Turkey - Electric Radiators And Convection Heaters - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingElectric Radiator Price in Turkey - 2023
Contents:
- Electric Radiator Price in Turkey (FOB) - 2022
- Electric Radiator Price in Turkey (CIF) - 2023
- Electric Radiator Exports in Turkey
- Electric Radiator Imports in Turkey
Electric Radiator Price in Turkey (FOB) - 2022
The average electric radiator export price stood at $33 per unit in 2022, shrinking by -19.6% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 24% against the previous year. The export price peaked at $41 per unit in 2021, and then fell markedly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($135 per unit), while the average price for exports to Egypt ($3.4 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 France (+8.4%), while the prices for the other major destinations experienced a decline.
Electric Radiator Price in Turkey (CIF) - 2023
The average electric radiator import price stood at $21.8 per unit in September 2023, with a decrease of -59.3% against the previous month. In general, the import price saw a perceptible decrease. The pace of growth appeared the most rapid in February 2023 an increase of 176% m-o-m. Over the period under review, average import prices hit record highs at $132 per unit in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($15.0 per unit), while the price for Japan ($13.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.6%), while the prices for the other major suppliers experienced a decline.
Electric Radiator Exports in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of electric radiators and convection heaters, which increased by 44% to 3.5M units in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.9% 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 +68.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric radiator exports skyrocketed to $115M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +61.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 39% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Electric Radiator in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 34.0 | 26.4 | 43.8 | 41.6 | 7.0% |
Germany | 5.8 | 8.0 | 8.3 | 16.0 | 40.2% |
United Kingdom | 4.5 | 4.8 | 6.8 | 5.8 | 8.8% |
Ukraine | 1.0 | 0.7 | 1.4 | 5.0 | 71.0% |
Italy | 2.0 | 2.2 | 2.3 | 4.0 | 26.0% |
Libya | 6.5 | 1.6 | 0.9 | 2.5 | -27.3% |
Israel | 0.9 | 0.8 | 1.4 | 2.4 | 38.7% |
Iraq | 3.7 | 5.6 | 3.9 | 1.8 | -21.4% |
Saudi Arabia | 0.6 | 1.6 | N/A | 1.6 | 38.7% |
Georgia | 0.4 | 0.4 | 1.3 | 1.6 | 58.7% |
Algeria | 0.1 | 0.1 | 1.0 | 1.4 | 141.0% |
Egypt | 1.0 | 1.3 | 0.4 | 1.1 | 3.2% |
Greece | 1.4 | 1.3 | 2.0 | 1.1 | -7.7% |
Others | 13.5 | 16.4 | 25.3 | 28.5 | 28.3% |
Total | 75.3 | 71.1 | 98.9 | 115 | 15.2% |
Top Export Markets for Electric Radiator from Turkey in 2022:
- Germany (345.8K units)
- Egypt (314.0K units)
- France (307.8K units)
- Ukraine (306.5K units)
- Libya (256.5K units)
- Algeria (156.1K units)
- Iraq (121.0K units)
- Israel (118.4K units)
- United Kingdom (112.4K units)
- Italy (108.5K units)
- Georgia (105.5K units)
- Saudi Arabia (99.0K units)
- Greece (87.9K units)
Electric Radiator Imports in Turkey
For the fourth consecutive year, Turkey recorded growth in supplies from abroad of electric radiators and convection heaters, which increased by 3.8% to 281K units in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, electric radiator imports expanded remarkably to $17M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.9% 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 +90.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Electric Radiator in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.8 | 3.0 | 5.9 | 6.9 | 56.5% |
Germany | 1.7 | 1.8 | 1.8 | 2.7 | 16.7% |
Malaysia | 0.5 | 2.1 | 1.7 | 1.2 | 33.9% |
United Kingdom | 0.4 | 0.7 | 1.0 | 0.8 | 26.0% |
Japan | 0.6 | 0.6 | 0.6 | 0.7 | 5.3% |
Saudi Arabia | N/A | N/A | 0.4 | N/A | 0% |
Others | 3.6 | 3.3 | 3.3 | 4.4 | 6.9% |
Total | 8.7 | 11.5 | 14.7 | 16.6 | 24.0% |
Top Suppliers of Electric Radiator to Turkey in 2022:
- China (193.0K units)
- Japan (25.5K units)
- United Kingdom (8.8K units)
- Germany (6.1K units)
- Malaysia (4.4K units)
This report provides an in-depth analysis of the electric radiator 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 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
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.
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the electric radiator market in Turkey.
This report provides an in-depth analysis of the electric heating equipment market in Turkey.
This report provides an in-depth analysis of the domestic electric oven market in Turkey.
This report provides an in-depth analysis of the domestic electro-thermic appliances market in Turkey.
This report provides an in-depth analysis of the hair curler market in Turkey.
This report provides an in-depth analysis of the electric heating radiator market in Turkey.
This report provides an in-depth analysis of the electric heating resistor market in Turkey.
This report provides an in-depth analysis of the electric hand-dryer market in Turkey.
This report provides an in-depth analysis of the electric hair dryer market in Turkey.
This report provides an in-depth analysis of the market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines in Turkey.
Electric Heating Radiator exports reached a peak of 4.4K units in March 2023, but remained lower from April 2023 to January 2024. In terms of value, exports of Electric Heating Radiators surged to $127K in January 2024.
The Electric Heating Resistor saw record high imports of 3.1M units in 2020, but failed to regain momentum from 2021 to 2023. In terms of value, imports modestly expanded to $159M in 2023.
In September 2022, the electric oven and cooker price stood at $34.4 per unit (FOB, Turkey), leveling off at the previous month.
Discover the top countries leading the import market for electric radiators, with key statistics and insights provided by IndexBox's market intelligence platform.
Discover the top import markets for electric heating equipment in the world. Learn about the key countries driving the demand for energy-efficient heating solutions.
China dominates in the global trade of electric space heating apparatus and soil heating apparatus. In 2014, China exported X thousand tons of electric space heating apparatus and soil heating apparatus totaling X billion USD, X% over the previo
Explore the top import markets for electric heating resistor and the key statistics from leading countries. Find out where the demand is highest and what drives the market growth.
Explore the top import markets for microwave ovens worldwide and analyze key statistics and numbers behind their success. Discover lucrative opportunities in these markets.
Discover the top import markets for domestic coffee machines around the world. Explore key statistics and insights into the market potential of these countries. Stay informed with IndexBox market intelligence platform.
The average domestic coffee machine export price soared from $43 per unit in 2019 to $92 per unit in 2020. Among the leading exporters, the most notable price growth rate was attained by China. The average export price for Chinese coffee machines grew fivefold.