Report Update: May 1, 2024

Turkey - Non-Self-Propelled Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights

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Non-Self-Propelled Fork-Lift Truck Price in Turkey - 2023

Non-Self-Propelled Fork-Lift Truck Price in Turkey (CIF) - 2023

The average non-self-propelled fork-lift truck import price stood at $174 per unit in September 2023, dropping by -6.3% against the previous month. Overall, the import price showed a pronounced decrease. The pace of growth was the most pronounced in January 2023 an increase of 97% m-o-m. As a result, import price reached the peak level of $496 per unit. From February 2023 to September 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -4.1% per month.

Non-Self-Propelled Fork-Lift Truck Price in Turkey (FOB) - 2022

The average non-self-propelled fork-lift truck export price stood at $685 per unit in 2022, picking up by 138% against the previous year. Overall, the export price posted a strong expansion. Over the period under review, the average export prices reached the maximum at $692 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,126 per unit), while the average price for exports to Egypt ($79 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 Germany (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Self-Propelled Fork-Lift Truck Imports in Turkey

In 2022, after three years of growth, there was significant decline in supplies from abroad of non-self-propelled fork-lift trucks, when their volume decreased by -8.3% to 64K units. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +37.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports attained the peak of 70K units, and then dropped in the following year.

In value terms, non-self-propelled fork-lift truck imports expanded notably to $13M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; however, 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 33%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Non-Self-Propelled Fork-Lift Truck in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	6.3	7.8	11.3	12.0	24.0%
Others	5.2	1.8	1.4	1.5	-33.9%
Total	11.5	9.6	12.8	13.5	5.5%

Top Suppliers of Non-Self-Propelled Fork-Lift Truck to Turkey in 2022:

China (63.9K units)

Non-Self-Propelled Fork-Lift Truck Exports in Turkey

After three years of growth, overseas shipments of non-self-propelled fork-lift trucks decreased by -55.7% to 13K units in 2022. In general, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 88% against the previous year. The exports peaked at 29K units in 2021, and then contracted significantly in the following year.

In value terms, non-self-propelled fork-lift truck exports rose markedly to $8.9M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Non-Self-Propelled Fork-Lift Truck in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	933	962	774	1,063	4.4%
Israel	395	345	509	440	3.7%
Germany	83.4	465	448	384	66.4%
Hungary	27.1	13.7	129	266	114.1%
Italy	1.3	39.5	9.0	243	471.8%
Bulgaria	114	148	83.3	236	27.4%
Iraq	76.9	163	127	178	32.3%
Romania	155	25.0	199	142	-2.9%
Azerbaijan	122	175	334	108	-4.0%
Cyprus	52.9	78.5	105	103	24.9%
Bosnia and Herzegovina	N/A	8.5	24.3	83.0	212.5%
Uzbekistan	144	314	195	79.0	-18.1%
Egypt	115	344	251	57.9	-20.4%
Others	3,782	3,609	5,254	5,533	13.5%
Total	6,002	6,690	8,440	8,915	14.1%

Top Export Markets for Non-Self-Propelled Fork-Lift Truck from Turkey in 2022:

Bulgaria (2.9K units)
Israel (2.0K units)
Iraq (1.9K units)
Germany (1.1K units)
Hungary (1.1K units)
Azerbaijan (1.0K units)
Bosnia and Herzegovina (0.8K units)
Egypt (0.7K units)
Romania (0.6K units)
Italy (0.6K units)
Uzbekistan (0.5K units)
United Kingdom (0.5K units)
Cyprus (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-self-propelled fork-lift truck 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 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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