Turkey - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Lift, Elevator, Stairway and Dragline in Turkey - 2023

Contents:

  1. Price for Lift, Elevator, Stairway and Dragline in Turkey (FOB) - 2023
  2. Price for Lift, Elevator, Stairway and Dragline in Turkey (CIF) - 2023
  3. Exports of Lift, Elevator, Stairway and Dragline in Turkey
  4. Imports of Lift, Elevator, Stairway and Dragline in Turkey

Price for Lift, Elevator, Stairway and Dragline in Turkey (FOB) - 2023

In July 2023, the average export price for lifts, elevators, moving stairways and draglines amounted to $17,144 per unit, with an increase of 38% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 54% month-to-month. The export price peaked at $17,416 per unit in December 2022; afterwards, it flattened through to July 2023.

Average prices varied noticeably for the major external markets. In July 2023, the highest price was recorded for prices to Ukraine ($17,226 per unit) and the United Arab Emirates ($17,226 per unit), while the average price for exports to Morocco ($16,310 per unit) and Kazakhstan ($16,925 per unit) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Lift, Elevator, Stairway and Dragline in Turkey (CIF) - 2023

In July 2023, the average import price for lifts, elevators, moving stairways and draglines amounted to $19,414 per unit, reducing by -21.4% against the previous month. In general, the import price showed a mild slump. The pace of growth was the most pronounced in December 2022 an increase of 50% m-o-m. The import price peaked at $40,299 per unit in March 2023; afterwards, it flattened through to July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($26,181 per unit), while the price for India ($7,833 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Lift, Elevator, Stairway and Dragline in Turkey

Lift, elevator, stairway and dragline exports from Turkey surged to 13K units in 2022, jumping by 29% against the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.6% 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 +62.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lift, elevator, stairway and dragline exports soared to $216M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +61.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lift, Elevator, Stairway and Dragline in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia9.314.019.552.277.7%
Algeria16.724.014.324.012.8%
Iraq7.57.08.99.06.3%
Israel8.48.78.48.81.6%
Ukraine8.813.117.98.6-0.8%
Uzbekistan4.24.15.37.621.9%
Georgia6.85.56.67.53.3%
United Arab Emirates3.42.64.06.524.1%
Kazakhstan2.53.15.45.933.1%
Serbia2.72.85.35.224.4%
Libya3.32.63.54.813.3%
Turkmenistan3.33.51.24.510.9%
Tunisia1.91.92.33.826.0%
Others55.150.761.667.97.2%
Total13414416421617.3%

Top Export Markets for Lift, Elevator, Stairway and Dragline from Turkey in 2022:

  1. Russia (3035.0 units)
  2. Algeria (1390.0 units)
  3. Iraq (525.0 units)
  4. Israel (510.0 units)
  5. Ukraine (502.0 units)
  6. Uzbekistan (438.0 units)
  7. Georgia (435.0 units)
  8. United Arab Emirates (375.0 units)
  9. Kazakhstan (346.0 units)
  10. Serbia (303.0 units)
  11. Turkmenistan (282.0 units)
  12. Libya (278.0 units)
  13. Tunisia (221.0 units)

Imports of Lift, Elevator, Stairway and Dragline in Turkey

Lift, elevator, stairway and dragline imports into Turkey declined markedly to 5.3K units in 2022, shrinking by -27.8% compared with 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of 7.3K units, and then dropped notably in the following year.

In value terms, lift, elevator, stairway and dragline imports reduced notably to $125M in 2022. In general, imports showed a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $162M, and then reduced rapidly in the following year.

Import of Lift, Elevator, Stairway and Dragline in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China80.677.612372.3-3.6%
Slovakia4.32.81.510.233.4%
Germany12.19.58.710.1-5.8%
Italy6.84.71.79.311.0%
Finland0.60.37.15.3106.7%
Spain1.61.71.13.529.8%
JapanN/A0.5N/A2.7132.4%
Others27.020.119.311.4-25.0%
Total133117162125-2.0%

Top Suppliers of Lift, Elevator, Stairway and Dragline to Turkey in 2022:

  1. China (3159.0 units)
  2. Slovakia (536.0 units)
  3. Germany (378.0 units)
  4. Finland (280.0 units)
  5. Italy (229.0 units)
  6. Spain (179.0 units)
  7. Japan (137.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
  • Prodcom 28221670 - Escalators and moving walkways
  • Prodcom 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

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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