Turkey: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2022

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Turkey

The Turkish market for domestic, non-electric, cooking or heating appliances fell significantly to $X in 2021, waning by -X% against the previous year. Over the period under review, consumption continues to indicate a abrupt setback. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in Turkey

In value terms, production of domestic, non-electric, cooking or heating appliances declined to $X in 2021 estimated in export price. Overall, the total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production of growth remained at a lower figure.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Turkey

In 2021, exports of domestic, non-electric, cooking or heating appliances from Turkey skyrocketed to X tons, rising by X% compared with 2020 figures. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2013 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of domestic, non-electric, cooking or heating appliances surged to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Algeria (X tons), the UK (X tons) and Romania (X tons) were the main destinations of exports of domestic, non-electric, cooking or heating appliances from Turkey, together comprising X% of total exports. France, Morocco, Iraq, Italy, the United Arab Emirates, Libya, Spain, Nigeria, Russia and Tunisia lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for domestic, non-electric, cooking or heating appliance exported from Turkey were the UK ($X), Algeria ($X) and Italy ($X), together comprising X% of total exports. France, Romania, Morocco, Iraq, the United Arab Emirates, Russia, Spain, Libya, Tunisia and Nigeria lagged somewhat behind, together comprising a further X United Arab Emirates, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, rising by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Turkey

Imports of domestic, non-electric, cooking or heating appliances into Turkey shrank significantly to X tons in 2021, which is down by -X% on 2020. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2021. In general, imports recorded a slight shrinkage. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of imports of domestic, non-electric, cooking or heating appliances to Turkey, together comprising X% of total imports. These countries were followed by Morocco and Saudi Arabia, which together accounted for a further X 2012 to 2021, the biggest increases were in Morocco (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Turkey, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2021, the average import price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for domestic, non-electric, cooking or heating appliances increased by +X% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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