Turkey - Brakes And Servo-Brakes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrakes and Servo-Brakes Price in Turkey - 2023
Contents:
- Brakes and Servo-Brakes Price in Turkey (CIF) - 2022
- Brakes and Servo-Brakes Price in Turkey (FOB) - 2022
- Brakes and Servo-Brakes Imports in Turkey
- Brakes and Servo-Brakes Exports in Turkey
Brakes and Servo-Brakes Price in Turkey (CIF) - 2022
In 2022, the average brakes and servo-brakes import price amounted to $5,441 per ton, waning by -8.5% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 a decrease of -0.7%. Over the period under review, average import prices attained the peak figure at $9,711 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($39,338 per ton), while the price for China ($3,208 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.5%), while the prices for the other major suppliers experienced a decline.
Brakes and Servo-Brakes Price in Turkey (FOB) - 2022
In 2022, the average brakes and servo-brakes export price amounted to $3,472 per ton, waning by -9.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 12%. The export price peaked at $4,184 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,163 per ton), while the average price for exports to Hungary ($1,865 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Brakes and Servo-Brakes Imports in Turkey
In 2022, imports of brakes and servo-brakes into Turkey expanded rapidly to 105K tons, growing by 6.6% compared with 2021. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 9.6% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, brakes and servo-brakes imports reduced slightly to $573M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 8.6% against the previous year.
| Import of Brakes and Servo-Brakes in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.0 | 66.0 | 77.8 | 88.4 | 17.1% |
| Spain | 76.6 | 66.7 | 73.6 | 75.7 | -0.4% |
| Italy | 66.9 | 60.2 | 69.8 | 70.6 | 1.8% |
| Germany | 98.2 | 84.7 | 91.6 | 70.6 | -10.4% |
| India | 43.2 | 40.6 | 55.3 | 55.9 | 9.0% |
| France | 33.3 | 27.1 | 30.1 | 31.0 | -2.4% |
| Poland | 26.0 | 26.3 | 25.0 | 29.3 | 4.1% |
| Czech Republic | 21.5 | 19.5 | 19.1 | 21.4 | -0.2% |
| Others | 168 | 149 | 145 | 130 | -8.2% |
| Total | 588 | 541 | 587 | 573 | -0.9% |
Top Suppliers of Brakes and Servo-Brakes to Turkey in 2022:
- China (27.6K tons)
- Spain (23.6K tons)
- India (10.4K tons)
- Germany (9.2K tons)
- Italy (9.1K tons)
- France (7.1K tons)
- Poland (4.2K tons)
- Czech Republic (4.1K tons)
Brakes and Servo-Brakes Exports in Turkey
In 2022, approx. 150K tons of brakes and servo-brakes were exported from Turkey; rising by 30% against 2021. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, brakes and servo-brakes exports skyrocketed to $519M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Brakes and Servo-Brakes in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 64.4 | 57.2 | 78.3 | 91.8 | 12.5% |
| Russia | 16.5 | 25.1 | 41.3 | 71.2 | 62.8% |
| United States | 54.3 | 40.8 | 36.3 | 51.4 | -1.8% |
| Poland | 27.6 | 26.2 | 35.4 | 35.7 | 9.0% |
| Italy | 25.4 | 25.2 | 32.1 | 31.6 | 7.6% |
| France | 16.5 | 13.7 | 18.2 | 19.8 | 6.3% |
| United Kingdom | 19.3 | 12.7 | 19.4 | 16.9 | -4.3% |
| Hungary | 6.8 | 8.6 | 13.3 | 11.2 | 18.1% |
| Iran | 4.8 | 4.0 | 7.3 | 10.1 | 28.1% |
| Canada | 5.9 | 4.9 | 6.3 | 9.7 | 18.0% |
| Spain | 10.1 | 8.4 | 11.5 | 9.7 | -1.3% |
| Netherlands | 8.2 | 8.5 | 9.9 | 9.1 | 3.5% |
| Egypt | 5.3 | 5.5 | 8.5 | 7.8 | 13.7% |
| Others | 117 | 102 | 123 | 143 | 6.9% |
| Total | 382 | 343 | 441 | 519 | 10.8% |
Top Export Markets for Brakes and Servo-Brakes from Turkey in 2022:
- Germany (30.0K tons)
- United States (25.1K tons)
- Russia (13.8K tons)
- Poland (9.1K tons)
- Italy (8.4K tons)
- Hungary (6.0K tons)
- Canada (5.0K tons)
- United Kingdom (4.7K tons)
- France (4.1K tons)
- Spain (2.9K tons)
- Egypt (2.7K tons)
- Netherlands (2.6K tons)
- Iran (2.5K tons)
This report provides an in-depth analysis of the brakes and servo-brakes 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 29323020 - Brakes and servo-brakes and their parts (excluding unmounted linings or pads)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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