Latest Report Update: May 13, 2021

Turkey - Base Metal Padlocks - Market Analysis, Forecast, Size, Trends And Insights
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Turkey: Base Metal Padlock Market Overview 2021

Base Metal Padlock Market Size in Turkey

After three years of decline, the Turkish base metal padlock market increased by X% to $X in 2020. In general, the total consumption indicated a modest expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Base Metal Padlock Production in Turkey

In value terms, base metal padlock production dropped slightly to $X in 2020 estimated in export prices. Overall, production recorded a pronounced contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2020, production growth remained at a somewhat lower figure.

Base Metal Padlock Exports

Exports from Turkey

In 2020, base metal padlock exports from Turkey fell markedly to X units, with a decrease of -X% compared with 2019. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2019 when exports increased by X% year-to-year. Exports peaked at X units in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, base metal padlock exports dropped rapidly to $X in 2020. Over the period under review, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2011 to 2020, the growth exports remained at a lower figure.

Exports by Country

Bulgaria (X units) was the main destination for base metal padlock exports from Turkey, with a X% share of total exports. Moreover, base metal padlock exports to Bulgaria exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. Bahrain (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Bulgaria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Bahrain (+X% per year).

In value terms, Saudi Arabia ($X), Bahrain ($X) and Bulgaria ($X) were the largest markets for base metal padlock exported from Turkey worldwide, with a combined X% share of total exports.

Among the main countries of destination, Bahrain saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average base metal padlock export price stood at $X per unit in 2020, shrinking by -X% against the previous year. In general, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. As a result, export price reached the peak level of $X per unit. From 2011 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Serbia ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Serbia, while the prices for the other major destinations experienced a decline.

Base Metal Padlock Imports

Imports into Turkey

In 2020, after three years of decline, there was significant growth in overseas purchases of base metal padlocks, when their volume increased by X% to X units. In general, imports, however, recorded a perceptible decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, base metal padlock imports surged to $X in 2020. Over the period under review, total imports indicated slight growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) was the main base metal padlock supplier to Turkey, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to -X%.

In value terms, China ($X) constituted the largest supplier of base metal padlock to Turkey.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%.

Import Prices by Country

The average base metal padlock import price stood at $X per unit in 2020, growing by X% against the previous year. Over the period under review, import price indicated a measured expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, base metal padlock import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. The import price peaked in 2020 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal padlocks in the world?
+
The country with the largest volume of base metal padlock consumption was China (60M units), comprising approx. 21% of total volume. Moreover, base metal padlock consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (28M units), twofold. The third position in this ranking was occupied by India (23M units), with a 8% share.
What are the largest producers of base metal padlocks in the world?
+
China (213M units) constituted the country with the largest volume of base metal padlock production, comprising approx. 73% of total volume. Moreover, base metal padlock production in China exceeded the figures recorded by the second-largest producer, India (23M units), ninefold. The third position in this ranking was occupied by the U.S. (13M units), with a 4.3% share.
What are the leading suppliers of base metal padlocks to Turkey?
+
In value terms, China ($7M) constituted the largest supplier of base metal padlock to Turkey.
What are the leading importers of base metal padlocks from Turkey?
+
In value terms, Saudi Arabia ($10K), Bahrain ($9.7K) and Bulgaria ($8.7K) were the largest markets for base metal padlock exported from Turkey worldwide, together comprising 26% of total exports.
What is the average export price for base metal padlocks in Turkey?
+
In 2020, the average base metal padlock export price amounted to $4.1 per unit, reducing by -4.3% against the previous year.
What is the average import price for base metal padlocks in Turkey?
+
The average base metal padlock import price stood at $4.2 per unit in 2020, with an increase of 4.5% against the previous year.

Product coverage:
• Prodcom 25721130 - Base metal padlocks

This report provides an in-depth analysis of the base metal padlock 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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