Report Update: Apr 1, 2024

Turkey - Self-Propelled Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Self-Propelled Boring Machinery Price in Turkey - 2023

Self-Propelled Boring Machinery Price in Turkey (CIF) - 2023

The average self-propelled boring machinery import price stood at $157K per unit in September 2023, with a decrease of -14.4% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 68% against the previous month. The import price peaked at $293K per unit in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($457K per unit), while the price for Austria ($76,651 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 Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Self-Propelled Boring Machinery Price in Turkey (FOB) - 2022

The average self-propelled boring machinery export price stood at $79,872 per unit in 2022, rising by 13% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 an increase of 28%. As a result, the export price attained the peak level of $115,236 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($92,195 per unit), while the average price for exports to the United Arab Emirates ($16,305 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 Turkmenistan (+76.2%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Boring Machinery Imports in Turkey

In 2022, after three years of growth, there was significant decline in supplies from abroad of self-propelled boring or sinking machinery, when their volume decreased by -14% to 233 units. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 201% against the previous year. As a result, imports attained the peak of 271 units, and then contracted in the following year.

In value terms, self-propelled boring machinery imports reached $72M in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 156% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Self-Propelled Boring Machinery in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	5.7	8.5	12.6	14.1	35.2%
China	1.4	N/A	6.3	13.8	114.4%
Finland	2.5	9.0	8.9	11.3	65.3%
Italy	3.2	0.1	0.5	8.7	39.6%
Japan	0.2	1.7	5.8	6.9	225.5%
India	N/A	N/A	1.2	5.1	325.0%
France	0.8	N/A	2.5	5.0	84.2%
Austria	N/A	1.5	12.6	1.4	-3.4%
Others	0.3	3.9	12.8	6.2	174.4%
Total	14.1	24.6	63.2	72.4	72.5%

Top Suppliers of Self-Propelled Boring Machinery to Turkey in 2022:

Sweden (45.0 units)
China (43.0 units)
Finland (36.0 units)
Italy (28.0 units)
Japan (22.0 units)
India (16.0 units)
France (16.0 units)
Austria (4.0 units)

Self-Propelled Boring Machinery Exports in Turkey

In 2022, shipments abroad of self-propelled boring or sinking machinery decreased by -13.4% to 537 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 130%. As a result, the exports reached the peak of 620 units, and then declined in the following year.

In value terms, self-propelled boring machinery exports fell modestly to $43M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 53%. As a result, the exports attained the peak of $44M, and then fell modestly in the following year.

Export of Self-Propelled Boring Machinery in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	1.0	2.2	16.6	10.2	116.9%
Turkmenistan	N/A	N/A	N/A	5.5	0%
Azerbaijan	0.8	2.2	3.7	5.2	86.6%
Uzbekistan	1.0	6.5	5.6	4.8	68.7%
Egypt	1.3	0.9	1.4	2.0	15.4%
Liberia	0.8	6.9	3.7	1.6	26.0%
Bosnia and Herzegovina	N/A	N/A	N/A	1.4	0%
Russia	4.1	2.1	0.7	1.2	-33.6%
United Arab Emirates	N/A	N/A	N/A	1.0	0%
Georgia	0.5	0.7	0.4	0.8	17.0%
Algeria	0.5	0.2	N/A	0.8	17.0%
Spain	N/A	N/A	0.2	0.8	300.0%
Others	10.5	6.9	11.4	7.4	-11.0%
Total	20.5	28.7	43.9	42.9	27.9%

Top Export Markets for Self-Propelled Boring Machinery from Turkey in 2022:

Iran (113.0 units)
United Arab Emirates (64.0 units)
Turkmenistan (61.0 units)
Azerbaijan (58.0 units)
Uzbekistan (53.0 units)
Egypt (23.0 units)
Liberia (17.0 units)
Bosnia and Herzegovina (15.0 units)
Russia (14.0 units)
Georgia (9.0 units)
Algeria (9.0 units)
Spain (9.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the self-propelled boring 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 28921253 - Self-propelled boring or sinking machinery

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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