Turkey - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Turkey: Way-Type Unit Head Market 2022
Way-Type Unit Head Market Size in Turkey
The Turkish way-type unit head market shrank dramatically to $X in 2021, declining by -X% against the previous year. Overall, consumption, however, posted a significant expansion. As a result, consumption attained the peak level of $X, and then shrank notably in the following year.
Way-Type Unit Head Production in Turkey
In value terms, way-type unit head production dropped sharply to $X in 2021 estimated in export price. In general, production, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then reduced sharply in the following year.
Way-Type Unit Head Exports
Exports from Turkey
In 2021, the amount of way-type unit heads for working metal exported from Turkey surged to X tons, with an increase of X% compared with the previous year. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, way-type unit head exports reduced remarkably to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Iran (X tons) was the main destination for way-type unit head exports from Turkey, with a X% share of total exports. Moreover, way-type unit head exports to Iran exceeded the volume sent to the second major destination, Turkmenistan (X tons), threefold. Iraq (X tons) ranked third in terms of total exports with an X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Iran amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (X% per year) and Iraq (X% per year).
It was followed by Iraq, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Iran amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (X% per year) and Iraq (X% per year).
Export Prices by Country
The average way-type unit head export price stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the export price recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then reduced rapidly in the following year.
Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Turkmenistan ($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 Iraq (X%), while the prices for the other major destinations experienced mixed trend patterns.
Way-Type Unit Head Imports
Imports into Turkey
In 2021, supplies from abroad of way-type unit heads for working metal increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.
In value terms, way-type unit head imports shrank dramatically to $X in 2021. In general, imports, however, showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, Germany (X tons) constituted the largest way-type unit head supplier to Turkey, accounting for a X% share of total imports. Moreover, way-type unit head imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. India (X tons) ranked third in terms of total imports with less than X% share.
From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and India (+X% per year).
In value terms, Germany ($X) constituted the largest supplier of way-type unit head to Turkey, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with an X% share of total imports. It was followed by India, with less than X% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and India (-X% per year).
Import Prices by Country
The average way-type unit head import price stood at $X per ton in 2021, which is down by -X% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per ton), while the price for France ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-X%), while the prices for the other major suppliers experienced a decline.
| Base Year | Historical Period | Forecast Period | Units |
|---|---|---|---|
| 2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the way-type unit head 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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