Turkey - Transmission Shafts And Cranks, Bearing Housings And Plain Shaft Bearings, Gears And Gearing And Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Turkey - Transmission Shafts And Cranks, Bearing Housings And Plain Shaft Bearings, Gears And Gearing And Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights

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Transmission Shaft Price in Turkey - 2023

Contents:

  1. Transmission Shaft Price in Turkey (CIF) - 2023
  2. Transmission Shaft Price in Turkey (FOB) - 2023
  3. Transmission Shaft Imports in Turkey
  4. Transmission Shaft Exports in Turkey

Transmission Shaft Price in Turkey (CIF) - 2023

The average transmission shaft import price stood at $11,086 per ton in September 2023, dropping by -10.3% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 13% month-to-month. The import price peaked at $13,970 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($18,055 per ton), while the price for China ($4,635 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Transmission Shaft Price in Turkey (FOB) - 2023

The average transmission shaft export price stood at $8,385 per ton in September 2023, waning by -5.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in December 2022 an increase of 12% against the previous month. The export price peaked at $8,907 per ton in August 2023, and then fell in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($25,224 per ton), while the average price for exports to Romania ($5,128 per ton) 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 Russia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Shaft Imports in Turkey

Transmission shaft imports into Turkey rose sharply to 85K tons in 2022, with an increase of 14% against 2021. The total import volume increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some 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, transmission shaft imports soared to $996M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Transmission Shaft in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16618620826216.4%
China80.010614419133.7%
Italy83.187.510712514.6%
India23.025.736.648.027.8%
Japan30.829.831.830.6-0.2%
United Kingdom15.115.918.829.525.0%
France28.924.523.023.7-6.4%
Slovakia9.814.216.723.333.5%
Spain28.719.315.922.4-7.9%
South Korea12.416.119.420.317.9%
Czech Republic25.327.516.716.5-13.3%
Sweden7.57.28.812.317.9%
Others13415116419112.5%
Total64471081199615.6%

Top Suppliers of Transmission Shaft to Turkey in 2022:

  1. China (35.0K tons)
  2. Germany (14.1K tons)
  3. Italy (8.3K tons)
  4. India (6.9K tons)
  5. United Kingdom (3.0K tons)
  6. Spain (2.3K tons)
  7. South Korea (1.6K tons)
  8. Slovakia (1.5K tons)
  9. Sweden (1.3K tons)
  10. Czech Republic (1.0K tons)
  11. Japan (1.0K tons)
  12. France (1.0K tons)

Transmission Shaft Exports in Turkey

In 2022, the amount of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain exported from Turkey declined to 98K tons, dropping by -3.5% against 2021 figures. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 102K tons, and then declined slightly in the following year.

In value terms, transmission shaft exports rose markedly to $693M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +44.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Transmission Shaft in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany85.574.210311410.1%
France63.244.258.468.12.5%
Poland48.862.072.367.611.5%
Italy29.329.139.046.216.4%
Russia11.712.316.843.054.3%
United States24.728.839.430.97.8%
Belgium15.215.423.025.719.1%
Spain25.116.918.725.20.1%
United Kingdom19.513.819.021.63.5%
Romania13.814.220.119.812.8%
Iran11.712.515.618.115.7%
Austria11.38.810.711.2-0.3%
Tunisia2.33.65.25.533.7%
Others13614418319613.0%
Total49848062469311.6%

Top Export Markets for Transmission Shaft from Turkey in 2022:

  1. Germany (18.7K tons)
  2. Italy (9.5K tons)
  3. Poland (9.1K tons)
  4. France (7.4K tons)
  5. Russia (5.1K tons)
  6. Romania (4.6K tons)
  7. Spain (4.3K tons)
  8. Tunisia (2.9K tons)
  9. United Kingdom (2.6K tons)
  10. United States (2.5K tons)
  11. Iran (2.3K tons)
  12. Austria (2.3K tons)
  13. Belgium (2.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the transmission shaft 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 28152130 - Iron or steel roller chain of a kind used for cycles and motor cycles
  • Prodcom 28152150 - Iron or steel roller chain (excluding of a kind used for cycles or motor-cycles)
  • Prodcom 28152170 - Iron or steel articulated link chain (excluding roller chain)
  • Prodcom 28152230 - Cranks and crankshafts
  • Prodcom 28152250 - Cardan shafts
  • Prodcom 28152270 - Other shafts
  • Prodcom 28152330 - Bearing housings incorporating ball or roller bearings
  • Prodcom 28152350 - Bearing housings not incorporating ball or roller bearings, p lain shaft bearings
  • Prodcom 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
  • Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
  • Prodcom 28152434 - Gear boxes ..., worm gear boxes
  • Prodcom 28152440 - Other gear boxes
  • Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
  • Prodcom 28152473 - Ball or roller screws
  • Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
  • Prodcom 28152500 - Flywheels and pulleys (including pulley blocks)
  • Prodcom 28152600 - Clutches and shaft couplings (including universal joints)
  • Prodcom 28153930 - Parts of bearing housings
  • Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints

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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In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...

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In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...

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