Turkey - Wheeled Loaders, Crawler Shovel Loaders, Front-End Loaders - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheeled Loader Price in Turkey - 2023
Contents:
- Wheeled Loader Price in Turkey (CIF) - 2023
- Wheeled Loader Price in Turkey (FOB) - 2022
- Wheeled Loader Imports in Turkey
- 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) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.3 | 34.2 | 73.3 | 88.7 | 98.7% |
Sweden | 12.0 | 15.2 | 36.3 | 39.7 | 49.0% |
Japan | 8.6 | 20.4 | 28.7 | 38.3 | 64.5% |
Finland | 0.7 | 1.9 | 1.4 | 8.3 | 128.0% |
Italy | 0.5 | 1.9 | 6.7 | 6.9 | 139.9% |
United States | 2.0 | 4.5 | 5.7 | 5.7 | 41.8% |
South Korea | N/A | 0.9 | 3.1 | 5.1 | 138.0% |
Austria | 2.4 | 5.9 | 3.5 | 4.8 | 26.0% |
India | 0.1 | 0.3 | 1.9 | 3.2 | 217.5% |
Germany | 3.0 | 1.7 | 0.3 | 1.9 | -14.1% |
Czech Republic | 0.2 | 0.1 | N/A | 0.9 | 65.1% |
Others | 1.2 | 4.3 | 5.0 | 5.5 | 66.1% |
Total | 42.0 | 91.2 | 166 | 209 | 70.7% |
Top Suppliers of Wheeled Loader to Turkey in 2022:
- China (599.0 units)
- Japan (242.0 units)
- Sweden (178.0 units)
- United States (132.0 units)
- Italy (60.0 units)
- India (48.0 units)
- Finland (46.0 units)
- South Korea (41.0 units)
- Austria (31.0 units)
- Germany (27.0 units)
- 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) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 0.2 | 0.2 | N/A | 13.3 | 305.1% |
Poland | 0.8 | 2.1 | 6.6 | 3.3 | 60.4% |
Romania | 1.0 | 0.3 | 0.9 | 2.2 | 30.1% |
Azerbaijan | 1.2 | 0.9 | 4.4 | 2.0 | 18.6% |
Iran | 0.2 | 0.2 | 0.3 | 1.4 | 91.3% |
Hungary | 0.1 | N/A | N/A | 0.8 | 100.0% |
Iraq | 5.4 | 1.4 | 0.6 | 0.8 | -47.1% |
Cyprus | 0.1 | N/A | 0.2 | 0.7 | 91.3% |
Georgia | 1.8 | 0.6 | 0.8 | 0.4 | -39.4% |
United Arab Emirates | 0.8 | 0.7 | 0.1 | 0.4 | -20.6% |
Germany | 0.9 | 0.5 | 0.2 | 0.4 | -23.7% |
Egypt | 1.5 | 0.5 | 0.3 | 0.3 | -41.5% |
France | 0.9 | 0.8 | 0.5 | 0.3 | -30.7% |
Others | 25.0 | 16.2 | 13.5 | 8.4 | -30.5% |
Total | 39.8 | 24.4 | 28.3 | 34.5 | -4.7% |
Top Export Markets for Wheeled Loader from Turkey in 2022:
- Russia (163.0 units)
- Poland (73.0 units)
- Iran (47.0 units)
- Hungary (47.0 units)
- Azerbaijan (34.0 units)
- Egypt (30.0 units)
- Georgia (25.0 units)
- Iraq (24.0 units)
- Romania (20.0 units)
- Cyprus (20.0 units)
- United Arab Emirates (10.0 units)
- France (10.0 units)
- Germany (10.0 units)
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:
- 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
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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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