Price for Vehicles; Mobile Drilling Derricks in Turkey - 2023

Contents:

1. Price for Vehicles; Mobile Drilling Derricks in Turkey (FOB) - 2022
2. Price for Vehicles; Mobile Drilling Derricks in Turkey (CIF) - 2022
3. Exports of Vehicles; Mobile Drilling Derricks in Turkey
4. Imports of Vehicles; Mobile Drilling Derricks in Turkey

Price for Vehicles; Mobile Drilling Derricks in Turkey (FOB) - 2022

In 2022, the average vehicles; mobile drilling derricks export price amounted to $147,236 per unit, with an increase of 121% against the previous year. Over the period under review, the export price showed a pronounced increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 156%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Togo ($306,200 per unit), while the average price for exports to Sudan ($17,008 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 Libya (+79.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vehicles; Mobile Drilling Derricks in Turkey (CIF) - 2022

The average vehicles; mobile drilling derricks import price stood at $44,916 per unit in 2022, remaining constant against the previous year. In general, the import price showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2015 when the average import price increased by 190% against the previous year. The import price peaked at $545,319 per unit in 2017; however, from 2018 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 ($147,920 per unit), while the price for Serbia ($374 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-6.6%), while the prices for the other major suppliers experienced a decline.

Exports of Vehicles; Mobile Drilling Derricks in Turkey

Vehicles; mobile drilling derricks exports from Turkey rose rapidly to 29 units in 2022, with an increase of 7.4% against 2021. In general, exports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The exports peaked at 30 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, vehicles; mobile drilling derricks exports soared to $4.3M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 229% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Vehicles; Mobile Drilling Derricks from Turkey in 2022:

1. Ethiopia (7.0 units)
2. Togo (5.0 units)
3. Iraq (5.0 units)
4. Somalia (4.0 units)
5. Libya (1.0 units)
6. Morocco (1.0 units)
7. Sudan (1.0 units)
8. United States (1.0 units)
9. Democratic Republic of the Congo (1.0 units)
10. Senegal (1.0 units)
11. Nigeria (1.0 units)
12. Tajikistan (1.0 units)

Imports of Vehicles; Mobile Drilling Derricks in Turkey

Vehicles; mobile drilling derricks imports into Turkey stood at 8 units in 2022, remaining relatively unchanged against 2021. In general, imports continue to indicate a noticeable expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, vehicles; mobile drilling derricks imports totaled $359K in 2022. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of $719K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Vehicles; Mobile Drilling Derricks to Turkey in 2022:

1. Georgia (1.0 units)
2. Italy (1.0 units)
3. Serbia (1.0 units)
4. France (1.0 units)
5. United States (1.0 units)
6. Germany (1.0 units)
7. China (1.0 units)
8. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform