Turkey - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsolating Switch Price in Turkey - 2023
Contents:
- Isolating Switch Price in Turkey (FOB) - 2022
- Isolating Switch Price in Turkey (CIF) - 2022
- Isolating Switch Exports in Turkey
- Isolating Switch Imports in Turkey
Isolating Switch Price in Turkey (FOB) - 2022
In 2022, the average isolating switch export price amounted to $15 per unit, waning by -5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. As a result, the export price attained the peak level of $16 per unit, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($36 per unit), while the average price for exports to Saudi Arabia ($11 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 Libya (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Isolating Switch Price in Turkey (CIF) - 2022
The average isolating switch import price stood at $36 per unit in 2022, falling by -29.1% against the previous year. In general, the import price, however, continues to indicate notable growth. The growth pace was the most rapid in 2014 when the average import price increased by 108% against the previous year. The import price peaked at $59 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($111 per unit), while the price for Bulgaria ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Isolating Switch Exports in Turkey
In 2022, exports of isolating switches & make-and-break switches from Turkey soared to 2.8M units, jumping by 52% on the previous year's figure. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, isolating switch exports surged to $43M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +53.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Isolating Switch in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 9.7 | 6.4 | 10.9 | 14.5 | 14.3% |
| Saudi Arabia | 6.2 | 10.8 | N/A | 7.3 | 5.6% |
| Azerbaijan | 1.3 | 0.7 | 5.9 | 3.4 | 37.8% |
| Egypt | 1.0 | 1.2 | 0.8 | 2.2 | 30.1% |
| Nigeria | N/A | 0.1 | N/A | 2.1 | 358.3% |
| Libya | N/A | N/A | N/A | 1.9 | 0% |
| Iraq | 1.0 | 1.1 | 1.3 | 1.6 | 17.0% |
| France | 1.6 | 1.8 | 1.8 | 1.6 | 0.0% |
| Switzerland | N/A | 0.5 | 0.8 | 1.0 | 41.4% |
| Russia | N/A | N/A | N/A | 0.7 | 0% |
| Serbia | 0.4 | 0.3 | 0.6 | 0.6 | 14.5% |
| Jordan | N/A | N/A | N/A | 0.6 | 0% |
| Indonesia | 1.8 | 0.8 | 0.2 | N/A | -66.7% |
| Others | 5.0 | 5.6 | 7.7 | 5.8 | 5.1% |
| Total | 28.2 | 29.2 | 30.2 | 43.2 | 15.3% |
Top Export Markets for Isolating Switch from Turkey in 2022:
- Algeria (789.2K units)
- Saudi Arabia (634.9K units)
- Azerbaijan (258.3K units)
- Nigeria (148.3K units)
- Iraq (120.9K units)
- Egypt (117.2K units)
- France (116.8K units)
- Switzerland (60.2K units)
- Jordan (52.2K units)
- Libya (52.0K units)
- Serbia (44.0K units)
- Russia (42.1K units)
- Indonesia (2.6K units)
Isolating Switch Imports in Turkey
After three years of growth, purchases abroad of isolating switches & make-and-break switches decreased by -63.7% to 156K units in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports attained the peak of 430K units, and then shrank rapidly in the following year.
In value terms, isolating switch imports reduced markedly to $5.6M in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 175%. As a result, imports attained the peak of $22M, and then contracted notably in the following year.
| Import of Isolating Switch in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 3.8 | 6.6 | 1.4 | -24.1% |
| India | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| Italy | 1.0 | 1.7 | 1.1 | 0.6 | -15.7% |
| Germany | 1.1 | 0.9 | 0.6 | 0.6 | -18.3% |
| Switzerland | 0.6 | 0.1 | 11.5 | 0.6 | 0.0% |
| Bulgaria | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 1.9 | 1.4 | 1.7 | 0.9 | -22.0% |
| Total | 7.8 | 7.9 | 21.7 | 5.6 | -10.5% |
Top Suppliers of Isolating Switch to Turkey in 2022:
- India (75.9K units)
- China (31.5K units)
- Italy (12.9K units)
- Bulgaria (12.5K units)
- Switzerland (6.0K units)
- Germany (5.7K units)
This report provides an in-depth analysis of the isolating switch 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 27121030 - Isolating switches and make-and-break switches
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
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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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