Turkey - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCircuit Breaker Price in Turkey - 2023
Contents:
- Circuit Breaker Price in Turkey (CIF) - 2023
- Circuit Breaker Price in Turkey (FOB) - 2023
- Circuit Breaker Imports in Turkey
- Circuit Breaker Exports in Turkey
Circuit Breaker Price in Turkey (CIF) - 2023
In July 2023, the average circuit breaker import price amounted to $10.0 per unit, rising by 18% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $12.1 per unit in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($28.2 per unit), while the price for China ($5.8 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Price in Turkey (FOB) - 2023
The average circuit breaker export price stood at $11.6 per unit in July 2023, shrinking by -13.5% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 20% m-o-m. The export price peaked at $13.4 per unit in June 2023, and then fell in the following month.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was France ($13.4 per unit), while the average price for exports to Syrian Arab Republic ($4.3 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Circuit Breaker Imports in Turkey
For the fourth year in a row, Turkey recorded growth in supplies from abroad of automatic circuit breakers, which increased by 16% to 29M units in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, circuit breaker imports soared to $311M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.6% 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 +58.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Circuit Breaker in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.1 | 33.8 | 62.6 | 75.5 | 53.0% |
| Italy | 31.8 | 50.2 | 60.9 | 74.7 | 32.9% |
| Germany | 49.4 | 48.7 | 47.5 | 53.5 | 2.7% |
| Czech Republic | 17.5 | 20.6 | 28.7 | 31.0 | 21.0% |
| India | 8.3 | 13.0 | 13.1 | 18.6 | 30.9% |
| France | 18.5 | 19.2 | 11.0 | 14.5 | -7.8% |
| Romania | 5.1 | 6.1 | 6.2 | 6.6 | 9.0% |
| Serbia | 1.4 | 2.4 | 2.7 | 4.5 | 47.6% |
| Thailand | 3.9 | 6.3 | 4.9 | 3.6 | -2.6% |
| Poland | 4.2 | 4.6 | 2.9 | 3.5 | -5.9% |
| Bulgaria | 3.8 | 2.8 | 3.4 | 3.5 | -2.7% |
| Others | 31.2 | 24.0 | 17.6 | 21.8 | -11.3% |
| Total | 196 | 232 | 262 | 311 | 16.6% |
Top Suppliers of Circuit Breaker to Turkey in 2022:
- China (13.0M units)
- Italy (4.7M units)
- India (2.2M units)
- Czech Republic (2.0M units)
- Germany (2.0M units)
- Thailand (0.9M units)
- Romania (0.8M units)
- Serbia (0.7M units)
- France (0.7M units)
- Bulgaria (0.6M units)
- Poland (0.4M units)
Circuit Breaker Exports in Turkey
In 2022, approx. 15M units of automatic circuit breakers were exported from Turkey; picking up by 16% compared with 2021 figures. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% 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 +48.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, circuit breaker exports surged to $171M in 2022. The total export value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Circuit Breaker in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 55.0 | 56.9 | 64.6 | 70.2 | 8.5% |
| Iran | 11.8 | 18.8 | 18.2 | 22.7 | 24.4% |
| Czech Republic | 5.7 | 7.0 | 7.9 | 9.3 | 17.7% |
| Azerbaijan | 6.9 | 7.4 | 8.3 | 8.6 | 7.6% |
| Italy | 5.0 | 5.1 | 5.1 | 6.2 | 7.4% |
| Iraq | 4.7 | 5.3 | 7.6 | 6.1 | 9.1% |
| Turkmenistan | 0.5 | 0.8 | 2.3 | 5.5 | 122.4% |
| Spain | 1.0 | 2.1 | 2.1 | 3.8 | 56.0% |
| Georgia | 2.0 | 2.0 | 2.1 | 3.0 | 14.5% |
| Others | 30.5 | 23.9 | 29.3 | 35.1 | 4.8% |
| Total | 123 | 129 | 147 | 171 | 11.6% |
Top Export Markets for Circuit Breaker from Turkey in 2022:
- France (5.8M units)
- Czech Republic (1.9M units)
- Iran (1.3M units)
- Azerbaijan (0.8M units)
- Iraq (0.6M units)
- Italy (0.5M units)
- Spain (0.5M units)
- Turkmenistan (0.4M units)
- Georgia (0.3M units)
This report provides an in-depth analysis of the circuit breaker 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 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
488
This report provides an in-depth analysis of the circuit breaker market in Turkey.
391
This report provides an in-depth analysis of the electrical circuit apparatus market in Turkey.
454
This report provides an in-depth analysis of the electrical fuse market in Turkey.
315
This report provides an in-depth analysis of the isolating switch market in Turkey.
1489
This report provides an in-depth analysis of the global circuit breaker market.
868
This report provides an in-depth analysis of the global electrical circuit apparatus market.
899
This report provides an in-depth analysis of the global electrical fuse market.
618
This report provides an in-depth analysis of the global isolating switch market.
488
This report provides an in-depth analysis of the circuit breaker market in Turkey.
391
This report provides an in-depth analysis of the electrical circuit apparatus market in Turkey.
100
Circuit Breaker imports reached a peak of 5.2M units in May 2023, but decreased in the following months. In January 2024, imports plummeted to $25M in value.
127
During the review period, the imports of Circuit Breakers reached their highest level in May 2023, with 5.2 million units. However, from June 2023 to November 2023, the imports sustained a lower figure. In terms of value, the imports of Circuit Breakers declined to $30 million in November 2023.
54
Isolating Switch exports reached record highs of 3.9M units in 2016 but declined slightly from 2017 to 2023, with exports reaching $44M in value terms.
769
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
1185
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
871
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
1162
In value terms, electrical machines and apparatus imports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rat...
930
In value terms, electrical apparatus exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1295
In value terms, electrical machines and apparatus exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value decreased at an average annual rate...
100
Circuit Breaker imports reached a peak of 5.2M units in May 2023, but decreased in the following months. In January 2024, imports plummeted to $25M in value.
