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Store → Basic Metals → Basic Iron And Steel → Granules and Powders of Pig Iron
Report Turkey - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Turkey - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Pig Iron Articles Market 2023

Pig Iron Articles Market Size in Turkey

In 2021, after three years of growth, there was significant decline in the Turkish pig iron articles market, when its value decreased by -44.4% to $X. Over the period under review, consumption continues to indicate a perceptible reduction. Pig iron articles consumption peaked at $X in 2020, and then dropped markedly in the following year.

Pig Iron Articles Production in Turkey

In value terms, pig iron articles production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 8.7% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then fell modestly in the following year.

Pig Iron Articles Exports

Exports from Turkey

In 2021, pig iron articles exports from Turkey soared to X tons, increasing by 127% against 2020 figures. Overall, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pig iron articles exports soared to $X in 2021. In general, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for pig iron articles exports from Turkey, accounting for a 42% share of total exports. Moreover, pig iron articles exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), threefold. Mexico (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+196.7% per year) and Mexico (+59.2% per year).

In value terms, Germany ($X) remains the key foreign market for granules and powders of pig iron exports from Turkey, comprising 45% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by Mexico, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+178.0% per year) and Mexico (+56.4% per year).

Export Prices by Country

The average pig iron articles export price stood at $X per ton in 2021, rising by 25% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Georgia ($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 Georgia (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Pig Iron Articles Imports

Imports into Turkey

In 2021, approx. X tons of granules and powders of pig iron were imported into Turkey; picking up by 42% compared with the year before. In general, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.4% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pig iron articles imports soared to $X in 2021. Overall, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of pig iron articles to Turkey, accounting for a 23% share of total imports. Moreover, pig iron articles imports from Sweden exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.2% per year) and Germany (+17.5% per year).

In value terms, Sweden ($X), Germany ($X) and China ($X) were the largest pig iron articles suppliers to Turkey, with a combined 48% share of total imports. Romania, Egypt, Bosnia and Herzegovina, France, India, Italy, Canada, Ukraine, Spain and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 39%.

Bosnia and Herzegovina, with a CAGR of +31.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pig iron articles import price amounted to $X per ton, with an increase of 8.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 17%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for granules and powders of pig iron in the world?
+
China remains the largest pig iron articles consuming country worldwide, accounting for 22% of total volume. Moreover, pig iron articles consumption in China exceeded the figures recorded by the second-largest consumer, Russia, twofold. The United States ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of granules and powders of pig iron in the world?
+
China constituted the country with the largest volume of pig iron articles production, comprising approx. 22% of total volume. Moreover, pig iron articles production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was taken by Russia, with a 9.3% share.
What are the leading suppliers of granules and powders of pig iron to Turkey?
+
In value terms, Sweden, Germany and China constituted the largest pig iron articles suppliers to Turkey, with a combined 48% share of total imports. These countries were followed by Romania, Egypt, Bosnia and Herzegovina, France, India, Italy, Canada, Ukraine, Spain and Taiwan Chinese), which together accounted for a further 39%.
What are the leading importers of granules and powders of pig iron from Turkey?
+
In value terms, Germany remains the key foreign market for granules and powders of pig iron exports from Turkey, comprising 45% of total exports. The second position in the ranking was held by the United States, with a 15% share of total exports. It was followed by Mexico, with a 9.4% share.
What is the average export price for granules and powders of pig iron in Turkey?
+
In 2021, the average pig iron articles export price amounted to $789 per ton, increasing by 25% against the previous year.
What is the average import price for granules and powders of pig iron in Turkey?
+
The average pig iron articles import price stood at $1,650 per ton in 2021, surging by 8.2% against the previous year.

This report provides an in-depth analysis of the pig iron articles 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.


Product coverage:
• Prodcom 24101410 - Granules and powders, of pig iron, spiegeleisen, iron or steel
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
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 PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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