Turkey - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlough Price in Turkey - 2023
Contents:
- Plough Price in Turkey (FOB) - 2023
- Plough Price in Turkey (CIF) - 2022
- Plough Exports in Turkey
- Plough Imports in Turkey
Plough Price in Turkey (FOB) - 2023
The average plough export price stood at $801 per unit in July 2023, surging by 22% against the previous month. In general, export price indicated a pronounced expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, plough export price increased by +22.2% against June 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 69% m-o-m. As a result, the export price attained the peak level of $1,050 per unit. From January 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 export markets. In July 2023, the country with the highest price was Ukraine ($1,146 per unit), while the average price for exports to Iran ($227 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 Kazakhstan (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Plough Price in Turkey (CIF) - 2022
In 2022, the average plough import price amounted to $1,448 per unit, growing by 268% against the previous year. Over the period under review, the import price recorded a resilient increase. The import price peaked at $1,701 per unit in 2020; however, from 2021 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 Hungary ($3,281 per unit), while the price for Greece ($491 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+57.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Plough Exports in Turkey
Plough exports from Turkey stood at 32K units in 2022, remaining stable against the year before. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 5.7% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, plough exports soared to $21M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% 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 +45.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Plough in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 1,571 | 1,199 | 2,554 | 2,492 | 16.6% |
| Iraq | 4,147 | 3,612 | 957 | 2,169 | -19.4% |
| Russia | 397 | 570 | 949 | 1,928 | 69.3% |
| Bulgaria | 669 | 584 | 1,075 | 1,738 | 37.5% |
| Sudan | 195 | 866 | 1,593 | 1,547 | 99.4% |
| Ethiopia | 38.3 | 303 | 70.8 | 1,439 | 234.9% |
| Serbia | 454 | 365 | 759 | 1,090 | 33.9% |
| Uzbekistan | 841 | 439 | 429 | 1,080 | 8.7% |
| Azerbaijan | 1,557 | 2,356 | 2,385 | 991 | -14.0% |
| Georgia | 364 | 466 | 972 | 970 | 38.6% |
| Greece | 147 | 362 | 388 | 590 | 58.9% |
| Kazakhstan | 132 | 30.3 | 574 | 520 | 57.9% |
| Slovenia | 7.0 | 67.4 | 270 | 418 | 290.9% |
| Others | 3,813 | 3,126 | 5,094 | 3,874 | 0.5% |
| Total | 14,333 | 14,346 | 18,068 | 20,846 | 13.3% |
Top Export Markets for Plough from Turkey in 2022:
- Sudan (4.1K units)
- Moldova (4.0K units)
- Iraq (3.4K units)
- Georgia (2.4K units)
- Bulgaria (2.3K units)
- Russia (2.2K units)
- Serbia (1.7K units)
- Azerbaijan (1.3K units)
- Uzbekistan (1.3K units)
- Ethiopia (1.1K units)
- Greece (0.8K units)
- Kazakhstan (0.7K units)
- Slovenia (0.6K units)
Plough Imports in Turkey
In 2022, the amount of ploughs for agricultural purposes imported into Turkey skyrocketed to 703 units, jumping by 116% against the year before. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 117%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, plough imports soared to $1M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plough in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 52.4 | 0.9 | 295 | 137.3% |
| Russia | 43.2 | N/A | N/A | 275 | 85.3% |
| Italy | 0.3 | 0.3 | 12.1 | 163 | 716.0% |
| Hungary | N/A | N/A | N/A | 133 | 0% |
| Greece | N/A | N/A | 23.0 | 91.9 | 299.6% |
| India | N/A | N/A | N/A | 46.2 | 0% |
| China | 6.3 | 15.5 | 10.1 | 14.0 | 30.5% |
| France | 48.0 | N/A | N/A | 0.5 | -78.2% |
| Norway | N/A | 73.4 | N/A | N/A | 0% |
| United States | N/A | 94.1 | N/A | N/A | 0% |
| Azerbaijan | N/A | N/A | 79.9 | N/A | 0% |
| Poland | 29.2 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 19.5 | 1.9 | N/A | 2.7% |
| Total | 129 | 255 | 128 | 1,018 | 99.1% |
Top Suppliers of Plough to Turkey in 2022:
- Greece (187.0 units)
- Germany (185.0 units)
- Russia (147.0 units)
- Italy (70.0 units)
- India (55.0 units)
- Hungary (41.0 units)
- China (18.0 units)
This report provides an in-depth analysis of the plough 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 28303130 -
- Prodcom 28303150 -
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
-
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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