Report Turkey - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Oct 18, 2022

Turkey - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Explosives Market 2022

Explosives Market Size in Turkey

In 2021, the Turkish explosives market decreased by -X% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Explosives consumption peaked at $X in 2020, and then contracted in the following year.

Explosives Production in Turkey

In value terms, explosives production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Explosives Exports

Exports from Turkey

In 2021, shipments abroad of prepared explosives increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports posted a perceptible increase. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, explosives exports soared to $X in 2021. Over the period under review, total exports indicated a mild expansion from 2012 to 2021: its value 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, exports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Georgia (X tons) was the main destination for explosives exports from Turkey, accounting for a X% share of total exports. Moreover, explosives exports to Georgia exceeded the volume sent to the second major destination, Azerbaijan (X tons), threefold. Liberia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+X% per year) and Liberia (+X% per year).

In value terms, Georgia ($X) remains the key foreign market for explosives exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Liberia ($X), with a X% share of total exports. It was followed by Albania, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Georgia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (+X% per year) and Albania (+X% per year).

Export Prices by Country

In 2021, the average explosives export price amounted to $X per ton, which is down by -X% against the previous year. Overall, the export price recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Azerbaijan ($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 Ethiopia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Explosives Imports

Imports into Turkey

In 2021, approx. X tons of prepared explosives were imported into Turkey; growing by X% against 2020. In general, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, explosives imports skyrocketed to $X in 2021. Overall, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Serbia (X tons) constituted the largest explosives supplier to Turkey, accounting for a X% share of total imports. Moreover, explosives imports from Serbia exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Serbia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and the United States (+X% per year).

In value terms, Serbia ($X) constituted the largest supplier of explosives to Turkey, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Serbia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and the United States (-X% per year).

Import Prices by Country

The average explosives import price stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the import price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

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

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 prepared explosives in the world?
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The countries with the highest volumes of consumption in 2021 were China, Norway and the United States, with a combined 40% share of global consumption.
What are the largest producers of prepared explosives in the world?
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The countries with the highest volumes of production in 2021 were China, Norway and the United States, together comprising 42% of global production. Russia, Pakistan, India, Sweden, Brazil, Turkey, Germany, Iran and Japan lagged somewhat behind, together accounting for a further 26%.
What are the leading suppliers of prepared explosives to Turkey?
+
In value terms, Serbia constituted the largest supplier of explosives to Turkey, comprising 59% of total imports. The second position in the ranking was taken by Poland, with a 23% share of total imports. It was followed by the United States, with a 12% share.
What are the leading importers of prepared explosives from Turkey?
+
In value terms, Georgia remains the key foreign market for explosives exports from Turkey, comprising 35% of total exports. The second position in the ranking was held by Liberia, with a 15% share of total exports. It was followed by Albania, with a 12% share.
What is the average export price for prepared explosives in Turkey?
+
In 2021, the average explosives export price amounted to $1,019 per ton, which is down by -22.5% against the previous year.
What is the average import price for prepared explosives in Turkey?
+
In 2021, the average explosives import price amounted to $9,415 per ton, with a decrease of -45% against the previous year.

This report provides an in-depth analysis of the explosives 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 20511150 - Prepared explosives (excluding propellant powders)
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

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

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

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

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

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 2007-2022
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, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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