Turkey - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Ballast for Discharge Lamp in Turkey - 2023
Contents:
- Price for Ballast for Discharge Lamp in Turkey (CIF) - 2022
- Price for Ballast for Discharge Lamp in Turkey (FOB) - 2022
- Imports of Ballast for Discharge Lamp in Turkey
- Exports of Ballast for Discharge Lamp in Turkey
Price for Ballast for Discharge Lamp in Turkey (CIF) - 2022
The average ballast for discharge lamp import price stood at $4.2 per unit in 2022, picking up by 20% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $4.8 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Germany ($24 per unit), while the price for China ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ballast for Discharge Lamp in Turkey (FOB) - 2022
The average ballast for discharge lamp export price stood at $15 per unit in 2022, jumping by 34% against the previous year. In general, the export price showed a resilient increase. The growth pace was the most rapid in 2021 when the average export price increased by 107%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($58 per unit), while the average price for exports to Saudi Arabia ($4.8 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 Romania (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ballast for Discharge Lamp in Turkey
For the third year in a row, Turkey recorded decline in overseas purchases of ballasts for discharge lamps or tubes, which decreased by -59.9% to 769K units in 2022. Over the period under review, imports showed a significant decline. The smallest decline of -5.8% was in 2020. Over the period under review, imports hit record highs at 2.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, ballast for discharge lamp imports plummeted to $3.3M in 2022. Overall, imports faced a precipitous decrease. The pace of growth was the most pronounced in 2020 when imports increased by 2.9% against the previous year. As a result, imports reached the peak of $8.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Ballast for Discharge Lamp in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 2.4 | 1.8 | 0.9 | -20.6% |
| Bulgaria | 3.4 | 2.3 | 2.5 | 0.8 | -38.3% |
| Germany | 0.9 | 1.4 | 0.8 | 0.6 | -12.6% |
| Italy | 0.5 | 0.8 | 0.4 | 0.1 | -41.5% |
| Poland | 0.5 | 0.5 | 0.4 | 0.1 | -41.5% |
| Others | 0.7 | 0.8 | 0.8 | 0.7 | 0.0% |
| Total | 7.9 | 8.1 | 6.8 | 3.3 | -25.2% |
Top Suppliers of Ballast for Discharge Lamp to Turkey in 2022:
- China (433.1K units)
- Bulgaria (259.0K units)
- Poland (28.2K units)
- Germany (24.4K units)
- Italy (5.6K units)
Exports of Ballast for Discharge Lamp in Turkey
In 2022, shipments abroad of ballasts for discharge lamps or tubes decreased by -43% to 113K units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2020 when exports increased by 57% against the previous year. As a result, the exports attained the peak of 392K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ballast for discharge lamp exports dropped sharply to $1.7M in 2022. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 4.6% against the previous year. Over the period under review, the exports attained the maximum at $2.2M in 2021, and then dropped dramatically in the following year.
| Export of Ballast for Discharge Lamp in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 344 | 106 | 288 | 501 | 13.4% |
| Romania | 27.6 | 36.6 | 679 | 194 | 91.6% |
| Germany | 261 | 191 | 44.3 | 123 | -22.2% |
| Kazakhstan | 35.8 | 185 | 1.2 | 80.0 | 30.7% |
| Iraq | 94.0 | 94.3 | 146 | 75.7 | -7.0% |
| Libya | 155 | 306 | 27.7 | 75.5 | -21.3% |
| Iran | 15.3 | 160 | 75.4 | 62.8 | 60.1% |
| Israel | 3.6 | 30.9 | 5.3 | 58.8 | 153.7% |
| Uzbekistan | 1.9 | 4.7 | 23.0 | 35.2 | 164.6% |
| India | 65.7 | 0.9 | N/A | 32.6 | -20.8% |
| Azerbaijan | 50.0 | 76.7 | 81.3 | 31.7 | -14.1% |
| Angola | N/A | 4.7 | 3.2 | 24.1 | 126.4% |
| Saudi Arabia | 53.0 | 11.9 | N/A | 18.1 | -30.1% |
| Others | 898 | 888 | 818 | 360 | -26.3% |
| Total | 2,005 | 2,098 | 2,193 | 1,672 | -5.9% |
Top Export Markets for Ballast for Discharge Lamp from Turkey in 2022:
- Norway (35.2K units)
- Libya (8.3K units)
- Kazakhstan (6.3K units)
- Iran (4.7K units)
- Uzbekistan (4.7K units)
- India (4.0K units)
- Germany (4.0K units)
- Saudi Arabia (3.8K units)
- Iraq (3.8K units)
- Romania (3.4K units)
- Israel (3.1K units)
- Angola (3.0K units)
- Azerbaijan (2.9K units)
This report provides an in-depth analysis of the market for ballast for discharge lamp 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 27115013 - Inductors for discharge lamps or tubes
- Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
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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