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Turkey - Agricultural Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAgricultural Appliance Price in Turkey - 2023
Contents:
- Agricultural Appliance Price in Turkey (FOB) - 2023
- Agricultural Appliance Price in Turkey (CIF) - 2023
- Agricultural Appliance Exports in Turkey
- Agricultural Appliance Imports in Turkey
Agricultural Appliance Price in Turkey (FOB) - 2023
The average agricultural appliance export price stood at $3.6 per unit in July 2023, declining by -1.9% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 42% against the previous month. Over the period under review, the average export prices hit record highs at $4.3 per unit in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($7.6 per unit), while the average price for exports to Iraq ($2.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Agricultural Appliance Price in Turkey (CIF) - 2023
The average agricultural appliance import price stood at $8.0 per unit in July 2023, shrinking by -4.6% against the previous month. Over the period under review, the import price showed a noticeable shrinkage. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 31% month-to-month. As a result, import price reached the peak level of $11.2 per unit. From November 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Mexico ($24.8 per unit), while the price for the United Arab Emirates ($3.2 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Serbia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Agricultural Appliance Exports in Turkey
In 2022, shipments abroad of agricultural appliances decreased by -54.2% to 80M units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 249% against the previous year. As a result, the exports reached the peak of 175M units, and then shrank significantly in the following year.
In value terms, agricultural appliance exports shrank sharply to $169M in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 187% against the previous year. As a result, the exports attained the peak of $411M, and then shrank dramatically in the following year.
Export of Agricultural Appliance in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | 15.6 | 31.5 | 116 | 46.3 | 43.7% |
Egypt | 0.8 | 1.5 | 112 | 44.9 | 282.9% |
Russia | 6.3 | 18.2 | 47.5 | 19.0 | 44.5% |
Azerbaijan | 14.2 | 15.5 | 25.7 | 10.3 | -10.2% |
Ukraine | 3.3 | 14.4 | 21.2 | 8.5 | 37.1% |
Kazakhstan | 1.4 | 3.5 | 18.3 | 7.3 | 73.4% |
Iraq | 3.5 | 23.8 | 8.0 | 6.6 | 23.5% |
Turkmenistan | 4.4 | 4.4 | 9.6 | 3.8 | -4.8% |
Romania | 2.8 | 2.9 | 4.5 | 1.8 | -13.7% |
Others | 23.6 | 27.3 | 47.4 | 20.5 | -4.6% |
Total | 75.9 | 143 | 411 | 169 | 30.6% |
Top Export Markets for Agricultural Appliance from Turkey in 2022:
- Uzbekistan (22.8M units)
- Egypt (21.9M units)
- Russia (8.6M units)
- Azerbaijan (6.8M units)
- Iraq (4.1M units)
- Ukraine (3.5M units)
- Kazakhstan (3.0M units)
- Romania (1.5M units)
- Turkmenistan (1.0M units)
Agricultural Appliance Imports in Turkey
In 2022, supplies from abroad of agricultural appliances decreased by -27.7% to 4.3M units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, imports reached the peak of 5.9M units, and then fell rapidly in the following year.
In value terms, agricultural appliance imports shrank dramatically to $19M in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88%. As a result, imports reached the peak of $29M, and then contracted remarkably in the following year.
Import of Agricultural Appliance in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 2.2 | 3.1 | 6.5 | 4.3 | 25.0% |
Israel | 2.8 | 3.2 | 4.7 | 3.0 | 2.3% |
India | 0.5 | 1.9 | 3.8 | 2.5 | 71.0% |
United States | 1.9 | 1.2 | 3.3 | 2.2 | 5.0% |
China | 1.8 | 2.5 | 3.2 | 2.1 | 5.3% |
Spain | 0.7 | 0.7 | 1.4 | 0.9 | 8.7% |
United Arab Emirates | 0.1 | 1.6 | 0.4 | 0.7 | 91.3% |
Others | 1.6 | 1.2 | 5.6 | 3.7 | 32.2% |
Total | 11.7 | 15.4 | 28.9 | 19.4 | 18.4% |
Top Suppliers of Agricultural Appliance to Turkey in 2022:
- India (787.4K units)
- Israel (695.2K units)
- United States (503.1K units)
- Mexico (481.5K units)
- China (468.4K units)
- Spain (452.3K units)
- United Arab Emirates (442.6K units)
This report provides an in-depth analysis of the agricultural appliance 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 28306010 - Agricultural or horticultural watering appliances
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
-
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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