Turkey - Invalid Carriages Motorised Or Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Invalid Carriages Motorised Or Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights

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Motorised Invalid Carriage Price in Turkey - 2023

Contents:

  1. Motorised Invalid Carriage Price in Turkey (CIF) - 2022
  2. Motorised Invalid Carriage Price in Turkey (FOB) - 2023
  3. Motorised Invalid Carriage Imports in Turkey
  4. Motorised Invalid Carriage Exports in Turkey

Motorised Invalid Carriage Price in Turkey (CIF) - 2022

The average motorised invalid carriage import price stood at $270 per unit in 2022, flattening at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19%. Over the period under review, average import prices reached the peak figure at $335 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,233 per unit), while the price for China ($250 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Motorised Invalid Carriage Price in Turkey (FOB) - 2023

In July 2023, the average motorised invalid carriage export price amounted to $252 per unit, with a decrease of -26.5% against the previous month. Overall, the export price, however, continues to indicate a perceptible expansion. The growth pace was the most rapid in November 2022 an increase of 143% month-to-month. Over the period under review, the average export prices attained the peak figure at $492 per unit in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($3,359 per unit), while the average price for exports to Libya ($73.9 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Motorised Invalid Carriage Imports in Turkey

In 2022, overseas purchases of invalid carriages motorised or mechanically propelled decreased by -2.5% to 23K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 18%. Imports peaked at 23K units in 2021, and then fell modestly in the following year.

In value terms, motorised invalid carriage imports fell slightly to $6.1M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.3%. Imports peaked at $6.2M in 2021, and then reduced slightly in the following year.

Import of Motorised Invalid Carriage in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.95.65.45.43.3%
NetherlandsN/AN/A0.20.1-50.0%
Others0.70.40.60.6-5.0%
Total5.66.16.26.12.9%

Top Suppliers of Motorised Invalid Carriage to Turkey in 2022:

  1. China (21.5K units)
  2. Netherlands (0.5K units)

Motorised Invalid Carriage Exports in Turkey

For the fourth year in a row, Turkey recorded growth in shipments abroad of invalid carriages motorised or mechanically propelled, which increased by 52% to 19K units in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 156%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, motorised invalid carriage exports skyrocketed to $2.2M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Motorised Invalid Carriage in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya51.610127.6613128.2%
Azerbaijan31.962.9599508151.6%
Syrian Arab Republic10826931423128.8%
Romania3.83.735.5131225.5%
Georgia33.227.382.611852.6%
Cyprus18.238.746.061.149.7%
Nigeria10.814.50.535.548.7%
Iraq82.152.036.730.5-28.1%
Bulgaria32.616.413916.5-20.3%
Others477347359473-0.3%
Total8499321,6402,21737.7%

Top Export Markets for Motorised Invalid Carriage from Turkey in 2022:

  1. Azerbaijan (7.0K units)
  2. Libya (6.6K units)
  3. Syrian Arab Republic (1.8K units)
  4. Romania (0.9K units)
  5. Georgia (0.5K units)
  6. Nigeria (0.3K units)
  7. Cyprus (0.3K units)
  8. Iraq (0.1K units)
  9. Bulgaria (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motorised invalid carriage 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 30922090 - Invalid carriages motorised or mechanically propelled

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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