Turkey - Wheeled Loaders, Crawler Shovel Loaders, Front-End Loaders - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Wheeled Loaders, Crawler Shovel Loaders, Front-End Loaders - Market Analysis, Forecast, Size, Trends And Insights

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Wheeled Loader Price in Turkey - 2023

Contents:

  1. Wheeled Loader Price in Turkey (CIF) - 2023
  2. Wheeled Loader Price in Turkey (FOB) - 2022
  3. Wheeled Loader Imports in Turkey
  4. Wheeled Loader Exports in Turkey

Wheeled Loader Price in Turkey (CIF) - 2023

The average wheeled loader import price stood at $138K per unit in September 2023, reducing by -2.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 55% month-to-month. The import price peaked at $187K per unit in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Sweden ($211K per unit), while the price for the Czech Republic ($31,196 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 Japan (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Wheeled Loader Price in Turkey (FOB) - 2022

In 2022, the average wheeled loader export price amounted to $57,049 per unit, reducing by -8.6% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 64%. The export price peaked at $108,572 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($108,552 per unit), while the average price for exports to Egypt ($11,293 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 Poland (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports in Turkey

For the fourth year in a row, Turkey recorded growth in supplies from abroad of wheeled loaders, crawler shovel loaders, front-end loaders, which increased by 34% to 1.5K units in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 123% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, wheeled loader imports soared to $209M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 117% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Wheeled Loader in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.334.273.388.798.7%
Sweden12.015.236.339.749.0%
Japan8.620.428.738.364.5%
Finland0.71.91.48.3128.0%
Italy0.51.96.76.9139.9%
United States2.04.55.75.741.8%
South KoreaN/A0.93.15.1138.0%
Austria2.45.93.54.826.0%
India0.10.31.93.2217.5%
Germany3.01.70.31.9-14.1%
Czech Republic0.20.1N/A0.965.1%
Others1.24.35.05.566.1%
Total42.091.216620970.7%

Top Suppliers of Wheeled Loader to Turkey in 2022:

  1. China (599.0 units)
  2. Japan (242.0 units)
  3. Sweden (178.0 units)
  4. United States (132.0 units)
  5. Italy (60.0 units)
  6. India (48.0 units)
  7. Finland (46.0 units)
  8. South Korea (41.0 units)
  9. Austria (31.0 units)
  10. Germany (27.0 units)
  11. Czech Republic (25.0 units)

Wheeled Loader Exports in Turkey

In 2022, shipments abroad of wheeled loaders, crawler shovel loaders, front-end loaders was finally on the rise to reach 605 units after two years of decline. Overall, exports, however, saw a sharp reduction. The exports peaked at 1.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wheeled loader exports soared to $35M in 2022. In general, exports, however, saw a noticeable setback. The exports peaked at $40M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Wheeled Loader in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.20.2N/A13.3305.1%
Poland0.82.16.63.360.4%
Romania1.00.30.92.230.1%
Azerbaijan1.20.94.42.018.6%
Iran0.20.20.31.491.3%
Hungary0.1N/AN/A0.8100.0%
Iraq5.41.40.60.8-47.1%
Cyprus0.1N/A0.20.791.3%
Georgia1.80.60.80.4-39.4%
United Arab Emirates0.80.70.10.4-20.6%
Germany0.90.50.20.4-23.7%
Egypt1.50.50.30.3-41.5%
France0.90.80.50.3-30.7%
Others25.016.213.58.4-30.5%
Total39.824.428.334.5-4.7%

Top Export Markets for Wheeled Loader from Turkey in 2022:

  1. Russia (163.0 units)
  2. Poland (73.0 units)
  3. Iran (47.0 units)
  4. Hungary (47.0 units)
  5. Azerbaijan (34.0 units)
  6. Egypt (30.0 units)
  7. Georgia (25.0 units)
  8. Iraq (24.0 units)
  9. Romania (20.0 units)
  10. Cyprus (20.0 units)
  11. United Arab Emirates (10.0 units)
  12. France (10.0 units)
  13. Germany (10.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wheeled loader 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 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders

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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