Turkey - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpades and Shovels Price in Turkey - 2023
Contents:
- Spades and Shovels Price in Turkey (FOB) - 2022
- Spades and Shovels Price in Turkey (CIF) - 2022
- Spades and Shovels Exports in Turkey
- Spades and Shovels Imports in Turkey
Spades and Shovels Price in Turkey (FOB) - 2022
In 2022, the average spades and shovels export price amounted to $2,417 per ton, with an increase of 9.5% against the previous year. In general, the export price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2015 an increase of 22% against the previous year. The export price peaked at $2,878 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($4,392 per ton), while the average price for exports to Azerbaijan ($1,513 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 Turkmenistan (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Spades and Shovels Price in Turkey (CIF) - 2022
The average spades and shovels import price stood at $6,834 per ton in 2022, growing by 33% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 55%. The import price peaked at $8,838 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14,531 per ton), while the price for Vietnam ($2,680 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Spades and Shovels Exports in Turkey
In 2022, shipments abroad of spades and shovels was finally on the rise to reach 495 tons after two years of decline. Overall, total exports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spades and shovels exports soared to $1.2M in 2022. Over the period under review, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spades and Shovels in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 259 | 136 | 109 | 529 | 26.9% |
| Saudi Arabia | 107 | 222 | N/A | 104 | -0.9% |
| Libya | 32.6 | 12.1 | 71.4 | 83.3 | 36.7% |
| Ukraine | 1.1 | 1.5 | 4.1 | 65.9 | 291.3% |
| Jordan | 7.5 | 0.1 | 14.6 | 39.1 | 73.4% |
| Azerbaijan | 35.0 | 14.2 | 42.2 | 30.1 | -4.9% |
| Romania | 16.6 | 14.1 | 20.5 | 28.7 | 20.0% |
| Bulgaria | 20.7 | 21.8 | 42.3 | 27.0 | 9.3% |
| Others | 249 | 247 | 240 | 290 | 5.2% |
| Total | 729 | 669 | 544 | 1,197 | 18.0% |
Top Export Markets for Spades and Shovels from Turkey in 2022:
- Morocco (257.3 tons)
- Saudi Arabia (45.4 tons)
- Libya (28.7 tons)
- Ukraine (21.8 tons)
- Azerbaijan (19.9 tons)
- Jordan (15.6 tons)
- Romania (13.6 tons)
- Bulgaria (13.5 tons)
Spades and Shovels Imports in Turkey
In 2022, after three years of growth, there was significant decline in supplies from abroad of spades and shovels, when their volume decreased by -25.8% to 48 tons. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 113%.
In value terms, spades and shovels imports shrank to $325K in 2022. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 125%.
| Import of Spades and Shovels in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.8 | 92.9 | 199 | 155 | 57.3% |
| Taiwan (Chinese) | 13.1 | 24.7 | 31.5 | 57.0 | 63.3% |
| Poland | 21.0 | 47.8 | 46.9 | 52.1 | 35.4% |
| Germany | 2.8 | 7.4 | 11.7 | 23.1 | 102.1% |
| Italy | 14.0 | 87.6 | 14.5 | 10.5 | -9.1% |
| Vietnam | 1.2 | 0.2 | 7.3 | 9.3 | 97.9% |
| Others | 32.9 | 19.7 | 18.5 | 17.8 | -18.5% |
| Total | 125 | 280 | 330 | 325 | 37.5% |
Top Suppliers of Spades and Shovels to Turkey in 2022:
- China (26.5 tons)
- Poland (7.7 tons)
- Taiwan (Chinese) (4.7 tons)
- Vietnam (3.5 tons)
- Italy (1.8 tons)
- Germany (1.6 tons)
This report provides an in-depth analysis of the spades and shovels 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 25731010 - Spades and shovels
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
- 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
-
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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