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Turkey - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in Turkey - 2023
Contents:
- Non-Electric Industrial Furnace Price in Turkey (CIF) - 2022
- Non-Electric Industrial Furnace Price in Turkey (FOB) - 2022
- Non-Electric Industrial Furnace Imports in Turkey
- Non-Electric Industrial Furnace Exports in Turkey
Non-Electric Industrial Furnace Price in Turkey (CIF) - 2022
In 2022, the average non-electric industrial furnace import price amounted to $324 per unit, picking up by 26% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 68%. As a result, import price reached the peak level of $593 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($631 per unit), while the price for China ($211 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Electric Industrial Furnace Price in Turkey (FOB) - 2022
The average non-electric industrial furnace export price stood at $352 per unit in 2022, approximately equating the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric industrial furnace export price decreased by -9.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 84% against the previous year. As a result, the export price reached the peak level of $390 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($523 per unit), while the average price for exports to Egypt ($100 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 Russia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Industrial Furnace Imports in Turkey
In 2022, the amount of non-electric industrial or laboratory furnaces and ovens imported into Turkey reached 234K units, flattening at the year before. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 312% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, non-electric industrial furnace imports skyrocketed to $76M in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 304% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Non-Electric Industrial Furnace in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.9 | 3.4 | 5.4 | 24.9 | 46.6% |
China | 3.6 | 0.9 | 29.7 | 23.4 | 86.6% |
Italy | 9.3 | 4.2 | 16.6 | 19.0 | 26.9% |
Spain | 0.2 | 1.3 | 1.9 | 2.3 | 125.7% |
United Kingdom | 2.3 | 3.6 | 0.1 | 0.6 | -36.1% |
Others | 3.0 | 1.3 | 6.1 | 5.5 | 22.4% |
Total | 26.3 | 14.8 | 59.7 | 75.8 | 42.3% |
Top Suppliers of Non-Electric Industrial Furnace to Turkey in 2022:
- China (110.7K units)
- Italy (71.2K units)
- Germany (39.5K units)
- Spain (5.0K units)
- United Kingdom (1.2K units)
Non-Electric Industrial Furnace Exports in Turkey
After two years of decline, shipments abroad of non-electric industrial or laboratory furnaces and ovens increased by 54% to 26K units in 2022. Over the period under review, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, 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.
In value terms, non-electric industrial furnace exports surged to $9.2M in 2022. In general, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Non-Electric Industrial Furnace in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 2.0 | 26.4 | 121 | 2,260 | 941.6% |
Algeria | 568 | 195 | 3.0 | 1,639 | 42.4% |
Uruguay | N/A | N/A | 0.5 | 1,017 | 203300.0% |
Morocco | 21.9 | 53.3 | 55.8 | 419 | 167.5% |
Germany | 38.1 | 56.2 | 179 | 372 | 113.7% |
Portugal | 883 | 73.2 | 96.6 | 358 | -26.0% |
Russia | 1,142 | 276 | 323 | 355 | -32.3% |
Pakistan | N/A | N/A | 52.0 | 263 | 405.8% |
Georgia | 63.8 | 30.9 | 10.2 | 250 | 57.7% |
Iraq | 164 | 249 | 72.2 | 142 | -4.7% |
Ethiopia | 55.1 | 51.9 | N/A | 126 | 31.7% |
Egypt | 20.4 | 409 | 96.6 | 107 | 73.7% |
United States | 74.3 | 86.9 | 33.7 | 70.1 | -1.9% |
Others | 5,378 | 6,656 | 4,898 | 1,812 | -30.4% |
Total | 8,410 | 8,163 | 5,942 | 9,191 | 3.0% |
Top Export Markets for Non-Electric Industrial Furnace from Turkey in 2022:
- Bulgaria (5.3K units)
- Uruguay (3.6K units)
- Algeria (3.1K units)
- Georgia (1.3K units)
- Egypt (1.1K units)
- Iraq (1.1K units)
- Morocco (1.0K units)
- Germany (1.0K units)
- Pakistan (0.9K units)
- Portugal (0.9K units)
- Russia (0.9K units)
- Ethiopia (0.5K units)
- United States (0.5K units)
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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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