Dredgers Price in Turkey - 2023

Contents:

  1. Dredgers Price in Turkey (CIF) - 2022
  2. Dredgers Price in Turkey (FOB) - 2022
  3. Dredgers Imports in Turkey
  4. Dredgers Exports in Turkey

Dredgers Price in Turkey (CIF) - 2022

The average dredgers import price stood at $3,550,175 per unit in 2022, surging by 201% against the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 1,363%. As a result, import price attained the peak level of $4,158,114 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +73.9% per year.

Dredgers Price in Turkey (FOB) - 2022

The average dredgers export price stood at $419,685 per unit in 2022, remaining constant against the previous year. Overall, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 438% against the previous year. As a result, the export price reached the peak level of $8,393,707 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($431,229 per unit), while the average price for exports to New Zealand stood at $200,357 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+134.8%).

Dredgers Imports in Turkey

In 2022, overseas purchases of dredgerses decreased by -83.3% to 1 units, falling for the second year in a row after two years of growth. Overall, imports recorded a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of 7 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, dredgers imports contracted significantly to $3.6M in 2022. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 725%. Imports peaked at $7.1M in 2021, and then declined sharply in the following year.

Import of Dredgers in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands22.71569943,550438.8%
Russia21.0115583N/A426.9%
Norway4.4N/AN/AN/A0%
ChinaN/A0.2N/AN/A0%
GreeceN/A202N/AN/A0%
Germany52.23092,178N/A545.9%
IsraelN/A168N/AN/A0%
Ukraine43.02311,151N/A417.4%
OthersN/AN/A2,180N/A0%
Total1431,1817,0873,550191.7%

Top Suppliers of Dredgers to Turkey in 2022:

  1. Netherlands (1.0 units)

Dredgers Exports in Turkey

In 2022, dredgers exports from Turkey stood at 40 units, stabilizing at the previous year. Overall, exports enjoyed a significant expansion. The smallest decline of -33.3% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, dredgers exports amounted to $17M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 259%. As a result, the exports attained the peak of $34M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Dredgers in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.30.2N/A16.4279.5%
New ZealandN/AN/AN/A0.40%
Thailand0.1N/AN/AN/A0%
Marshall Islands8.6N/AN/AN/A0%
AlbaniaN/AN/AN/AN/A0%
Azerbaijan0.1N/AN/AN/A0%
Libya0.2N/AN/AN/A0%
NetherlandsN/A16.3N/AN/A0%
OthersN/A17.1N/AN/A0%
Total9.433.6N/A16.821.4%

Top Export Markets for Dredgers from Turkey in 2022:

  1. United Arab Emirates (38.0 units)
  2. New Zealand (2.0 units)

Source: IndexBox Market Intelligence Platform

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