Turkey - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNails and Tacks Price in Turkey - 2023
Contents:
- Nails and Tacks Price in Turkey (CIF) - 2023
- Nails and Tacks Price in Turkey (FOB) - 2023
- Nails and Tacks Imports in Turkey
- Nails and Tacks Exports in Turkey
Nails and Tacks Price in Turkey (CIF) - 2023
In July 2023, the average nails and tacks import price amounted to $2,119 per ton, declining by -16% against the previous month. In general, the import price showed a pronounced contraction. The pace of growth was the most pronounced in April 2023 an increase of 40% month-to-month. As a result, import price attained the peak level of $3,541 per ton. From May 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($3,800 per ton), while the price for China stood at $1,225 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+0.6%).
Nails and Tacks Price in Turkey (FOB) - 2023
The average nails and tacks export price stood at $2,075 per ton in July 2023, which is down by -11% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 22% month-to-month. As a result, the export price attained the peak level of $2,335 per ton. From April 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Algeria ($13,721 per ton), while the average price for exports to Iran ($1,161 per ton) 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 Algeria (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Nails and Tacks Imports in Turkey
In 2022, approx. 4.6K tons of nails, tacks, drawing pins, corrugated nails, staples were imported into Turkey; surging by 4% compared with the year before. Overall, imports, however, continue to indicate a slight shrinkage.
In value terms, nails and tacks imports soared to $14M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Nails and Tacks in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | 6.3 | 5.9 | 6.9 | 7.6 | 6.5% |
China | 2.3 | 2.1 | 2.4 | 3.5 | 15.0% |
Italy | 1.3 | 1.0 | 1.2 | 1.0 | -8.4% |
Taiwan (Chinese) | 0.2 | 0.2 | 0.4 | 0.3 | 14.5% |
Others | 0.8 | 0.8 | 0.9 | 1.0 | 7.7% |
Total | 10.9 | 10.0 | 11.7 | 13.5 | 7.4% |
Top Suppliers of Nails and Tacks to Turkey in 2022:
- Slovenia (2219.7 tons)
- China (1727.4 tons)
- Italy (289.2 tons)
- Taiwan (Chinese) (125.3 tons)
Nails and Tacks Exports in Turkey
In 2022, after three years of growth, there was significant decline in overseas shipments of nails, tacks, drawing pins, corrugated nails, staples, when their volume decreased by -6.1% to 2.5K tons. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 13% against the previous year.
In value terms, nails and tacks exports rose slightly to $5M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +46.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Nails and Tacks in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 339 | 373 | 775 | 541 | 16.9% |
Georgia | 368 | 391 | 259 | 511 | 11.6% |
Serbia | 358 | 418 | 529 | 481 | 10.3% |
Bulgaria | 208 | 364 | 537 | 348 | 18.7% |
Iraq | 190 | 224 | 263 | 289 | 15.0% |
Algeria | 94.2 | 80.4 | 36.1 | 252 | 38.8% |
Italy | 129 | 96.1 | 107 | 243 | 23.5% |
Bosnia and Herzegovina | 180 | 199 | 179 | 221 | 7.1% |
Azerbaijan | 132 | 150 | 254 | 186 | 12.1% |
Albania | 58.3 | 37.5 | 113 | 154 | 38.2% |
North Macedonia | 92.8 | 71.9 | 105 | 152 | 17.9% |
Lithuania | 10.3 | N/A | 69.6 | 142 | 139.8% |
Cyprus | 87.6 | 61.8 | 104 | 136 | 15.8% |
Others | 1,187 | 1,264 | 1,518 | 1,387 | 5.3% |
Total | 3,433 | 3,732 | 4,848 | 5,043 | 13.7% |
Top Export Markets for Nails and Tacks from Turkey in 2022:
- United States (281.2 tons)
- Georgia (238.0 tons)
- Serbia (235.9 tons)
- Bulgaria (197.1 tons)
- Italy (143.9 tons)
- Iraq (138.4 tons)
- Algeria (137.3 tons)
- Bosnia and Herzegovina (117.0 tons)
- Azerbaijan (100.5 tons)
- Lithuania (92.5 tons)
- Albania (83.2 tons)
- North Macedonia (69.0 tons)
- Cyprus (64.5 tons)
This report provides an in-depth analysis of the nails and tacks 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 25931400 - Nails, tacks, drawing pins, corrugated nails, staples (other than those of HS
- Prodcom 25992330 - Base metal fittings for loose-leaf binders or files
- Prodcom 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
- Prodcom 25992370 - Office articles such as letter clips, letter corners... of base metal
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
This report provides an in-depth analysis of the nails and tacks market in Turkey.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Turkey.
This report provides an in-depth analysis of the office metal staple market in Turkey.
This report provides an in-depth analysis of the metal letter clip market in Turkey.
This report provides an in-depth analysis of the global nails and tacks market.
This report provides an in-depth analysis of the global market for loose-leaf binder metal fitting.
This report provides an in-depth analysis of the global office metal staple market.
This report provides an in-depth analysis of the global metal letter clip market.
This report provides an in-depth analysis of the nails and tacks market in Turkey.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Turkey.
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