Turkey - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPublic Works Machinery Price in Turkey - 2023
Contents:
- Public Works Machinery Price in Turkey (FOB) - 2022
- Public Works Machinery Price in Turkey (CIF) - 2022
- Public Works Machinery Exports in Turkey
- Public Works Machinery Imports in Turkey
Public Works Machinery Price in Turkey (FOB) - 2022
In 2022, the average public works machinery export price amounted to $6,178 per unit, reducing by -7.6% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2017 an increase of 503%. As a result, the export price reached the peak level of $29,576 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($15,432 per unit) and Kazakhstan ($14,301 per unit), while the average price for exports to the Netherlands ($11,818 per unit) and Uzbekistan ($12,622 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-5.0%), while the prices for the other major destinations experienced a decline.
Public Works Machinery Price in Turkey (CIF) - 2022
The average public works machinery import price stood at $14,098 per unit in 2022, standing approx. at the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, public works machinery import price decreased by -28.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 79% against the previous year. As a result, import price attained the peak level of $19,591 per unit. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($7,252 per unit), while the price for Italy ($6,718 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.2%), while the prices for the other major suppliers experienced a decline.
Public Works Machinery Exports in Turkey
In 2022, exports of machinery for public works and building from Turkey dropped to 5.1K units, shrinking by -7.5% against 2021 figures. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 355%. As a result, the exports reached the peak of 5.5K units, and then reduced in the following year.
In value terms, public works machinery exports fell to $32M in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. The exports peaked at $41M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Public Works Machinery in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 3.4 | 2.1 | 3.3 | 4.4 | 9.0% |
| Russia | 1.1 | 1.0 | 1.8 | 3.1 | 41.3% |
| Georgia | 1.1 | 0.7 | 1.5 | 2.6 | 33.2% |
| France | 2.6 | 1.2 | 2.1 | 1.8 | -11.5% |
| Kazakhstan | 0.7 | 0.1 | 0.8 | 1.8 | 37.0% |
| Israel | 0.9 | 1.0 | 1.7 | 1.4 | 15.9% |
| United Kingdom | 0.2 | 0.5 | 0.4 | 1.4 | 91.3% |
| United States | 1.7 | 1.9 | 1.2 | 1.3 | -8.6% |
| Germany | 3.2 | 1.6 | 1.3 | 0.9 | -34.5% |
| Italy | 0.8 | 0.2 | N/A | 0.7 | -4.4% |
| Azerbaijan | 2.9 | 1.1 | 3.3 | 0.7 | -37.7% |
| Uzbekistan | 1.6 | 1.0 | 2.2 | 0.6 | -27.9% |
| Netherlands | 0.7 | 2.2 | 1.3 | 0.6 | -5.0% |
| Others | 20.2 | 16.9 | 16.2 | 10.3 | -20.1% |
| Total | 41.1 | 31.5 | 37.0 | 31.6 | -8.4% |
Top Export Markets for Public Works Machinery from Turkey in 2022:
- Iraq (343.0 units)
- Russia (243.0 units)
- Georgia (195.0 units)
- France (136.0 units)
- Kazakhstan (127.0 units)
- United Kingdom (109.0 units)
- Israel (106.0 units)
- United States (98.0 units)
- Germany (74.0 units)
- Netherlands (53.0 units)
- Azerbaijan (52.0 units)
- Uzbekistan (50.0 units)
- Italy (48.0 units)
Public Works Machinery Imports in Turkey
In 2022, purchases abroad of machinery for public works and building decreased by -33.1% to 1.7K units, falling for the second year in a row after two years of growth. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. As a result, imports reached the peak of 2.7K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, public works machinery imports plummeted to $23M in 2022. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 8.1% against the previous year. As a result, imports attained the peak of $36M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Public Works Machinery in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.9 | 32.3 | 31.2 | 20.4 | 8.7% |
| Italy | 7.7 | 0.5 | 0.3 | 0.9 | -51.1% |
| United States | 6.2 | 2.3 | 1.4 | 0.7 | -51.7% |
| South Korea | 2.5 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 0.7 | 1.4 | 1.3 | 13.0% |
| Total | 33.2 | 35.9 | 34.3 | 23.3 | -11.1% |
Top Suppliers of Public Works Machinery to Turkey in 2022:
- Germany (2.8K units)
- United States (0.1K units)
- Italy (0.1K units)
This report provides an in-depth analysis of the public works machinery market 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 28923090 - Machinery for public works, building..., having individual functions
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
-
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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