Turkey - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends And Insights

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Wind Powered Generator Price in Turkey - 2023

Contents:

  1. Wind Powered Generator Price in Turkey (CIF) - 2022
  2. Wind Powered Generator Price in Turkey (FOB) - 2023
  3. Wind Powered Generator Imports in Turkey
  4. Wind Powered Generator Exports in Turkey

Wind Powered Generator Price in Turkey (CIF) - 2022

The average wind powered generator import price stood at $22,037 per unit in 2022, shrinking by -48.4% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 70% against the previous year. The import price peaked at $184,448 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($188,497 per unit), while the price for the United States ($1,432 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+11.2%), while the prices for the other major suppliers experienced a decline.

Wind Powered Generator Price in Turkey (FOB) - 2023

In July 2023, the average wind powered generator export price amounted to $887 per unit, increasing by 19% against the previous month. In general, the export price recorded a strong increase. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 1,274% against the previous month. As a result, the export price attained the peak level of $9,098 per unit. From March 2023 to July 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In July 2023, the country with the highest price was the UK ($888 per unit), while the average price for exports to Germany totaled $595 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wind Powered Generator Imports in Turkey

In 2022, overseas purchases of wind powered generating sets decreased by -57.7% to 4.9K units, falling for the second year in a row after two years of growth. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 841%. As a result, imports attained the peak of 20K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wind powered generator imports declined notably to $107M in 2022. In general, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 163% against the previous year. As a result, imports reached the peak of $692M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Wind Powered Generator in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15149641673.0-21.5%
ChinaN/A96.72.318.1-56.7%
India0.64.70.111.2165.3%
Denmark89.552.858.01.8-72.8%
NorwayN/A2.34.41.4-22.0%
Poland1.72.33.20.4-38.3%
United StatesN/AN/AN/A0.20%
PortugalN/AN/A2.9N/A0%
Others19.537.55.01.3-59.5%
Total263692492107-25.9%

Top Suppliers of Wind Powered Generator to Turkey in 2022:

  1. China (3551.0 units)
  2. Germany (753.0 units)
  3. India (257.0 units)
  4. United States (145.0 units)
  5. Norway (42.0 units)
  6. Poland (26.0 units)
  7. Denmark (11.0 units)

Wind Powered Generator Exports in Turkey

In 2022, the amount of wind powered generating sets exported from Turkey soared to 2.9K units, with an increase of 169% on the previous year. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,874% 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.

In value terms, wind powered generator exports rose modestly to $1.4M in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 3,327% against the previous year. As a result, the exports attained the peak of $4.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Wind Powered Generator in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/A3.92115310.3%
United Kingdom3.9N/A70.0158243.5%
United StatesN/AN/A10315146.6%
NetherlandsN/A29441.4132-33.0%
ItalyN/A67728.264.4-69.2%
LebanonN/AN/A1.860.63266.7%
DenmarkN/A41.411.357.618.0%
NorwayN/AN/A8.450.0495.2%
CanadaN/AN/A42.147.713.3%
SwedenN/AN/A6.338.3507.9%
South AfricaN/AN/A36.337.01.9%
FinlandN/AN/A9.631.7230.2%
PortugalN/AN/A24.229.722.7%
Others1183,18295231238.3%
Total1224,1951,3391,382124.6%

Top Export Markets for Wind Powered Generator from Turkey in 2022:

  1. Lebanon (730.0 units)
  2. Ukraine (401.0 units)
  3. United Kingdom (295.0 units)
  4. United States (261.0 units)
  5. Netherlands (250.0 units)
  6. Italy (122.0 units)
  7. Denmark (110.0 units)
  8. Canada (97.0 units)
  9. Norway (94.0 units)
  10. South Africa (77.0 units)
  11. Sweden (74.0 units)
  12. Finland (60.0 units)
  13. Portugal (59.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wind powered generator 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 28112400 - Generating sets, wind-powered

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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Free Data: Wind Powered Generating Sets - Turkey