Turkey - Self-Propelled Bulldozers (360° Rotation) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Self-Propelled Bulldozers (360° Rotation) - Market Analysis, Forecast, Size, Trends And Insights

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Full-Rotation Excavator Price in Turkey - 2023

Contents:

  1. Full-Rotation Excavator Price in Turkey (CIF) - 2023
  2. Full-Rotation Excavator Price in Turkey (FOB) - 2022
  3. Full-Rotation Excavator Imports in Turkey
  4. Full-Rotation Excavator Exports in Turkey

Full-Rotation Excavator Price in Turkey (CIF) - 2023

In July 2023, the average full-rotation excavator import price amounted to $95,543 per unit, therefore, remained relatively stable against the previous month. In general, the import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in September 2022 an increase of 48% m-o-m. Over the period under review, average import prices reached the maximum at $136K per unit in October 2022; afterwards, it flattened through to July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($130K per unit), while the price for Austria ($25,137 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Full-Rotation Excavator Price in Turkey (FOB) - 2022

The average full-rotation excavator export price stood at $97,032 per unit in 2022, with an increase of 2.9% against the previous year. Over the period under review, the export price, however, saw a mild contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 33%. The export price peaked at $127,260 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($134,165 per unit), while the average price for exports to the Netherlands ($19,886 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Full-Rotation Excavator Imports in Turkey

Full-rotation excavator imports into Turkey surged to 5.4K units in 2022, with an increase of 57% compared with the year before. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 238% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, full-rotation excavator imports soared to $503M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 175%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Full-Rotation Excavator in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.554.3102188100.0%
Japan26.682.913818289.8%
South Korea9.030.979.597.8121.5%
IndonesiaN/AN/A5.414.3164.8%
France4.64.87.15.34.8%
Austria0.21.14.42.5132.1%
Others1.45.611.713.3111.8%
Total65.318034850397.5%

Top Suppliers of Full-Rotation Excavator to Turkey in 2022:

  1. Japan (2090.0 units)
  2. China (1815.0 units)
  3. South Korea (954.0 units)
  4. Indonesia (225.0 units)
  5. France (90.0 units)
  6. Austria (89.0 units)

Full-Rotation Excavator Exports in Turkey

For the third year in a row, Turkey recorded decline in shipments abroad of self-propelled full-rotation excavators and bulldozers, which decreased by -13.4% to 1.2K units in 2022. In general, exports showed a dramatic shrinkage. The smallest decline of -8.3% was in 2021. Over the period under review, the exports hit record highs at 2.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, full-rotation excavator exports declined to $116M in 2022. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports hit record highs at $203M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Full-Rotation Excavator in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan7.14.513.511.617.8%
Georgia11.35.84.511.0-0.9%
Russia2.80.90.98.947.0%
Spain7.75.413.17.6-0.4%
Slovenia3.72.26.56.218.8%
Australia3.81.63.96.117.1%
Italy1.51.85.15.049.4%
Iran2.71.14.33.913.0%
United Kingdom2.50.63.63.511.9%
Bulgaria1.63.63.23.226.0%
Chile2.21.53.92.77.1%
Thailand3.02.74.12.6-4.7%
Netherlands19.97.33.10.7-67.2%
Others13367.560.343.0-31.4%
Total203106130116-17.0%

Top Export Markets for Full-Rotation Excavator from Turkey in 2022:

  1. Azerbaijan (124.0 units)
  2. Iran (109.0 units)
  3. Georgia (94.0 units)
  4. Russia (75.0 units)
  5. Spain (57.0 units)
  6. Australia (51.0 units)
  7. Slovenia (50.0 units)
  8. Italy (44.0 units)
  9. Netherlands (34.0 units)
  10. United Kingdom (30.0 units)
  11. Bulgaria (29.0 units)
  12. Chile (27.0 units)
  13. Thailand (27.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the full-rotation excavator 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 28922600 - Self-propelled bulldozers... with a .360

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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