Liquid Elevators Price in Turkey - 2023

Liquid Elevators Price in Turkey (FOB) - 2022

In 2022, the average liquid elevators export price amounted to $24 per unit, surging by 11% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 169% against the previous year. Over the period under review, the average export prices hit record highs at $115 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($55 per unit), while the average price for exports to Saudi Arabia ($3.4 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 Greece (-2.5%), while the prices for the other major destinations experienced a decline.

Liquid Elevators Price in Turkey (CIF) - 2022

In 2022, the average liquid elevators import price amounted to $283 per unit, growing by 54% against the previous year. Overall, the import price saw a temperate increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 212% against the previous year. The import price peaked at $432 per unit in 2016; however, from 2017 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 ($590 per unit), while the price for the Netherlands ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquid Elevators Exports in Turkey

Liquid elevators exports from Turkey stood at 30K units in 2022, therefore, remained relatively stable against the previous year's figure. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 31K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, liquid elevators exports amounted to $720K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% 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 decreased by -25.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 80% against the previous year. As a result, the exports attained the peak of $966K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Liquid Elevators in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	0.5	30.9	171	293	736.8%
Netherlands	N/A	0.5	N/A	84.8	1202.3%
Israel	22.0	0.9	13.8	44.8	26.8%
Azerbaijan	58.0	462	21.2	44.5	-8.5%
Saudi Arabia	3.3	4.5	N/A	15.8	68.5%
Greece	3.6	N/A	N/A	14.0	57.3%
Hungary	8.4	9.4	10.3	13.4	16.8%
Algeria	22.1	21.9	1.7	12.1	-18.2%
Moldova	11.8	25.5	27.2	0.3	-70.6%
Somalia	51.7	0.1	N/A	N/A	-99.8%
Poland	54.3	63.7	57.4	N/A	2.8%
South Africa	45.1	N/A	N/A	N/A	0%
Others	255	346	346	197	-8.2%
Total	536	966	648	720	10.3%

Top Export Markets for Liquid Elevators from Turkey in 2022:

Russia (11.6K units)
Israel (6.6K units)
Saudi Arabia (4.6K units)
Netherlands (3.4K units)
Azerbaijan (0.8K units)
Greece (0.6K units)
Hungary (0.6K units)
Algeria (0.5K units)
Moldova (0.1K units)

Liquid Elevators Imports in Turkey

For the third consecutive year, Turkey recorded decline in purchases abroad of liquid elevatorses, which decreased by -15.5% to 1.8K units in 2022. Over the period under review, imports continue to indicate a dramatic downturn. Over the period under review, imports reached the maximum at 30K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, liquid elevators imports surged to $505K in 2022. Overall, imports continue to indicate a sharp decline. Over the period under review, imports attained the maximum at $1.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Liquid Elevators in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	81.2	115	112	353	63.2%
United States	4.0	5.6	39.1	41.3	117.8%
China	124	132	43.3	27.9	-39.2%
Italy	50.8	177	77.3	19.3	-27.6%
Netherlands	1,304	420	0.9	5.8	-83.6%
Others	125	133	115	57.6	-22.8%
Total	1,688	983	388	505	-33.1%