Turkey - Electrical Apparatus For Sound Or Visual Signalling - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Signalling Apparatus Price in Turkey - 2023
Contents:
- Electrical Signalling Apparatus Price in Turkey (CIF) - 2023
- Electrical Signalling Apparatus Price in Turkey (FOB) - 2022
- Electrical Signalling Apparatus Imports in Turkey
- Electrical Signalling Apparatus Exports in Turkey
Electrical Signalling Apparatus Price in Turkey (CIF) - 2023
The average electrical signalling apparatus import price stood at $3.9 per unit in July 2023, picking up by 7.1% against the previous month. Over the period under review, import price indicated buoyant growth from July 2022 to July 2023: its price increased at an average monthly rate of +7.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, electrical signalling apparatus import price increased by +37.6% against May 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 83% month-to-month. Over the period under review, average import prices hit record highs at $5.3 per unit in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($7.2 per unit), while the price for Romania ($2.2 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 China (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Electrical Signalling Apparatus Price in Turkey (FOB) - 2022
The average electrical signalling apparatus export price stood at $1.4 per unit in 2022, reducing by -3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 35%. The export price peaked at $1.6 per unit in 2020; however, from 2021 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 Oman ($3.1 per unit), while the average price for exports to Serbia ($0.4 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 Oman (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Signalling Apparatus Imports in Turkey
For the fourth consecutive year, Turkey recorded growth in supplies from abroad of electrical apparatus for sound or visual signalling, which increased by 26% to 9.9M units in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical signalling apparatus imports skyrocketed to $25M in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Electrical Signalling Apparatus in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.9 | 3.9 | 6.7 | 9.2 | 69.2% |
United States | 2.3 | 2.6 | 2.1 | 3.6 | 16.1% |
Germany | 0.6 | 1.0 | 0.9 | 2.5 | 60.9% |
United Kingdom | 0.8 | 0.6 | 0.8 | 1.1 | 11.2% |
France | 0.5 | 0.7 | 0.6 | 0.9 | 21.6% |
Thailand | N/A | 0.1 | 0.1 | 0.9 | 200.0% |
Italy | 0.2 | 0.2 | 0.4 | 0.8 | 58.7% |
Romania | 0.2 | 0.2 | 0.1 | 0.6 | 44.2% |
Indonesia | 0.2 | 0.4 | 0.3 | 0.4 | 26.0% |
Hungary | 0.2 | 0.2 | 0.4 | 0.2 | 0.0% |
Bosnia and Herzegovina | 0.2 | 0.3 | 0.3 | 0.1 | -20.6% |
United Arab Emirates | 9.1 | 6.1 | 4.0 | N/A | -33.7% |
Others | 2.1 | 3.1 | 3.8 | 4.3 | 27.0% |
Total | 18.4 | 19.2 | 20.5 | 24.7 | 10.3% |
Top Suppliers of Electrical Signalling Apparatus to Turkey in 2022:
- United Arab Emirates (undefinedK units)
- China (6826.1K units)
- Romania (456.1K units)
- Italy (424.6K units)
- United States (305.3K units)
- France (301.9K units)
- Germany (253.3K units)
- United Kingdom (170.3K units)
- Thailand (161.2K units)
- Hungary (153.6K units)
- Indonesia (123.4K units)
- Bosnia and Herzegovina (23.2K units)
Electrical Signalling Apparatus Exports in Turkey
In 2022, the amount of electrical apparatus for sound or visual signalling exported from Turkey soared to 6.1M units, increasing by 32% compared with the year before. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% 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 +51.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical signalling apparatus exports surged to $8.3M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Electrical Signalling Apparatus in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 286 | 135 | 136 | 661 | 32.2% |
Iraq | 378 | 370 | 356 | 541 | 12.7% |
United Arab Emirates | 123 | 160 | 108 | 524 | 62.1% |
Oman | 43.6 | 95.6 | 109 | 438 | 115.8% |
Azerbaijan | 251 | 327 | 160 | 334 | 10.0% |
Kazakhstan | 149 | 64.9 | 119 | 291 | 25.0% |
Egypt | 465 | 406 | 438 | 289 | -14.7% |
Libya | 120 | 33.3 | 98.9 | 160 | 10.1% |
Turkmenistan | 42.6 | 53.0 | 172 | 142 | 49.4% |
Morocco | 186 | 54.6 | 138 | 128 | -11.7% |
Tanzania | 22.2 | 122 | 35.7 | 98.3 | 64.2% |
Bulgaria | 59.7 | 116 | 197 | 92.3 | 15.6% |
Serbia | 132 | 173 | 64.3 | 88.1 | -12.6% |
Others | 5,058 | 4,281 | 4,355 | 4,500 | -3.8% |
Total | 7,316 | 6,391 | 6,487 | 8,288 | 4.2% |
Top Export Markets for Electrical Signalling Apparatus from Turkey in 2022:
- Russia (604.7K units)
- Kazakhstan (524.6K units)
- Egypt (492.3K units)
- Iraq (464.0K units)
- Azerbaijan (415.6K units)
- Serbia (213.9K units)
- United Arab Emirates (191.1K units)
- Turkmenistan (188.9K units)
- Libya (186.7K units)
- Bulgaria (161.3K units)
- Tanzania (161.1K units)
- Morocco (143.5K units)
- Oman (142.0K units)
This report provides an in-depth analysis of the electrical signalling apparatus 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 27902080 - Electrical apparatus for sound or visual signalling, n.e.c.
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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