Turkey - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum-Engine Cargo Trucks Price in Turkey - 2023
Contents:
- Petroleum-Engine Cargo Trucks Price in Turkey (FOB) - 2022
- Petroleum-Engine Cargo Trucks Price in Turkey (CIF) - 2023
- Petroleum-Engine Cargo Trucks Exports in Turkey
- Petroleum-Engine Cargo Trucks Imports in Turkey
Petroleum-Engine Cargo Trucks Price in Turkey (FOB) - 2022
The average petroleum-engine cargo trucks export price stood at $23,727 per unit in 2022, dropping by -11% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 25% against the previous year. The export price peaked at $26,647 per unit in 2021, and then contracted in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($25,987 per unit) and Canada ($24,844 per unit), while the average price for exports to Italy ($21,226 per unit) and Spain ($21,570 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+46.8%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Price in Turkey (CIF) - 2023
In July 2023, the average petroleum-engine cargo trucks import price amounted to $44,532 per unit, picking up by 32% against the previous month. Overall, the import price continues to indicate a mild increase. The pace of growth was the most pronounced in October 2022 when the average import price increased by 384% against the previous month. As a result, import price attained the peak level of $60,638 per unit. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($140K per unit), while the price for Thailand ($30,464 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 Germany (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Exports in Turkey
In 2022, approx. 22K units of goods vehicles, with spark-ignition internal combustion piston engine were exported from Turkey; almost unchanged from the year before. Overall, exports, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the exports attained the maximum at 22K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, petroleum-engine cargo trucks exports fell to $512M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, the exports reached the peak of $572M, and then shrank in the following year.
Export of Petroleum-Engine Cargo Trucks in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 145 | 175 | 171 | 386 | 38.6% |
Mexico | N/A | N/A | 20.9 | 19.9 | -4.8% |
United Kingdom | 22.3 | 36.8 | 71.8 | 19.0 | -5.2% |
Slovenia | 14.0 | 32.2 | 25.4 | 18.5 | 9.7% |
Canada | 8.3 | 9.4 | 7.9 | 11.8 | 12.4% |
Belgium | 19.3 | 26.8 | 26.7 | 10.9 | -17.3% |
Italy | 84.7 | 61.8 | 91.0 | 8.9 | -52.8% |
France | 30.7 | 26.7 | 54.0 | 8.6 | -34.6% |
Germany | 18.0 | 12.1 | 9.0 | 3.4 | -42.6% |
Spain | 11.7 | 26.4 | 37.8 | 2.0 | -44.5% |
Iraq | 36.4 | 10.2 | 2.0 | 0.2 | -82.4% |
Poland | 31.4 | 0.4 | 0.1 | N/A | -94.4% |
Others | 44.0 | 56.6 | 54.5 | 23.0 | -19.4% |
Total | 465 | 475 | 572 | 512 | 3.3% |
Top Export Markets for Petroleum-Engine Cargo Trucks from Turkey in 2022:
- Iraq (undefinedK units)
- United States (15.8K units)
- Mexico (0.9K units)
- Slovenia (0.9K units)
- United Kingdom (0.8K units)
- Canada (0.5K units)
- Belgium (0.5K units)
- Italy (0.4K units)
- France (0.4K units)
- Germany (0.1K units)
- Spain (0.1K units)
Petroleum-Engine Cargo Trucks Imports in Turkey
For the third year in a row, Turkey recorded decline in overseas purchases of goods vehicles, with spark-ignition internal combustion piston engine, which decreased by -36.7% to 381 units in 2022. In general, imports recorded a sharp decrease. The smallest decline of -5% was in 2021. Over the period under review, imports attained the peak figure at 1.7K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, petroleum-engine cargo trucks imports dropped dramatically to $13M in 2022. Overall, imports showed a dramatic setback. The smallest decline of -0.3% was in 2021. Imports peaked at $42M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Petroleum-Engine Cargo Trucks in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | N/A | N/A | 1.4 | 6.2 | 342.9% |
China | 2.7 | 2.5 | 6.5 | 3.2 | 5.8% |
Japan | 35.7 | 7.3 | 1.8 | 1.1 | -68.6% |
Mexico | N/A | N/A | 0.2 | 1.0 | 400.0% |
United States | 0.6 | 0.7 | 0.9 | 0.9 | 14.5% |
Poland | 0.1 | 0.1 | 0.5 | 0.6 | 81.7% |
Morocco | N/A | N/A | 4.6 | N/A | 0% |
United Arab Emirates | 2.7 | 4.0 | 0.3 | N/A | -66.7% |
Others | 0.5 | 2.9 | 1.1 | 0.2 | -26.3% |
Total | 42.4 | 17.6 | 17.5 | 13.2 | -32.2% |
Top Suppliers of Petroleum-Engine Cargo Trucks to Turkey in 2022:
- Thailand (175.0 units)
- China (127.0 units)
- Japan (31.0 units)
- Mexico (17.0 units)
- United States (15.0 units)
- Poland (11.0 units)
- Morocco (1.0 units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
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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From June 2023 to January 2024, the growth of the exports of Petroleum-Engine Cargo Trucks remained at a somewhat lower figure. In value terms, exports dropped significantly to $3.9M in January 2024.
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