Turkey - Machines For Mixing Mineral Substances With Bitumen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBitumen Mixer Price in Turkey - 2023
Contents:
- Bitumen Mixer Price in Turkey (FOB) - 2023
- Bitumen Mixer Price in Turkey (CIF) - 2023
- Bitumen Mixer Exports in Turkey
- Bitumen Mixer Imports in Turkey
Bitumen Mixer Price in Turkey (FOB) - 2023
In July 2023, the average bitumen mixer export price amounted to $121K per unit, surging by 31% against the previous month. Overall, the export price saw a noticeable expansion. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 140% against the previous month. Over the period under review, the average export prices reached the peak figure in July 2023.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Nigeria ($140K per unit), while the average price for exports to Serbia ($84,041 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 Georgia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Bitumen Mixer Price in Turkey (CIF) - 2023
The average bitumen mixer import price stood at $227K per unit in July 2023, rising by 2.2% against the previous month. In general, import price indicated a temperate increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, bitumen mixer import price increased by +12.0% against May 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 173% month-to-month. The import price peaked in July 2023.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From July 2022 to July 2023, the rate of growth in terms of prices for Italy amounted to +2.1% per month.
Bitumen Mixer Exports in Turkey
In 2022, overseas shipments of machines for mixing mineral substances with bitumen decreased by -51% to 226 units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. As a result, the exports reached the peak of 547 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, bitumen mixer exports declined remarkably to $43M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36%. Over the period under review, the exports reached the maximum at $57M in 2021, and then fell dramatically in the following year.
Export of Bitumen Mixer in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 2.6 | 1.5 | 0.9 | 11.1 | 62.2% |
Russia | 1.9 | 1.2 | 1.0 | 5.0 | 38.1% |
Serbia | 0.7 | 0.6 | 1.0 | 4.9 | 91.3% |
Egypt | N/A | 2.0 | 1.2 | 3.5 | 32.3% |
Ukraine | 3.9 | 15.2 | 22.6 | 2.6 | -12.6% |
Uzbekistan | 3.0 | 3.2 | 0.9 | 2.3 | -8.5% |
Italy | 0.2 | N/A | 1.2 | 2.2 | 122.4% |
Georgia | 2.2 | 1.1 | 1.0 | 2.0 | -3.1% |
Azerbaijan | 0.1 | 0.7 | 4.7 | 1.1 | 122.4% |
Oman | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
Greece | N/A | N/A | 0.3 | 0.6 | 100.0% |
United Arab Emirates | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
Turkmenistan | 2.6 | 3.8 | 1.7 | 0.1 | -66.2% |
Others | 16.6 | 16.5 | 20.5 | 6.5 | -26.8% |
Total | 33.9 | 46.2 | 57.1 | 42.9 | 8.2% |
Top Export Markets for Bitumen Mixer from Turkey in 2022:
- Serbia (46.0 units)
- Russia (32.0 units)
- Ukraine (29.0 units)
- Egypt (16.0 units)
- Georgia (15.0 units)
- Italy (14.0 units)
- Uzbekistan (11.0 units)
- Iraq (10.0 units)
- United Arab Emirates (6.0 units)
- Azerbaijan (5.0 units)
- Greece (4.0 units)
- Oman (4.0 units)
- Turkmenistan (1.0 units)
Bitumen Mixer Imports in Turkey
In 2022, purchases abroad of machines for mixing mineral substances with bitumen decreased by -78.4% to 22 units, falling for the second year in a row after two years of growth. In general, imports saw a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. As a result, imports reached the peak of 142 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, bitumen mixer imports declined dramatically to $5.1M in 2022. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Bitumen Mixer in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 6.4 | 10.1 | 9.6 | 4.5 | -11.1% |
Spain | 0.5 | 0.6 | 0.5 | 0.6 | 6.3% |
China | 0.1 | N/A | N/A | N/A | 0% |
Sweden | N/A | N/A | N/A | N/A | 0% |
United Kingdom | 0.8 | 0.8 | 0.8 | N/A | 0.0% |
India | 0.6 | 0.6 | N/A | N/A | 0.0% |
Poland | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
Iran | 0.5 | 0.5 | 0.5 | N/A | 0.0% |
Netherlands | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
Others | 0.6 | 1.0 | 0.3 | N/A | -29.3% |
Total | 9.9 | 14.1 | 12.1 | 5.1 | -19.8% |
Top Suppliers of Bitumen Mixer to Turkey in 2022:
- Spain (11.0 units)
- Italy (8.0 units)
- China (1.0 units)
- Sweden (1.0 units)
- Taiwan (Chinese) (1.0 units)
This report provides an in-depth analysis of the bitumen mixer 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 28924070 - Machines for mixing mineral substances with bitumen
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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