Turkey - Tower Cranes And Portal Or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tower and Portal Cranes in Turkey - 2024
Contents:
- Price for Tower and Portal Cranes in Turkey (FOB) - 2022
- Price for Tower and Portal Cranes in Turkey (CIF) - 2024
- Exports of Tower and Portal Cranes in Turkey
- Imports of Tower and Portal Cranes in Turkey
Price for Tower and Portal Cranes in Turkey (FOB) - 2022
In 2022, the average tower and portal cranes export price amounted to $103,134 per unit, picking up by 5.4% against the previous year. Overall, the export price enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 107%. Over the period under review, the average export prices reached the maximum at $110,305 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($139,511 per unit), while the average price for exports to Greece ($37,014 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 Ukraine (+145.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tower and Portal Cranes in Turkey (CIF) - 2024
The average tower and portal cranes import price stood at $117K per unit in January 2024, stabilizing at the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 0.2% against the previous month. Over the period under review, average import prices hit record highs at $129K per unit in January 2023; afterwards, it flattened through to January 2024.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Spain ($117K per unit), while the price for China totaled $117K per unit.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Tower and Portal Cranes in Turkey
In 2022, the amount of tower cranes and portal or pedestal jib cranes exported from Turkey fell significantly to 85 units, with a decrease of -42.6% compared with the previous year. Over the period under review, exports recorded a dramatic downturn. The smallest decline of -8.1% was in 2020. Over the period under review, the exports hit record highs at 307 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, tower and portal cranes exports dropped sharply to $8.8M in 2022. In general, exports recorded a significant decline. The smallest decline of -12.1% was in 2021. Over the period under review, the exports attained the maximum at $21M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Tower and Portal Cranes in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 3.1 | 4.4 | 2.2 | 1.8 | -16.6% |
Georgia | 2.0 | 1.2 | 1.5 | 1.6 | -7.2% |
Algeria | 0.2 | N/A | 0.3 | 1.0 | 71.0% |
Iraq | 0.6 | 2.3 | 2.1 | 0.9 | 14.5% |
Uzbekistan | 2.7 | 4.0 | 1.9 | 0.9 | -30.7% |
Ukraine | 0.3 | 0.2 | 1.9 | 0.4 | 10.1% |
Nigeria | N/A | N/A | N/A | 0.4 | 0% |
Bulgaria | 0.2 | N/A | 0.2 | 0.4 | 26.0% |
Liberia | N/A | N/A | N/A | 0.3 | 0% |
Gibraltar | N/A | N/A | N/A | 0.3 | 0% |
Azerbaijan | 1.5 | 0.5 | 0.4 | 0.2 | -48.9% |
Greece | N/A | N/A | N/A | 0.1 | 0% |
Israel | 1.6 | 0.8 | N/A | N/A | -50.0% |
Others | 8.9 | 3.1 | 4.0 | 0.6 | -59.3% |
Total | 21.2 | 16.5 | 14.5 | 8.8 | -25.4% |
Top Export Markets for Tower and Portal Cranes from Turkey in 2022:
- Georgia (14.0 units)
- Russia (13.0 units)
- Algeria (8.0 units)
- Uzbekistan (7.0 units)
- Iraq (7.0 units)
- Nigeria (4.0 units)
- Ukraine (3.0 units)
- Liberia (3.0 units)
- Gibraltar (3.0 units)
- Bulgaria (3.0 units)
- Greece (2.0 units)
- Azerbaijan (2.0 units)
- Israel (1.0 units)
Imports of Tower and Portal Cranes in Turkey
In 2022, overseas purchases of tower cranes and portal or pedestal jib cranes decreased by -5.7% to 66 units, falling for the second year in a row after two years of growth. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 970%. As a result, imports attained the peak of 107 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, tower and portal cranes imports contracted significantly to $6.5M in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,485% against the previous year. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Tower and Portal Cranes in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | N/A | N/A | 2.5 | 0% |
Italy | 0.3 | N/A | 1.4 | 1.3 | 63.0% |
China | 0.5 | 5.2 | 1.3 | 1.3 | 37.5% |
Germany | N/A | 7.8 | 5.2 | 1.0 | -64.2% |
Spain | N/A | N/A | N/A | 0.3 | 0% |
Poland | N/A | N/A | N/A | 0.1 | 0% |
Norway | N/A | N/A | N/A | 0.1 | 0% |
United Kingdom | N/A | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.4 | N/A | N/A | 300.0% |
Total | 0.8 | 13.4 | 7.9 | 6.5 | 101.0% |
Top Suppliers of Tower and Portal Cranes to Turkey in 2022:
- France (24.0 units)
- Italy (12.0 units)
- China (12.0 units)
- Germany (9.0 units)
- Spain (3.0 units)
- Poland (2.0 units)
- Norway (2.0 units)
- United Kingdom (1.0 units)
This report provides an in-depth analysis of the market for tower and portal cranes 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 28221440 - Tower cranes and portal or pedestal jib cranes
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
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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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