by 25 percent to approximately 63 million dollars. In the first five months of the year, Turkey made the highest amount of exports to Russia with 4.1 million dollars. Russia was followed by Bulgaria with 3.4 million dollars, Italy with 3 million dollars, Kosovo with 2.9 million dollars, Iraq with 2.8 million dollars and Poland with 2.1 million dollars.
The ratio of exports to imports is 213 percent
When the exported product groups are examined, it is seen that the machines in the others category were exported the most with a 30 percent share in the first five months of 2022. This was followed by sawing machines with a share of 25 percent, machines that perform various machine operations without changing tools between these processes, and slotting, milling or cutting molding machines with a share of 11 percent. In the same period; The ratio of exports to imports was 213 percent.
Most imports were made from China
In the first five months of 2022, imports increased by 20 percent compared to the previous year and amounted to 30 million dollars. In the first five months of the year, the Turkish woodworking machinery industry made the most imports from China with 11.1 million dollars. Italy followed China with 10.1 million dollars, Germany with 4.8 million dollars and Taiwan with 1.2 million dollars. In the period covered by the report, Turkey imported the highest number of sawing machines. When the year-end projections are analyzed, an increase of 10 percent in production and 13 percent in exports is expected, while a decrease of 35 percent in imports is expected.