Turkey - Electrical Transformers - Market Analysis, Forecast, Size, Trends and Insights
China and Germany Are the Main Suppliers of Electrical Transformers into Turkey
The value of total imports for electrical transformers in 2014 stood at X million USD. There was an annual decrease of X% for the period from 2007 to 2014. In physical terms, the total volume of electrical transformers reached X million units in 2014, X million units (X%) more than the year before.
The performance of the Turkey's electrical transformers market is forecast to accelerate, with an anticipated CAGR of X% for the seven-year period from 2014 to 2020, which is expected to lead the market to a value of X million USD by the end of 2020.
In 2014, Saudi Arabia (X%), Iraq (X%) and Turkmenistan (X%) were the leading destinations, together making up X% of Turkey's exports. While the share of Turkmenistan increased significantly, the share of Saudi Arabia illustrated negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In 2014, China and Germany were the main suppliers of electrical transformers into Turkey, with a combined share of X% in total imports. However, the fastest growing suppliers from 2007 to 2014 were Austria (+X% per year) and the Republic of Korea (+X% per year).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the transformer market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
We can help you conduct market research and write a report using the most reliable data