Turkey - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeasuring Instrument Price in Turkey - 2023
Contents:
- Measuring Instrument Price in Turkey (CIF) - 2022
- Measuring Instrument Price in Turkey (FOB) - 2022
- Measuring Instrument Imports in Turkey
- Measuring Instrument Exports in Turkey
Measuring Instrument Price in Turkey (CIF) - 2022
The average measuring instrument import price stood at $21 per unit in 2021, jumping by 19% against the previous year. Overall, the import price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2014 an increase of 47% against the previous year. The import price peaked at $55 per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($59 per unit), while the price for China ($8.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Measuring Instrument Price in Turkey (FOB) - 2022
In 2021, the average measuring instrument export price amounted to $15 per unit, with a decrease of -24.2% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 26%. The export price peaked at $39 per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Iran ($23 per unit), while the average price for exports to the United Arab Emirates ($3.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Measuring Instrument Imports in Turkey
In 2022, the amount of instruments and apparatus for measuring or checking the flow or level of liquids imported into Turkey amounted to 3.8M units, surging by 4.1% compared with 2021 figures. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, measuring instrument imports stood at $83M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Measuring Instrument in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 16.5 | 11.8 | 16.8 | 0.9% | |
| China | 5.0 | 5.6 | 9.9 | 40.7% | |
| France | 4.8 | 4.6 | 7.0 | 20.8% | |
| United Kingdom | 5.6 | 2.8 | 5.5 | -0.9% | |
| Italy | 4.3 | 4.0 | 5.2 | 10.0% | |
| India | 0.2 | 0.4 | 1.5 | 173.9% | |
| Poland | 0.6 | 0.5 | 0.7 | 8.0% | |
| Japan | 1.2 | 0.6 | 0.7 | -23.6% | |
| Spain | 0.3 | 0.2 | 0.4 | 15.5% | |
| Others | 26.5 | 30.6 | 28.3 | 3.3% | |
| Total | 64.9 | 61.0 | 76.0 | 8.2% | |
Top Suppliers of Measuring Instrument to Turkey in 2022:
- China (1225.5K units)
- Italy (595.8K units)
- Germany (283.8K units)
- United Kingdom (153.7K units)
- France (122.7K units)
- India (81.8K units)
- Poland (72.2K units)
- Japan (58.8K units)
- Spain (46.9K units)
Measuring Instrument Exports in Turkey
After three years of growth, shipments abroad of instruments and apparatus for measuring or checking the flow or level of liquids decreased by -98% to 23K units in 2022. In general, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of 1.1M units, and then contracted remarkably in the following year.
In value terms, measuring instrument exports soared to $24M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Measuring Instrument in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 1,362 | 740 | 985 | -15.0% | |
| Iran | 517 | 853 | 900 | 31.9% | |
| United Arab Emirates | 64.6 | 51.6 | 880 | 269.1% | |
| France | 186 | 246 | 814 | 109.2% | |
| Russia | 205 | 472 | 617 | 73.5% | |
| United Kingdom | 189 | 220 | 546 | 70.0% | |
| Italy | 285 | 201 | 448 | 25.4% | |
| Kazakhstan | 400 | 210 | 420 | 2.5% | |
| Egypt | 224 | 260 | 403 | 34.1% | |
| Ukraine | 92.5 | 696 | 385 | 104.0% | |
| Spain | 191 | 262 | 383 | 41.6% | |
| Poland | 291 | 403 | 338 | 7.8% | |
| Algeria | 247 | 284 | 311 | 12.2% | |
| Others | 8,801 | 12,345 | 9,689 | 4.9% | |
| Total | 13,054 | 17,245 | 17,120 | 14.5% | |
Top Export Markets for Measuring Instrument from Turkey in 2022:
- United Arab Emirates (281.3K units)
- Spain (92.6K units)
- Russia (58.8K units)
- Germany (55.0K units)
- United Kingdom (46.4K units)
- France (39.4K units)
- Iran (38.7K units)
- Egypt (38.0K units)
- Italy (27.2K units)
- Ukraine (23.4K units)
- Poland (21.5K units)
- Kazakhstan (19.1K units)
- Algeria (16.3K units)
This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
- Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
- Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
- Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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