Turkey - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in Turkey - 2023
Contents:
- Smoothing Iron Price in Turkey (CIF) - 2023
- Smoothing Iron Price in Turkey (FOB) - 2022
- Smoothing Iron Imports in Turkey
- Smoothing Iron Exports in Turkey
Smoothing Iron Price in Turkey (CIF) - 2023
The average smoothing iron import price stood at $38.4 per unit in July 2023, shrinking by -7.6% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 33% month-to-month. Over the period under review, average import prices hit record highs at $58.3 per unit in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($62.7 per unit), while the price for Malaysia ($11.0 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 Romania (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Smoothing Iron Price in Turkey (FOB) - 2022
In 2022, the average smoothing iron export price amounted to $39 per unit, rising by 13% against the previous year. Overall, the export price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of 26%. The export price peaked at $44 per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 Russia ($97 per unit), while the average price for exports to Romania ($9.8 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 Russia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Imports in Turkey
In 2022, the amount of electric smoothing irons imported into Turkey stood at 1.3M units, stabilizing at the previous year. In general, imports, however, continue to indicate a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 1.6% against the previous year. Imports peaked at 1.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, smoothing iron imports rose significantly to $54M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Smoothing Iron in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 4.9 | 13.0 | 22.1 | 28.0 | 78.8% |
| France | 16.0 | 11.4 | 12.8 | 9.7 | -15.4% |
| China | 7.9 | 6.5 | 9.1 | 8.5 | 2.5% |
| Indonesia | 5.1 | 5.3 | 4.0 | 6.2 | 6.7% |
| Egypt | 1.0 | 2.1 | 1.8 | 0.6 | -15.7% |
| Malaysia | 10.4 | 2.4 | 0.3 | 0.1 | -78.7% |
| Spain | 2.0 | 1.1 | 0.3 | N/A | -61.3% |
| Others | 0.4 | 0.7 | 0.9 | 1.2 | 44.2% |
| Total | 47.7 | 42.5 | 51.3 | 54.4 | 4.5% |
Top Suppliers of Smoothing Iron to Turkey in 2022:
- Romania (598.2K units)
- China (298.1K units)
- France (287.3K units)
- Indonesia (71.8K units)
- Egypt (43.6K units)
- Malaysia (3.0K units)
- Spain (0.4K units)
Smoothing Iron Exports in Turkey
In 2022, the amount of electric smoothing irons exported from Turkey rose sharply to 270K units, growing by 14% compared with the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.4% 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 +50.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, smoothing iron exports soared to $11M 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 +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Smoothing Iron in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 1,427 | 910 | 1,797 | 2,479 | 20.2% |
| United Arab Emirates | 0.4 | 1.0 | 78.0 | 1,121 | 1309.9% |
| Azerbaijan | 1,501 | 2,328 | 1,980 | 1,113 | -9.5% |
| Turkmenistan | 52.4 | 74.8 | 418 | 942 | 162.0% |
| Russia | 308 | 1,150 | 396 | 891 | 42.5% |
| Iraq | 340 | 236 | 410 | 506 | 14.2% |
| Kazakhstan | 153 | 174 | 84.4 | 466 | 45.0% |
| Israel | 162 | 93.8 | 221 | 298 | 22.5% |
| Tajikistan | 41.6 | 28.6 | 53.1 | 276 | 87.9% |
| Georgia | 221 | 156 | 127 | 261 | 5.7% |
| Romania | 236 | 215 | 237 | 224 | -1.7% |
| Serbia | 60.0 | 176 | 150 | 208 | 51.3% |
| Cyprus | 174 | 134 | 187 | 175 | 0.2% |
| Others | 2,332 | 1,637 | 2,027 | 1,550 | -12.7% |
| Total | 7,009 | 7,313 | 8,164 | 10,509 | 14.5% |
Top Export Markets for Smoothing Iron from Turkey in 2022:
- United Arab Emirates (47.2K units)
- Azerbaijan (27.7K units)
- Iran (26.0K units)
- Romania (22.9K units)
- Turkmenistan (20.2K units)
- Georgia (15.9K units)
- Iraq (13.7K units)
- Russia (9.2K units)
- Serbia (8.6K units)
- Kazakhstan (7.5K units)
- Israel (5.9K units)
- Cyprus (5.8K units)
- Tajikistan (5.7K units)
This report provides an in-depth analysis of the smoothing iron 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 27512370 - Electric smoothing irons
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
-
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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