Turkey - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRadiator Price in Turkey - 2023
Contents:
- Radiator Price in Turkey (FOB) - 2022
- Radiator Price in Turkey (CIF) - 2023
- Radiator Exports in Turkey
- Radiator Imports in Turkey
Radiator Price in Turkey (FOB) - 2022
The average radiator export price stood at $1,749 per ton in 2021, jumping by 29% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($2,806 per ton), while the average price for exports to China ($1,279 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Radiator Price in Turkey (CIF) - 2023
In July 2023, the average radiator import price amounted to $4,828 per ton, leveling off at the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 84% month-to-month. As a result, import price reached the peak level of $8,263 per ton. From March 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Romania ($19,267 per ton), while the price for Poland ($1,682 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Iran (+104.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Radiator Exports in Turkey
In 2022, the amount of radiators for central heating (not electrically heated) exported from Turkey contracted rapidly to 273K tons, which is down by -27% against the previous year's figure. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of 374K tons, and then contracted dramatically in the following year.
In value terms, radiator exports fell to $567M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.3% 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 +31.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, the exports attained the peak of $654M, and then shrank in the following year.
Export of Radiator in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United Kingdom | 130 | 122 | 207 | 26.2% | |
Romania | 45.2 | 44.9 | 65.1 | 20.0% | |
China | 51.0 | 28.0 | 40.1 | -11.3% | |
Netherlands | 16.6 | 17.2 | 33.6 | 42.3% | |
Poland | 19.1 | 20.0 | 33.5 | 32.4% | |
Germany | 27.6 | 28.0 | 31.5 | 6.8% | |
Hungary | 16.8 | 14.3 | 22.7 | 16.2% | |
Serbia | 11.2 | 12.8 | 21.5 | 38.6% | |
Italy | 13.3 | 15.0 | 20.2 | 23.2% | |
France | 9.2 | 9.1 | 15.3 | 29.0% | |
Greece | 8.7 | 8.3 | 14.7 | 30.0% | |
Ukraine | 10.1 | 9.4 | 12.9 | 13.0% | |
Russia | 16.7 | 15.5 | 11.7 | -16.3% | |
Others | 84.0 | 86.8 | 125 | 22.0% | |
Total | 459 | 432 | 654 | 19.4% |
Top Export Markets for Radiator from Turkey in 2022:
- United Kingdom (114.3K tons)
- Romania (44.9K tons)
- China (31.3K tons)
- Poland (19.4K tons)
- Netherlands (17.9K tons)
- Hungary (14.9K tons)
- Serbia (14.5K tons)
- Germany (12.9K tons)
- Greece (8.9K tons)
- France (7.6K tons)
- Ukraine (7.5K tons)
- Italy (7.2K tons)
- Russia (5.6K tons)
Radiator Imports in Turkey
In 2022, after two years of decline, there was significant growth in purchases abroad of radiators for central heating (not electrically heated), when their volume increased by 14% to 1.4K tons. In general, imports, however, saw a deep contraction.
In value terms, radiator imports reached $5.8M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Radiator in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Germany | 610 | 2,415 | 2,677 | 109.5% | |
Italy | 365 | 1,053 | 1,270 | 86.5% | |
Czech Republic | 337 | 310 | 564 | 29.4% | |
China | 539 | 299 | 281 | -27.8% | |
United Kingdom | 134 | 30.8 | 141 | 2.6% | |
Iran | 142 | 23.2 | 60.0 | -35.0% | |
Egypt | 348 | 569 | N/A | 63.5% | |
Others | 2,549 | 988 | 369 | -62.0% | |
Total | 5,024 | 5,688 | 5,363 | 3.3% |
Top Suppliers of Radiator to Turkey in 2022:
- Germany (581.7 tons)
- Italy (348.6 tons)
- Iran (141.2 tons)
- Czech Republic (100.1 tons)
- United Kingdom (51.1 tons)
- China (44.7 tons)
This report provides an in-depth analysis of the market for non-electric central heating radiator 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel
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
This report provides an in-depth analysis of the market for non-electric central heating radiator in Turkey.
This report provides an in-depth analysis of the non-electric air heater market in Turkey.
This report provides an in-depth analysis of the global market for non-electric central heating radiator.
This report provides an in-depth analysis of the global non-electric air heater market.
This report provides an in-depth analysis of the market for non-electric central heating radiator in Turkey.
This report provides an in-depth analysis of the non-electric air heater market in Turkey.
This report provides an in-depth analysis of the global market for non-electric central heating radiator.
This report provides an in-depth analysis of the global non-electric air heater market.
In July 2023, the Radiator price remained steady at $2,024 per ton (FOB, Turkey) compared to the previous month.
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
In July 2023, the Radiator price remained steady at $2,024 per ton (FOB, Turkey) compared to the previous month.
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...