Turkey: Prefabricated Buildings Market 2024

Prefabricated Buildings Market Size in Turkey

The Turkish prefabricated buildings market dropped sharply to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, posted a prominent expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Prefabricated Buildings Production in Turkey

In value terms, prefabricated buildings production declined rapidly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Prefabricated buildings production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Prefabricated Buildings Exports

Exports from Turkey

In 2022, the amount of prefabricated buildings exported from Turkey totaled X tons, increasing by X% on the year before. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, prefabricated buildings exports rose remarkably to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Turkmenistan (X tons), Qatar (X tons) and Germany (X tons) were the main destinations of prefabricated buildings exports from Turkey, with a combined X% share of total exports. Bulgaria, Iraq, the Netherlands, France, the UK, Tanzania, Russia, the Czech Republic, Israel and Romania lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for prefabricated buildings exported from Turkey were Qatar ($X), Turkmenistan ($X) and Germany ($X), together accounting for X% of total exports. The Netherlands, France, the UK, Iraq, Russia, Israel, Bulgaria, Romania, the Czech Republic and Tanzania lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 prefabricated buildings export price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Prefabricated Buildings Imports

Imports into Turkey

In 2022, the amount of prefabricated buildings imported into Turkey surged to X tons, increasing by X% on the year before. In general, imports saw a modest increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, prefabricated buildings imports shrank sharply to $X in 2022. Overall, imports, however, showed a perceptible descent. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of prefabricated buildings to Turkey, with a X% share of total imports. Moreover, prefabricated buildings imports from Russia exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Sweden (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest prefabricated buildings suppliers to Turkey were Sweden ($X), the United States ($X) and Russia ($X), together accounting for X% of total imports.

Among the main suppliers, Sweden, with a CAGR of X%, saw 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

The average prefabricated buildings import price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average 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 Sweden ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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