Turkey - Sails - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Sails - Market Analysis, Forecast, Size, Trends And Insights

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Sails Price in Turkey - 2023

Contents:

  1. Sails Price in Turkey (FOB) - 2022
  2. Sails Price in Turkey (CIF) - 2022
  3. Sails Exports in Turkey
  4. Sails Imports in Turkey

Sails Price in Turkey (FOB) - 2022

The average sails export price stood at $70,551 per ton in 2022, picking up by 2.6% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sails export price increased by +27.3% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 51%. The export price peaked at $99,092 per ton 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($123,294 per ton), while the average price for exports to Canada ($49,134 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sails Price in Turkey (CIF) - 2022

In 2022, the average sails import price amounted to $177,332 per ton, with an increase of 3.1% against the previous year. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 174% against the previous year. The import price peaked at $230,460 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($247,326 per ton), while the price for Hong Kong SAR ($29,240 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sails Exports in Turkey

Sails exports from Turkey skyrocketed to 68 tons in 2022, increasing by 15% on the year before. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sails exports surged to $4.8M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +61.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Sails in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2,0461,8481,8981,904-2.4%
Sweden34635344162621.9%
Netherlands27527936636610.0%
Germany50.665.187.431984.7%
United States92.099.126828145.1%
United Kingdom11716.058.526631.5%
Croatia10290.413913810.6%
CanadaN/A1.456.554.8525.6%
Others64823176386410.1%
Total3,6782,9844,0784,8209.4%

Top Export Markets for Sails from Turkey in 2022:

  1. Denmark (34.7 tons)
  2. Sweden (8.2 tons)
  3. United States (3.7 tons)
  4. Germany (3.7 tons)
  5. Netherlands (3.6 tons)
  6. United Kingdom (2.2 tons)
  7. Croatia (1.8 tons)
  8. Canada (1.1 tons)

Sails Imports in Turkey

In 2022, the amount of sails imported into Turkey surged to 1.9 tons, growing by 101% against the previous year. Over the period under review, imports, however, recorded a abrupt contraction.

In value terms, sails imports soared to $341K in 2022. Overall, imports, however, recorded a abrupt contraction.

Import of Sails in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy19.618.4105217122.9%
Germany15.22.40.878.773.0%
Poland9.12.911.811.58.1%
China29.7N/A4.210.0-30.4%
France5.7N/AN/A7.28.1%
Hong Kong SAR1.70.61.33.729.6%
Sri Lanka16.69.3N/A3.4-41.1%
New Zealand292N/AN/A0.6-87.3%
United Kingdom90.6N/A18.60.5-82.3%
CroatiaN/A11.720.90.1-90.8%
Greece37.1N/AN/AN/A0%
Others37.440.82.17.8-40.7%
Total55586.2164341-15.0%

Top Suppliers of Sails to Turkey in 2022:

  1. Italy (878.0 kg)
  2. Germany (631.0 kg)
  3. Hong Kong SAR (125.0 kg)
  4. Poland (72.0 kg)
  5. China (67.0 kg)
  6. France (56.0 kg)
  7. Sri Lanka (43.0 kg)
  8. New Zealand (3.0 kg)
  9. United Kingdom (2.0 kg)
  10. Croatia (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sails 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 13922250 - Sails

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In March 2023, the sail price amounted to $77,419 per ton (FOB, Turkey), increasing by 21% against the previous month.

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Free Data: Sails - Turkey