Turkey - Insulated electric conductors for a voltage over 1000 V - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 10, 2024

Turkey - Insulated electric conductors for a voltage over 1000 V - Market Analysis, Forecast, Size, Trends And Insights

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Price for Insulated Electric Conductors for A Voltage over 1000 V in Turkey - 2023

Contents:

  1. Price for Insulated Electric Conductors for A Voltage over 1000 V in Turkey (FOB) - 2023
  2. Price for Insulated Electric Conductors for A Voltage over 1000 V in Turkey (CIF) - 2022
  3. Exports of Insulated Electric Conductors for A Voltage over 1000 V in Turkey
  4. Imports of Insulated Electric Conductors for A Voltage over 1000 V in Turkey

Price for Insulated Electric Conductors for A Voltage over 1000 V in Turkey (FOB) - 2023

In November 2023, the average export price for insulated electric conductors for a voltage over 1000 v amounted to $5,340 per ton, dropping by -8% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 7.1% month-to-month. As a result, the export price attained the peak level of $5,942 per ton. From July 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the UK ($6,790 per ton), while the average price for exports to Libya ($3,336 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Insulated Electric Conductors for A Voltage over 1000 V in Turkey (CIF) - 2022

The average import price for insulated electric conductors for a voltage over 1000 v stood at $12,619 per ton in 2022, approximately mirroring the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 36% against the previous year. As a result, import price reached the peak level of $16,111 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,437 per ton), while the price for Spain ($6,538 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+20.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Insulated Electric Conductors for A Voltage over 1000 V in Turkey

In 2022, approx. 64K tons of insulated electric conductors for a voltage over 1000 v were exported from Turkey; increasing by 45% on the previous year. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of insulated electric conductors for a voltage over 1000 v surged to $339M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Insulated Electric Conductors for A Voltage over 1000 V in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.013.715.243.4143.7%
Israel15.618.025.741.138.1%
Poland8.911.116.040.665.8%
United States16.519.622.427.418.4%
Iraq25.617.916.521.6-5.5%
United Kingdom14.78.713.121.213.0%
Spain4.02.93.014.453.3%
Austria0.50.41.810.3174.1%
ColombiaN/AN/AN/A10.30%
Serbia5.45.74.610.223.6%
Bulgaria2.12.92.06.747.2%
Denmark0.22.65.76.1212.4%
Georgia6.82.93.14.6-12.2%
Others83.079.787.480.7-0.9%
Total18618621633922.2%

Top Export Markets for Insulated Electric Conductors for A Voltage over 1000 V from Turkey in 2022:

  1. Germany (9.7K tons)
  2. Poland (8.5K tons)
  3. Israel (6.3K tons)
  4. United States (6.0K tons)
  5. United Kingdom (4.2K tons)
  6. Iraq (3.3K tons)
  7. Spain (3.1K tons)
  8. Austria (2.3K tons)
  9. Colombia (1.9K tons)
  10. Serbia (1.8K tons)
  11. Georgia (1.4K tons)
  12. Bulgaria (1.3K tons)
  13. Denmark (1.2K tons)

Imports of Insulated Electric Conductors for A Voltage over 1000 V in Turkey

For the fourth consecutive year, Turkey recorded growth in purchases abroad of insulated electric conductors for a voltage over 1000 v, which increased by 107% to 6.8K tons in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of insulated electric conductors for a voltage over 1000 v soared to $86M in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 112%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Insulated Electric Conductors for A Voltage over 1000 V in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.30.30.522.0318.6%
South Korea0.1N/A10.820.6490.6%
China0.91.94.114.9154.9%
Germany2.15.714.29.163.0%
Switzerland0.20.91.14.2175.9%
United States3.02.11.33.44.3%
BelarusN/AN/AN/A2.20%
Italy1.23.03.11.712.3%
United Arab Emirates1.91.50.6N/A-43.8%
Others3.14.25.98.338.9%
Total12.819.641.786.388.9%

Top Suppliers of Insulated Electric Conductors for A Voltage over 1000 V to Turkey in 2022:

  1. France (1838.6 tons)
  2. South Korea (1717.5 tons)
  3. China (1282.0 tons)
  4. Germany (636.3 tons)
  5. Switzerland (375.2 tons)
  6. Belarus (193.7 tons)
  7. Italy (171.0 tons)
  8. United States (160.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v 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 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)

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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Free Data: Insulated electric conductors; for a voltage exceeding 1000 volts - Turkey