
Turkey - Fireworks - Market Analysis, Forecast, Size, Trends and Insights
Turkey: Fireworks Market 2022
Fireworks Market Size in Turkey
In 2021, the Turkish fireworks market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Fireworks Production in Turkey
In value terms, fireworks production rose sharply to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.
Fireworks Exports
Exports from Turkey
In 2021, overseas shipments of fireworks increased by X% to X tons, rising for the seventh consecutive year after two years of decline. In general, exports, however, saw a slight decrease. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, fireworks exports skyrocketed to $X in 2021. Over the period under review, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Israel (X tons) was the main destination for fireworks exports from Turkey, with a X% share of total exports. Moreover, fireworks exports to Israel exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Israel was relatively modest.
From 2012 to 2021, the average annual rate of growth in terms of value to Israel was relatively modest.
Export Prices by Country
In 2021, the average fireworks export price amounted to $X per ton, rising by X% against the previous year. In general, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while the average price for exports to Poland amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (X%).
Fireworks Imports
Imports into Turkey
In 2021, overseas purchases of fireworks decreased by -X% to X tons, falling for the sixth year in a row after four years of growth. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.
In value terms, fireworks imports declined remarkably to $X in 2021. Over the period under review, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X tons) was the main supplier of fireworks to Turkey, accounting for a approx. X% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China stood at -X%.
In value terms, China ($X) constituted the largest supplier of fireworks to Turkey.
From 2012 to 2021, the average annual growth rate of value from China totaled -X%.
Import Prices by Country
The average fireworks import price stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the import price faced a deep reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to -X% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fireworks 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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