Turkey - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Turkey - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights

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Steam Turbine Price in Turkey - 2023

Contents:

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

Steam Turbine Price in Turkey (CIF) - 2022

In 2022, the average steam turbine import price amounted to $1,009,985 per unit, reducing by -14.6% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2019 when the average import price increased by 220%. The import price peaked at $4,287,680 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,283,328 per unit), while the price for Poland ($129,655 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Steam Turbine Price in Turkey (FOB) - 2022

In 2022, the average steam turbine export price amounted to $190,546 per unit, falling by -65% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 4,971%. As a result, the export price attained the peak level of $544,726 per unit, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($4,833,932 per unit), while the average price for exports to the United States ($53 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 Uzbekistan (+437.0%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Turbine Imports in Turkey

In 2022, purchases abroad of steam turbines and other vapor turbines decreased by -52.1% to 90 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 66%. As a result, imports attained the peak of 188 units, and then shrank notably in the following year.

In value terms, steam turbine imports reduced notably to $91M in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 275% against the previous year. Over the period under review, imports reached the maximum at $222M in 2021, and then shrank remarkably in the following year.

Import of Steam Turbine in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A29.445.855.8%
China1.875.115312.691.3%
UkraineN/AN/AN/A8.00%
Germany2.011.116.06.548.1%
Czech RepublicN/A2.76.86.049.1%
India6.615.54.45.3-7.1%
Poland15.313.63.81.2-57.2%
Italy3.62.30.30.2-61.8%
Israel2.3N/AN/AN/A0%
Others0.60.58.85.5109.3%
Total32.212122290.941.3%

Top Suppliers of Steam Turbine to Turkey in 2022:

  1. India (25.0 units)
  2. Ukraine (18.0 units)
  3. Czech Republic (11.0 units)
  4. Poland (9.0 units)
  5. France (9.0 units)
  6. Germany (6.0 units)
  7. China (2.0 units)
  8. Italy (1.0 units)

Steam Turbine Exports in Turkey

In 2022, the amount of steam turbines and other vapor turbines exported from Turkey surged to 44 units, rising by 175% on the previous year's figure. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, steam turbine exports dropped modestly to $8.4M in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 11,490%. As a result, the exports attained the peak of $8.7M, and then shrank modestly in the following year.

Export of Steam Turbine in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
UzbekistanN/AN/A8.14.8-40.7%
IranN/AN/AN/A3.30%
IndiaN/AN/AN/A0.20%
Cote d'IvoireN/AN/AN/AN/A0%
Belgium0.2N/AN/AN/A0%
MoroccoN/AN/AN/AN/A0%
GreeceN/AN/AN/AN/A0%
NetherlandsN/AN/A0.1N/A0%
United StatesN/AN/A0.4N/A0%
OthersN/A0.10.2N/A100.0%
Total0.20.18.78.4247.6%

Top Export Markets for Steam Turbine from Turkey in 2022:

  1. Iran (35.0 units)
  2. India (2.0 units)
  3. United States (1.0 units)
  4. Netherlands (1.0 units)
  5. Greece (1.0 units)
  6. Uzbekistan (1.0 units)
  7. Morocco (1.0 units)
  8. Cote d'Ivoire (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steam turbine 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 28112130 -
  • Prodcom 28112150 -

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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