Turkey - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLoading Machinery Price in Turkey - 2023
Contents:
- Loading Machinery Price in Turkey (CIF) - 2022
- Loading Machinery Price in Turkey (FOB) - 2023
- Loading Machinery Imports in Turkey
- Loading Machinery Exports in Turkey
Loading Machinery Price in Turkey (CIF) - 2022
In 2022, the average loading machinery import price amounted to $3,283 per unit, reducing by -29.3% against the previous year. Over the period under review, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 29% against the previous year. The import price peaked at $4,640 per unit in 2021, and then declined significantly in the following year.
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 the UK ($9,079 per unit), while the price for China ($1,972 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Loading Machinery Price in Turkey (FOB) - 2023
The average loading machinery export price stood at $2,796 per unit in September 2023, shrinking by -5.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 44% m-o-m. Over the period under review, the average export prices hit record highs at $3,181 per unit in July 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,219 per unit), while the average price for exports to Iran ($1,005 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Loading Machinery Imports in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas purchases of lifting, handling, loading or unloading machinery, which increased by 2.3% to 55K units in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.6% 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 +75.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, loading machinery imports fell sharply to $182M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of $251M, and then shrank rapidly in the following year.
| Import of Loading Machinery in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 26.3 | 27.0 | 59.5 | 49.5 | 23.5% |
| China | 10.9 | 8.3 | 53.0 | 35.8 | 48.6% |
| Germany | 44.9 | 74.7 | 73.4 | 28.2 | -14.4% |
| United States | 16.1 | 9.2 | 5.6 | 7.9 | -21.1% |
| Netherlands | 4.3 | 1.8 | 6.5 | 7.6 | 20.9% |
| India | 4.5 | 4.4 | 5.2 | 5.6 | 7.6% |
| Romania | 8.0 | 3.2 | 4.3 | 5.4 | -12.3% |
| France | 6.4 | 9.1 | 4.6 | 5.2 | -6.7% |
| Slovakia | 0.5 | 1.1 | 2.3 | 5.1 | 116.9% |
| Spain | 0.6 | 7.0 | 1.4 | 4.3 | 92.8% |
| Poland | 0.2 | 0.6 | 6.8 | 2.7 | 138.1% |
| South Korea | 2.1 | 4.0 | 6.3 | 1.0 | -21.9% |
| Others | 11.5 | 13.5 | 22.4 | 23.5 | 26.9% |
| Total | 136 | 164 | 251 | 182 | 10.2% |
Top Suppliers of Loading Machinery to Turkey in 2022:
- China (18.1K units)
- Italy (14.1K units)
- Germany (5.7K units)
- India (2.7K units)
- Netherlands (2.6K units)
- Romania (2.3K units)
- France (2.1K units)
- Slovakia (1.3K units)
- United States (1.1K units)
- Spain (1.1K units)
- Poland (0.9K units)
- South Korea (0.2K units)
Loading Machinery Exports in Turkey
In 2022, approx. 33K units of lifting, handling, loading or unloading machinery were exported from Turkey; picking up by 35% on the year before. 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 throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, loading machinery exports surged to $74M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.5% 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 +54.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Loading Machinery in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.7 | 11.6 | 16.5 | 19.3 | 4.9% |
| Israel | 2.1 | 2.3 | 4.7 | 6.2 | 43.5% |
| Russia | 2.4 | 2.9 | 4.5 | 4.5 | 23.3% |
| Uzbekistan | 1.9 | 1.5 | 3.0 | 3.1 | 17.7% |
| Iraq | 3.0 | 1.7 | 1.8 | 3.0 | 0.0% |
| France | 0.5 | 0.7 | 2.2 | 2.7 | 75.4% |
| Qatar | 2.6 | 1.6 | 2.4 | 2.6 | 0.0% |
| Germany | 2.2 | 1.5 | 1.6 | 2.6 | 5.7% |
| Azerbaijan | 1.1 | 0.9 | 2.0 | 2.6 | 33.2% |
| Algeria | 1.3 | 1.0 | 1.0 | 2.3 | 20.9% |
| Mexico | 0.6 | 0.3 | 0.8 | 1.7 | 41.5% |
| Kazakhstan | 3.1 | 1.8 | 0.3 | 1.6 | -19.8% |
| Saudi Arabia | 2.9 | 2.6 | 0.7 | 0.7 | -37.7% |
| Others | 17.9 | 17.9 | 15.8 | 21.5 | 6.3% |
| Total | 58.2 | 48.2 | 57.5 | 74.4 | 8.5% |
Top Export Markets for Loading Machinery from Turkey in 2022:
- United States (7.4K units)
- Israel (2.8K units)
- France (2.0K units)
- Iraq (1.7K units)
- Qatar (1.3K units)
- Uzbekistan (1.3K units)
- Germany (1.1K units)
- Mexico (1.0K units)
- Azerbaijan (1.0K units)
- Kazakhstan (0.9K units)
- Russia (0.9K units)
- Saudi Arabia (0.8K units)
- Algeria (0.8K units)
This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
- Prodcom 28221850 - Loading machinery specially designed for agricultural use
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
-
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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