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Turkey - Radiators For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotor Vehicle Radiator Price in Turkey - 2023
Contents:
- Motor Vehicle Radiator Price in Turkey (CIF) - 2023
- Motor Vehicle Radiator Price in Turkey (FOB) - 2023
- Motor Vehicle Radiator Imports in Turkey
- Motor Vehicle Radiator Exports in Turkey
Motor Vehicle Radiator Price in Turkey (CIF) - 2023
In September 2023, the average motor vehicle radiator import price amounted to $4.9 per unit, shrinking by -6.4% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 10% against the previous month. As a result, import price attained the peak level of $5.6 per unit. From December 2022 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($9.4 per unit), while the price for India ($3.4 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 Italy (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Radiator Price in Turkey (FOB) - 2023
In September 2023, the average motor vehicle radiator export price amounted to $6.3 per unit, picking up by 4.5% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 8.3% m-o-m. Over the period under review, the average export prices attained the maximum at $6.4 per unit in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($13.9 per unit), while the average price for exports to Serbia ($3.0 per unit) 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 the United Arab Emirates (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Motor Vehicle Radiator Imports in Turkey
For the fourth year in a row, Turkey recorded growth in overseas purchases of radiators for motor vehicles, which increased by 15% to 27M units in 2022. The total import volume increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, motor vehicle radiator imports skyrocketed to $140M in 2022. The total import value increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Motor Vehicle Radiator in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 21.0 | 26.4 | 36.5 | 42.4 | 26.4% |
Czech Republic | 9.0 | 13.0 | 19.1 | 19.6 | 29.6% |
Slovakia | 9.9 | 8.8 | 11.1 | 14.7 | 14.1% |
Germany | 11.3 | 8.1 | 7.5 | 8.9 | -7.6% |
Spain | 7.8 | 7.2 | 6.3 | 8.7 | 3.7% |
Italy | 5.6 | 6.8 | 6.4 | 6.9 | 7.2% |
South Korea | 4.9 | 6.0 | 5.8 | 6.2 | 8.2% |
Romania | 3.8 | 5.9 | 5.4 | 6.0 | 16.4% |
United Kingdom | 6.8 | 4.9 | 4.6 | 3.6 | -19.1% |
France | 3.0 | 4.8 | 3.0 | 3.2 | 2.2% |
Poland | 2.3 | 2.4 | 2.8 | 3.1 | 10.5% |
India | 1.4 | 1.6 | 2.4 | 3.1 | 30.3% |
Portugal | 2.6 | 2.5 | 2.1 | 2.1 | -6.9% |
Others | 7.2 | 8.4 | 8.5 | 11.3 | 16.2% |
Total | 96.5 | 107 | 121 | 140 | 13.2% |
Top Suppliers of Motor Vehicle Radiator to Turkey in 2022:
- China (8.8M units)
- Czech Republic (4.5M units)
- Slovakia (2.3M units)
- Romania (1.7M units)
- Spain (1.7M units)
- Italy (1.5M units)
- Germany (1.4M units)
- South Korea (0.9M units)
- India (0.8M units)
- France (0.6M units)
- Poland (0.5M units)
- United Kingdom (0.5M units)
- Portugal (0.4M units)
Motor Vehicle Radiator Exports in Turkey
In 2022, approx. 19M units of radiators for motor vehicles were exported from Turkey; jumping by 18% against 2021 figures. The total export volume increased at an average annual rate of +6.3% over the period 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 exports increased by 29% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, motor vehicle radiator exports skyrocketed to $107M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +92.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Motor Vehicle Radiator in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.1 | 8.8 | 12.7 | 19.2 | 20.0% |
United States | 9.3 | 6.1 | 10.4 | 12.7 | 10.9% |
France | 7.8 | 6.0 | 6.5 | 7.7 | -0.4% |
Belgium | 5.7 | 3.6 | 6.7 | 7.2 | 8.1% |
Iran | 0.3 | 0.3 | 0.8 | 5.1 | 157.1% |
Russia | 1.8 | 1.0 | 1.4 | 5.1 | 41.5% |
United Kingdom | 3.5 | 2.9 | 3.5 | 4.7 | 10.3% |
Brazil | 0.4 | 0.9 | 4.4 | 3.8 | 111.8% |
Poland | 2.7 | 2.8 | 4.0 | 3.4 | 8.0% |
Italy | 2.2 | 2.2 | 3.7 | 3.4 | 15.6% |
United Arab Emirates | 0.4 | 0.8 | 1.7 | 2.9 | 93.5% |
Tajikistan | 0.1 | 0.1 | 0.1 | 2.5 | 192.4% |
Austria | 0.3 | 0.9 | 1.8 | 2.2 | 94.3% |
Others | 23.0 | 19.4 | 23.6 | 27.4 | 6.0% |
Total | 68.4 | 55.7 | 81.3 | 107 | 16.1% |
Top Export Markets for Motor Vehicle Radiator from Turkey in 2022:
- Germany (3.6M units)
- United States (1.9M units)
- France (1.8M units)
- Belgium (1.1M units)
- United Kingdom (1.0M units)
- Brazil (0.8M units)
- United Arab Emirates (0.7M units)
- Russia (0.7M units)
- Poland (0.6M units)
- Italy (0.6M units)
- Iran (0.4M units)
- Austria (0.4M units)
- Tajikistan (0.4M units)
This report provides an in-depth analysis of the motor vehicle 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 29323061 - Radiators for tractors, motor cars, goods vehicles, crane lorries, fire-fighting vehicles, concrete-mixer-, road sweeper-, s praying lorries, mobile workshops and radiological units, p arts thereof
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
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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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