Rafts; Inflatable Price in Turkey - 2023

Contents:

1. Rafts; Inflatable Price in Turkey (CIF) - 2023
2. Rafts; Inflatable Price in Turkey (FOB) - 2022
3. Rafts; Inflatable Imports in Turkey
4. Rafts; Inflatable Exports in Turkey

Rafts; Inflatable Price in Turkey (CIF) - 2023

In September 2023, the average rafts; inflatable import price amounted to $2,255 per unit, picking up by 19% against the previous month. Over the period under review, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 386% month-to-month. As a result, import price attained the peak level of $6,521 per unit; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9,971 per unit), while the price for China ($982 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Price in Turkey (FOB) - 2022

In 2022, the average rafts; inflatable export price amounted to $1,448 per unit, which is down by -34.1% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2017 an increase of 69% against the previous year. Over the period under review, the average export prices hit record highs at $2,563 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($4,431 per unit), while the average price for exports to Spain ($550 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 Oman (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Rafts; Inflatable Imports in Turkey

In 2022, approx. 1.8K units of rafts; inflatables were imported into Turkey; increasing by 4.4% compared with 2021. Over the period under review, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year. As a result, imports attained the peak of 2.7K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, rafts; inflatable imports fell remarkably to $3.8M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of $4.7M, and then declined sharply in the following year.

Top Suppliers of Rafts; Inflatable to Turkey in 2022:

1. China (854.0 units)
2. United States (334.0 units)
3. Italy (201.0 units)
4. Thailand (134.0 units)
5. France (81.0 units)
6. United Kingdom (71.0 units)
7. Denmark (32.0 units)
8. Bulgaria (15.0 units)

Rafts; Inflatable Exports in Turkey

In 2022, approx. 740 units of rafts; inflatables were exported from Turkey; with an increase of 81% on the previous year. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rafts; inflatable exports soared to $1.1M in 2022. Overall, exports saw a pronounced expansion. The pace of growth appeared the most rapid in 2021 with an increase of 90% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Rafts; Inflatable from Turkey in 2022:

1. United Arab Emirates (123.0 units)
2. Germany (121.0 units)
3. Spain (68.0 units)
4. Comoros (53.0 units)
5. Azerbaijan (51.0 units)
6. Liberia (37.0 units)
7. France (37.0 units)
8. United States (34.0 units)
9. United Kingdom (32.0 units)
10. Panama (25.0 units)
11. Oman (23.0 units)
12. Vanuatu (22.0 units)
13. India (12.0 units)

Source: IndexBox Market Intelligence Platform