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Turkey - Centrifuges - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCentrifuges Price in Turkey - 2023
Contents:
- Centrifuges Price in Turkey (CIF) - 2022
- Centrifuges Price in Turkey (FOB) - 2022
- Centrifuges Imports in Turkey
- Centrifuges Exports in Turkey
Centrifuges Price in Turkey (CIF) - 2022
The average centrifuges import price stood at $1,653 per unit in 2022, surging by 9% against the previous year. Over the period under review, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 45%. The import price peaked at $2,081 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,828 per unit), while the price for the United States ($255 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Centrifuges Price in Turkey (FOB) - 2022
The average centrifuges export price stood at $13,305 per unit in 2022, approximately mirroring the previous year. In general, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2017 an increase of 13%. Over the period under review, the average export prices attained the maximum at $48,324 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($13,786 per unit), while the average price for exports to Mexico ($4,840 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.
Centrifuges Imports in Turkey
In 2022, approx. 21K units of centrifuges were imported into Turkey; growing by 16% on the year before. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, centrifuges imports soared to $34M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Centrifuges in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.6 | 1.4 | 7.9 | 10.9 | 44.7% |
Germany | 8.5 | 7.1 | 8.4 | 9.6 | 4.1% |
Slovakia | 0.7 | 1.1 | 2.0 | 3.0 | 62.4% |
Italy | 1.4 | 1.5 | 1.1 | 2.9 | 27.5% |
France | N/A | 0.4 | 0.4 | 2.0 | 123.6% |
India | 1.1 | 0.9 | 1.0 | 1.5 | 10.9% |
Poland | 1.4 | 2.1 | 1.2 | 0.8 | -17.0% |
United States | 0.3 | 0.3 | 0.1 | 0.5 | 18.6% |
Denmark | 1.4 | 2.2 | 0.2 | N/A | -62.2% |
Others | 4.5 | 4.3 | 4.9 | 3.1 | -11.7% |
Total | 23.0 | 21.3 | 27.3 | 34.3 | 14.2% |
Top Suppliers of Centrifuges to Turkey in 2022:
- India (5.3K units)
- China (5.1K units)
- Germany (2.5K units)
- Italy (2.1K units)
- United States (1.8K units)
- France (1.6K units)
- Slovakia (0.8K units)
- Poland (0.2K units)
Centrifuges Exports in Turkey
Centrifuges exports from Turkey soared to 2.2K units in 2022, picking up by 16% compared with the previous year. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 94%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, centrifuges exports skyrocketed to $29M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +70.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 54% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Centrifuges in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 621 | 1,150 | 1,163 | 4,838 | 98.2% |
Italy | 632 | 2,273 | 1,577 | 2,956 | 67.2% |
Iran | 479 | 1,300 | 2,602 | 2,048 | 62.3% |
United States | 967 | 1,317 | 1,263 | 1,547 | 17.0% |
Netherlands | 1,017 | 1,920 | 1,519 | 1,352 | 10.0% |
Greece | 325 | 167 | 811 | 1,062 | 48.4% |
Belgium | 602 | 906 | 930 | 996 | 18.3% |
Spain | 536 | 271 | 433 | 911 | 19.3% |
Morocco | 116 | 169 | 198 | 738 | 85.3% |
Uzbekistan | 500 | 174 | 234 | 696 | 11.7% |
Iraq | 507 | 536 | 543 | 675 | 10.0% |
Canada | 182 | 372 | 248 | 629 | 51.2% |
Mexico | 96.0 | 379 | 118 | 343 | 52.9% |
Others | 10,351 | 15,169 | 13,127 | 10,073 | -0.9% |
Total | 16,932 | 26,103 | 24,765 | 28,862 | 19.5% |
Top Export Markets for Centrifuges from Turkey in 2022:
- Russia (351.0 units)
- Italy (214.0 units)
- Iran (149.0 units)
- United States (112.0 units)
- Netherlands (98.0 units)
- Greece (77.0 units)
- Belgium (72.0 units)
- Mexico (71.0 units)
- Spain (66.0 units)
- Morocco (54.0 units)
- Uzbekistan (50.0 units)
- Iraq (49.0 units)
- Canada (46.0 units)
This report provides an in-depth analysis of the centrifuges 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 32501380 - Centrifuges of a kind used in laboratories (excluding cream separators, clothes dryers)
- Prodcom 28294100 - Centrifuges (excluding cream separators, clothes dryers, t hose used in laboratories)
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
-
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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