Turkey - Tractors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTractor Price in Turkey - 2023
Contents:
- Tractor Price in Turkey (FOB) - 2023
- Tractor Price in Turkey (CIF) - 2023
- Tractor Exports in Turkey
- Tractor Imports in Turkey
Tractor Price in Turkey (FOB) - 2023
The average tractor export price stood at $30,179 per unit in September 2023, increasing by 4.2% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +3.6%. The pace of growth was the most pronounced in November 2022 an increase of 16% against the previous month. The export price peaked in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($33,333 per unit), while the average price for exports to Iraq ($18,646 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tractor Price in Turkey (CIF) - 2023
The average tractor import price stood at $29,545 per unit in September 2023, with an increase of 76% against the previous month. Overall, import price indicated moderate growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, tractor import price decreased by -9.5% against July 2023 indices. The import price peaked at $42,490 per unit in March 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($150K per unit), while the price for China ($4,095 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 Poland (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Tractor Exports in Turkey
In 2022, exports of tractors from Turkey amounted to 41K units, with an increase of 3.1% compared with 2021 figures. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, tractor exports fell to $1.4B in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 51%. As a result, the exports reached the peak of $1.6B, and then contracted in the following year.
| Export of Tractor in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 200 | 148 | 229 | 240 | 6.3% |
| Italy | 196 | 204 | 237 | 219 | 3.8% |
| Germany | 320 | 145 | 216 | 189 | -16.1% |
| Poland | 120 | 69.9 | 192 | 163 | 10.7% |
| Spain | 101 | 98.6 | 113 | 95.2 | -2.0% |
| France | 121 | 86.4 | 99.9 | 85.2 | -11.0% |
| Portugal | 8.7 | 25.7 | 37.9 | 38.5 | 64.2% |
| Australia | 4.9 | 10.5 | 13.0 | 19.4 | 58.2% |
| Serbia | 15.5 | 10.1 | 15.4 | 19.4 | 7.8% |
| Sudan | 6.3 | 21.8 | 15.8 | 17.9 | 41.6% |
| South Africa | 8.3 | 9.8 | 13.7 | 17.4 | 28.0% |
| Iraq | 42.7 | 14.3 | 5.2 | 10.5 | -37.4% |
| Ukraine | 6.4 | 8.3 | 10.7 | 8.1 | 8.2% |
| Others | 204 | 181 | 359 | 296 | 13.2% |
| Total | 1,355 | 1,034 | 1,557 | 1,419 | 1.6% |
Top Export Markets for Tractor from Turkey in 2022:
- United States (8.9K units)
- Italy (6.5K units)
- Poland (2.7K units)
- Germany (2.7K units)
- Sudan (2.5K units)
- Spain (1.5K units)
- France (1.3K units)
- Ukraine (0.9K units)
- Australia (0.9K units)
- Portugal (0.9K units)
- South Africa (0.9K units)
- Serbia (0.8K units)
- Iraq (0.7K units)
Tractor Imports in Turkey
Tractor imports into Turkey expanded significantly to 22K units in 2022, increasing by 8.2% compared with 2021 figures. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, tractor imports shrank to $860M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 184% against the previous year. Over the period under review, imports attained the peak figure at $1B in 2021, and then reduced in the following year.
| Import of Tractor in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 56.4 | 141 | 291 | 248 | 63.8% |
| Netherlands | 24.8 | 121 | 199 | 155 | 84.2% |
| Italy | 8.3 | 36.3 | 90.6 | 81.8 | 114.4% |
| Poland | 13.2 | 54.5 | 92.9 | 70.5 | 74.8% |
| India | 14.8 | 14.4 | 25.0 | 48.4 | 48.4% |
| Japan | 12.6 | 12.0 | 16.7 | 23.4 | 22.9% |
| China | 1.9 | 1.8 | 12.7 | 11.4 | 81.7% |
| Others | 55.4 | 152 | 272 | 222 | 58.8% |
| Total | 187 | 533 | 1,001 | 860 | 66.3% |
Top Suppliers of Tractor to Turkey in 2022:
- India (5.2K units)
- China (4.0K units)
- France (3.6K units)
- Italy (2.2K units)
- Japan (2.0K units)
- Netherlands (1.7K units)
- Poland (1.1K units)
This report provides an in-depth analysis of the tractor 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 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
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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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
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Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
690
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1358
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
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Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
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Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
