Report Update: May 1, 2024

Turkey - Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Electronic Liquid or Gas Measurer in Turkey - 2023

Price for Non-Electronic Liquid or Gas Measurer in Turkey (CIF) - 2023

The average import price for non-electronic instruments for measuring or checking variables of liquids or gases stood at $98.7 per unit in July 2023, picking up by 24% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Switzerland ($258 per unit), while the price for China ($33.2 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 Japan (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Electronic Liquid or Gas Measurer in Turkey (FOB) - 2022

In 2022, the average export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $20 per unit, declining by -3.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $33 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 Denmark ($36 per unit), while the average price for exports to Libya ($13 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 Uzbekistan (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Liquid or Gas Measurer in Turkey

In 2022, imports of non-electronic instruments for measuring or checking variables of liquids or gases into Turkey reached 525K units, picking up by 9.8% on the previous year's figure. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electronic liquid or gas measurer imports skyrocketed to $39M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Non-Electronic Liquid or Gas Measurer in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	9.9	8.9	11.1	14.8	14.3%
China	2.5	4.7	4.7	6.3	36.1%
Norway	0.2	0.2	0.1	4.5	182.3%
Switzerland	3.1	2.6	3.1	3.3	2.1%
United States	2.6	2.7	2.3	2.3	-4.0%
Japan	2.6	2.4	2.6	1.3	-20.6%
France	0.8	1.0	1.1	1.0	7.7%
United Kingdom	2.4	1.2	1.6	0.8	-30.7%
Italy	0.9	0.6	0.5	0.7	-8.0%
Romania	0.4	0.5	0.2	0.5	7.7%
Others	3.4	4.0	3.5	3.7	2.9%
Total	28.7	28.9	30.8	39.4	11.1%

Top Suppliers of Non-Electronic Liquid or Gas Measurer to Turkey in 2022:

China (172.3K units)
Germany (136.0K units)
Norway (69.3K units)
Switzerland (22.7K units)
Romania (19.4K units)
Japan (18.1K units)
Italy (11.9K units)
France (11.6K units)
United States (10.4K units)
United Kingdom (5.0K units)

Exports of Non-Electronic Liquid or Gas Measurer in Turkey

For the fourth consecutive year, Turkey recorded growth in shipments abroad of non-electronic instruments for measuring or checking variables of liquids or gases, which increased by 54% to 599K units in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 61%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, non-electronic liquid or gas measurer exports soared to $12M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Non-Electronic Liquid or Gas Measurer in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Libya	12.9	40.9	773	2,381	469.4%
Denmark	9.9	560	1,823	2,142	500.3%
Uzbekistan	53.2	115	1,756	1,028	168.3%
Bangladesh	10.3	10.4	2.9	823	330.7%
Russia	344	288	138	745	29.4%
Liberia	12.2	112	51.0	557	257.4%
Poland	1,170	86.5	114	525	-23.4%
United Kingdom	134	162	148	434	48.0%
Italy	28.4	285	147	412	143.9%
Iran	172	182	395	354	27.2%
Azerbaijan	255	453	360	302	5.8%
Iraq	160	289	161	269	18.9%
Others	3,068	2,717	2,125	1,894	-14.9%
Total	5,431	5,300	7,995	11,866	29.8%

Top Export Markets for Non-Electronic Liquid or Gas Measurer from Turkey in 2022:

Libya (181.1K units)
Denmark (59.0K units)
Bangladesh (45.6K units)
Liberia (40.8K units)
Uzbekistan (38.7K units)
Russia (35.9K units)
Italy (28.9K units)
United Kingdom (24.9K units)
Iraq (19.2K units)
Azerbaijan (13.4K units)
Iran (10.3K units)
Poland (8.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-electronic liquid or gas measurer 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 26515289 - Non-electronic instruments for measuring or checking variables of liquids or gases (including heat meters, excluding for measuring or checking pressure/flow/level of liquids)

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
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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
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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