Turkey: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2024

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in Turkey

In 2022, the Turkish market for electric burglar or fire alarms and similar apparatus increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a significant expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports from Turkey

In 2022, shipments abroad of electric burglar or fire alarms and similar apparatus decreased by X% to X units, falling for the second consecutive year after seven years of growth. Overall, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric burglar or fire alarm exports surged to $X in 2022. In general, total exports indicated buoyant growth from 2012 to 2022: its value 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, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Iraq (X units), Kazakhstan (X units) and Romania (X units) were the main destinations of electric burglar or fire alarm exports from Turkey, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Iraq ($X) and Azerbaijan ($X) constituted the largest markets for electric burglar or fire alarm exported from Turkey worldwide, with a combined X% share of total exports. Georgia, Kazakhstan, Turkmenistan, Iran, Romania, Serbia, North Macedonia, Bulgaria, Ukraine and Greece lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Serbia, with a CAGR of X%, saw 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 electric burglar or fire alarms and similar apparatus amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($X per unit), while the average price for exports to Ukraine ($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 Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports into Turkey

In 2022, supplies from abroad of electric burglar or fire alarms and similar apparatus increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, electric burglar or fire alarm imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest electric burglar or fire alarm supplier to Turkey, with a X% share of total imports. Moreover, electric burglar or fire alarm imports from China exceeded the figures recorded by the second-largest supplier, Romania (X units), twofold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (X% per year) and the United States (X% per year).

In value terms, China ($X), the United States ($X) and Romania ($X) appeared to be the largest electric burglar or fire alarm suppliers to Turkey, together comprising X% of total imports.

In terms of the main suppliers, the United States, with a CAGR of X%, saw the highest growth rate of 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 electric burglar or fire alarms and similar apparatus amounted to $X per unit, dropping by X% against the previous year. In general, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 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 the UK ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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