Turkey - Ships’ Or Boats’ Propellers And Blades Therefor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShip Propeller Price in Turkey - 2023
Contents:
- Ship Propeller Price in Turkey (CIF) - 2023
- Ship Propeller Price in Turkey (FOB) - 2022
- Ship Propeller Imports in Turkey
- Ship Propeller Exports in Turkey
Ship Propeller Price in Turkey (CIF) - 2023
In July 2023, the average ship propeller import price amounted to $666 per unit, dropping by -20.7% against the previous month. Over the period under review, the import price, however, showed a mild increase. The pace of growth was the most pronounced in January 2023 when the average import price increased by 151% against the previous month. As a result, import price attained the peak level of $1,257 per unit. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($2,217 per unit), while the price for Germany ($440 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Ship Propeller Price in Turkey (FOB) - 2022
In 2022, the average ship propeller export price amounted to $31 per unit, picking up by 98% against the previous year. In general, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 115%. The export price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($137 per unit), while the average price for exports to the Netherlands ($1.9 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 Free Zones (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ship Propeller Imports in Turkey
Ship propeller imports into Turkey rose sharply to 2.3M units in 2022, picking up by 13% against 2021 figures. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ship propeller imports reduced slightly to $44M in 2022. Over the period under review, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2020 when imports increased by 3.5%. As a result, imports attained the peak of $47M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Ship Propeller in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 17.4 | 16.8 | 12.4 | 17.7 | 0.6% |
| Germany | 14.1 | 13.5 | 16.1 | 12.7 | -3.4% |
| Norway | 5.0 | 7.2 | 6.8 | 3.0 | -15.7% |
| Netherlands | 2.9 | 2.6 | 1.3 | 2.5 | -4.8% |
| China | 0.3 | 0.3 | 1.6 | 1.7 | 78.3% |
| United Kingdom | 0.5 | 1.0 | 0.9 | 1.5 | 44.2% |
| Denmark | 2.1 | 2.0 | 1.2 | 0.1 | -63.8% |
| Others | 3.3 | 3.8 | 4.9 | 4.9 | 14.1% |
| Total | 45.5 | 47.1 | 45.3 | 44.0 | -1.1% |
Top Suppliers of Ship Propeller to Turkey in 2022:
- Finland (1108.5K units)
- Germany (745.4K units)
- Netherlands (114.9K units)
- Norway (110.0K units)
- China (61.4K units)
- United Kingdom (38.7K units)
- Denmark (1.6K units)
Ship Propeller Exports in Turkey
After three years of growth, shipments abroad of ships or boats propellers and blades therefor decreased by -73.4% to 57K units in 2022. Overall, exports, however, saw a strong expansion. The growth pace was the most rapid in 2021 with an increase of 141%. As a result, the exports attained the peak of 216K units, and then shrank dramatically in the following year.
In value terms, ship propeller exports reduced notably to $1.8M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 332%. The exports peaked at $3.4M in 2021, and then reduced remarkably in the following year.
| Export of Ship Propeller in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malta | 4.4 | N/A | N/A | 388 | 345.1% |
| Norway | N/A | N/A | N/A | 342 | 0% |
| Denmark | 9.3 | N/A | 1.3 | 270 | 207.3% |
| Russia | 23.8 | N/A | 231 | 266 | 123.6% |
| Cyprus | 38.1 | 138 | 6.5 | 208 | 76.1% |
| France | 0.7 | 61.6 | N/A | 51.8 | 319.8% |
| Netherlands | 3.9 | 6.6 | 21.5 | 13.8 | 52.4% |
| Turkmenistan | N/A | 2,236 | 18.3 | 0.7 | -98.2% |
| Hong Kong SAR | N/A | N/A | 306 | N/A | 0% |
| Ireland | N/A | 12.0 | N/A | N/A | 0% |
| Germany | N/A | N/A | 1,466 | N/A | 0% |
| Bahamas | N/A | N/A | 336 | N/A | 0% |
| Ukraine | 68.7 | N/A | N/A | N/A | 0% |
| Others | 480 | 258 | 1,044 | 265 | -18.0% |
| Total | 628 | 2,712 | 3,430 | 1,804 | 42.2% |
Top Export Markets for Ship Propeller from Turkey in 2022:
- Turkmenistan (undefinedK units)
- Malta (18.3K units)
- Russia (8.0K units)
- Netherlands (7.2K units)
- Norway (6.6K units)
- France (4.5K units)
- Denmark (3.0K units)
- Cyprus (2.8K units)
This report provides an in-depth analysis of the ship propeller 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 25992600 - Shipsu2019 or boatsu2019 propellers and blades therefor
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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