Turkey - Bumpers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBumper Price in Turkey - 2023
Contents:
- Bumper Price in Turkey (CIF) - 2023
- Bumper Price in Turkey (FOB) - 2023
- Bumper Imports in Turkey
- Bumper Exports in Turkey
Bumper Price in Turkey (CIF) - 2023
The average bumper import price stood at $12,953 per ton in September 2023, shrinking by -11% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 15% month-to-month. As a result, import price reached the peak level of $14,548 per ton, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($25,214 per ton), while the price for Sweden ($4,297 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Bumper Price in Turkey (FOB) - 2023
In September 2023, the average bumper export price amounted to $7,505 per ton, reducing by -3.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in January 2023 when the average export price increased by 8.3% m-o-m. As a result, the export price reached the peak level of $8,034 per ton. From February 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($13,545 per ton), while the average price for exports to the Czech Republic ($4,445 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Bumper Imports in Turkey
In 2022, approx. 7.8K tons of bumpers were imported into Turkey; growing by 6.1% against 2021. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, bumper imports expanded notably to $102M in 2022. The total import value increased at an average annual rate of +12.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Bumper in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 17.2 | 15.1 | 19.2 | 18.9 | 3.2% |
China | 7.6 | 11.7 | 12.3 | 17.8 | 32.8% |
Spain | 6.0 | 8.7 | 12.1 | 12.2 | 26.7% |
South Korea | 3.9 | 6.3 | 8.4 | 7.7 | 25.5% |
Czech Republic | 3.4 | 3.8 | 4.5 | 4.7 | 11.4% |
Norway | 5.3 | 4.4 | 5.1 | 4.7 | -3.9% |
Taiwan (Chinese) | 3.8 | 4.4 | 4.7 | 4.2 | 3.4% |
Italy | 2.7 | 3.1 | 3.7 | 3.8 | 12.1% |
Others | 20.7 | 20.4 | 26.1 | 27.6 | 10.1% |
Total | 70.6 | 77.9 | 96.2 | 102 | 13.0% |
Top Suppliers of Bumper to Turkey in 2022:
- China (1794.0 tons)
- Spain (1253.2 tons)
- Germany (750.5 tons)
- South Korea (650.5 tons)
- Norway (598.7 tons)
- Czech Republic (597.2 tons)
- Taiwan (Chinese) (397.0 tons)
- Italy (358.6 tons)
Bumper Exports in Turkey
Bumper exports from Turkey amounted to 11K tons in 2022, picking up by 2% on 2021. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, bumper exports rose slightly to $81M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
Export of Bumper in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 10.7 | 11.6 | 13.5 | 14.3 | 10.1% |
Belgium | 12.0 | 7.0 | 9.4 | 10.4 | -4.7% |
Germany | 6.1 | 5.9 | 8.1 | 8.4 | 11.3% |
United Kingdom | 9.7 | 8.1 | 8.3 | 7.4 | -8.6% |
Bulgaria | 6.9 | 6.6 | 8.6 | 7.2 | 1.4% |
Italy | 5.4 | 5.2 | 6.4 | 6.4 | 5.8% |
Czech Republic | 0.1 | N/A | 0.4 | 3.5 | 227.1% |
Russia | 2.4 | 1.9 | 3.3 | 2.8 | 5.3% |
Spain | 3.3 | 2.7 | 2.6 | 2.2 | -12.6% |
Romania | 1.4 | 1.0 | 1.3 | 1.9 | 10.7% |
Poland | 1.2 | 1.3 | 2.0 | 1.9 | 16.6% |
Morocco | 0.5 | 0.6 | 1.2 | 1.1 | 30.1% |
Ukraine | 0.1 | 0.2 | 0.7 | 0.8 | 100.0% |
Others | 18.8 | 10.3 | 12.5 | 13.0 | -11.6% |
Total | 78.5 | 62.6 | 78.4 | 81.4 | 1.2% |
Top Export Markets for Bumper from Turkey in 2022:
- France (2617.9 tons)
- United Kingdom (1461.9 tons)
- Germany (918.8 tons)
- Czech Republic (867.3 tons)
- Italy (731.7 tons)
- Belgium (630.8 tons)
- Bulgaria (620.0 tons)
- Spain (352.1 tons)
- Russia (315.2 tons)
- Romania (288.1 tons)
- Poland (276.3 tons)
- Morocco (231.2 tons)
- Ukraine (219.6 tons)
This report provides an in-depth analysis of the bumper 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 29323010 - Bumpers and parts thereof (including plastic bumpers)
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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