Hand Saws Price in Turkey - 2023

Contents:

  1. Hand Saws Price in Turkey (CIF) - 2023
  2. Hand Saws Price in Turkey (FOB) - 2023
  3. Hand Saws Imports in Turkey
  4. Hand Saws Exports in Turkey

Hand Saws Price in Turkey (CIF) - 2023

In July 2023, the average hand saws import price amounted to $19,224 per ton, stabilizing at the previous month. Overall, import price indicated a pronounced increase from September 2022 to July 2023: its price increased at an average monthly rate of +4.5% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, hand saws import price decreased by -16.4% against March 2023 indices. The growth pace was the most rapid in February 2023 when the average import price increased by 45% m-o-m. The import price peaked at $22,988 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($63,004 per ton), while the price for Greece ($2,967 per ton) was amongst the lowest.

From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand Saws Price in Turkey (FOB) - 2023

In July 2023, the average hand saws export price amounted to $7,483 per ton, which is down by -2.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 24% m-o-m. The export price peaked at $9,159 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($18,401 per ton), while the average price for exports to the UK ($4,420 per ton) 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 Ethiopia (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Saws Imports in Turkey

In 2022, supplies from abroad of hand sawses decreased by -7.2% to 4K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year.

In value terms, hand saws imports fell to $61M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +44.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of $62M, and then declined modestly in the following year.

Import of Hand Saws in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.115.920.722.514.2%
Italy5.16.47.89.322.2%
China3.75.48.07.727.7%
Switzerland4.08.07.44.75.5%
Sweden1.31.72.52.117.3%
Czech Republic1.21.11.61.57.7%
United States1.61.11.01.2-9.1%
Austria1.71.51.51.2-11.0%
Taiwan (Chinese)0.40.60.90.57.7%
United Kingdom0.30.40.70.518.6%
Others7.57.99.79.47.8%
Total42.150.061.760.612.9%

Top Suppliers of Hand Saws to Turkey in 2022:

  1. Germany (1220.0 tons)
  2. China (943.4 tons)
  3. Italy (919.3 tons)
  4. Switzerland (189.7 tons)
  5. United Kingdom (103.8 tons)
  6. Sweden (96.1 tons)
  7. Czech Republic (84.1 tons)
  8. United States (75.8 tons)
  9. Austria (49.6 tons)
  10. Taiwan (Chinese) (38.7 tons)

Hand Saws Exports in Turkey

In 2022, approx. 3.9K tons of hand sawses were exported from Turkey; increasing by 5.8% compared with the previous year. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, hand saws exports expanded rapidly to $27M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +49.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Hand Saws in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.94.05.56.518.6%
Germany2.12.22.73.215.1%
Austria1.20.91.81.610.1%
Russia0.20.20.21.6100.0%
Iran2.11.71.61.5-10.6%
Hungary1.21.01.11.57.7%
Italy0.50.71.21.233.9%
Iraq0.50.60.60.921.6%
France0.60.50.80.60.0%
Sweden1.00.40.60.5-20.6%
Bulgaria0.30.40.80.518.6%
Spain0.20.20.20.426.0%
United Kingdom0.10.10.20.344.2%
Others4.74.96.76.29.7%
Total18.417.823.926.613.1%

Top Export Markets for Hand Saws from Turkey in 2022:

  1. United States (1041.2 tons)
  2. Germany (514.2 tons)
  3. Hungary (356.2 tons)
  4. Austria (328.6 tons)
  5. Italy (164.7 tons)
  6. Iran (157.5 tons)
  7. France (134.6 tons)
  8. Sweden (103.8 tons)
  9. Iraq (103.7 tons)
  10. Bulgaria (90.4 tons)
  11. Russia (86.5 tons)
  12. Spain (61.5 tons)
  13. United Kingdom (60.6 tons)

Source: IndexBox Market Intelligence Platform

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