Report Update: May 1, 2024

Turkey - Base Metal Hinges - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Base Metal Hinge Price in Turkey - 2023

Base Metal Hinge Price in Turkey (FOB) - 2023

The average base metal hinge export price stood at $5,347 per ton in July 2023, picking up by 4.6% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 7.8% against the previous month. Over the period under review, the average export prices hit record highs at $5,559 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($7,523 per ton), while the average price for exports to Iraq ($3,168 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Hinge Price in Turkey (CIF) - 2023

The average base metal hinge import price stood at $9,005 per ton in July 2023, falling by -24.5% against the previous month. Over the period under review, import price indicated a perceptible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, base metal hinge import price increased by +7.7% against April 2023 indices. The growth pace was the most rapid in June 2023 when the average import price increased by 37% against the previous month. As a result, import price reached the peak level of $11,929 per ton, and then reduced dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($23,981 per ton), while the price for South Korea ($3,034 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Base Metal Hinge Exports in Turkey

After three years of growth, shipments abroad of base metal hinges decreased by -0.8% to 31K tons in 2022. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 4.1%.

In value terms, base metal hinge exports rose modestly to $153M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Base Metal Hinge in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	13.8	15.5	17.7	23.7	19.8%
United States	16.4	13.8	11.2	13.8	-5.6%
Romania	11.0	11.1	12.4	13.0	5.7%
Germany	7.4	8.3	11.8	13.0	20.7%
Spain	4.9	9.8	10.1	9.4	24.3%
Iraq	6.3	5.8	7.7	6.1	-1.1%
France	11.0	7.2	5.1	5.4	-21.1%
Iran	3.7	3.5	3.7	3.9	1.8%
Uzbekistan	2.2	2.5	2.9	3.7	18.9%
Poland	2.9	3.5	4.5	3.4	5.4%
Egypt	1.6	1.5	2.9	3.2	26.0%
Czech Republic	1.1	1.5	1.7	3.0	39.7%
Algeria	2.7	2.3	2.7	2.8	1.2%
Others	42.8	41.9	51.7	48.6	4.3%
Total	128	128	146	153	6.1%

Top Export Markets for Base Metal Hinge from Turkey in 2022:

Russia (4.4K tons)
Romania (3.4K tons)
Spain (2.3K tons)
Germany (2.2K tons)
United States (1.7K tons)
Iraq (1.3K tons)
France (1.0K tons)
Iran (0.8K tons)
Algeria (0.8K tons)
Egypt (0.8K tons)
Poland (0.8K tons)
Uzbekistan (0.7K tons)
Czech Republic (0.6K tons)

Base Metal Hinge Imports in Turkey

After three years of growth, supplies from abroad of base metal hinges decreased by -4.6% to 13K tons in 2022. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of 13K tons, and then dropped modestly in the following year.

In value terms, base metal hinge imports reached $92M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Base Metal Hinge in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	18.2	18.8	23.9	24.5	10.4%
Italy	9.6	11.6	18.2	20.7	29.2%
China	5.7	9.1	12.6	12.3	29.2%
Austria	4.1	5.5	7.4	6.3	15.4%
Slovenia	1.1	2.1	3.6	4.4	58.7%
India	2.4	2.6	4.5	3.8	16.6%
Poland	3.2	3.4	3.0	3.5	3.0%
Spain	2.2	3.0	3.4	3.2	13.3%
South Korea	3.6	1.4	1.6	1.7	-22.1%
France	3.4	1.2	1.1	1.2	-29.3%
Others	6.8	6.8	8.6	10.6	15.9%
Total	60.2	65.5	87.9	92.0	15.2%

Top Suppliers of Base Metal Hinge to Turkey in 2022:

Italy (3.0K tons)
Germany (2.9K tons)
China (2.6K tons)
India (0.8K tons)
Slovenia (0.6K tons)
Poland (0.5K tons)
Austria (0.5K tons)
South Korea (0.5K tons)
Spain (0.4K tons)
France (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal hinge 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 2030.

Product coverage:

Prodcom 25721410 - Base metal hinges

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023