Turkey: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Turkey

In 2022, the Turkish market for buckets, shovels, grabs and grips for ships derricks and cranes increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption continues to indicate resilient growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Turkey

In value terms, ship derrick buckets and shovels production dropped notably to $X in 2022 estimated in export price. Overall, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Ship derrick buckets and shovels production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports from Turkey

In 2022, shipments abroad of buckets, shovels, grabs and grips for ships derricks and cranes was finally on the rise to reach X units after two years of decline. Overall, exports, however, continue to indicate a mild slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, ship derrick buckets and shovels exports surged to $X in 2022. Over the period under review, exports, however, recorded a mild decrease. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), Belgium (X units) and Germany (X units) were the main destinations of ship derrick buckets and shovels exports from Turkey, with a combined X% share of total exports. Israel, the UK, the United States, France, Russia, Sweden, China, Greece, Iraq and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) were the largest markets for ship derrick buckets and shovels exported from Turkey worldwide, with a combined X% share of total exports. The United States, Russia, Israel, the UK, France, Sweden, China, Greece, Brazil and Iraq lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, France, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average export price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $X per unit, picking up by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Iraq ($X 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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports into Turkey

In 2022, supplies from abroad of buckets, shovels, grabs and grips for ships derricks and cranes increased by X% to X units, rising for the second consecutive year after four years of decline. In general, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, ship derrick buckets and shovels imports skyrocketed to $X in 2022. Overall, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and Russia (X units) were the main suppliers of ship derrick buckets and shovels imports to Turkey, with a combined X% share of total imports. The Czech Republic, Canada, Sweden, Italy, the UK, the United States and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Russia ($X) and Canada ($X) were the largest ship derrick buckets and shovels suppliers to Turkey, together accounting for X% of total imports.

In terms of the main suppliers, Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $X per unit, rising by X% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ship derrick buckets and shovels import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :