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Turkey - Base Metal Flexible Tubing, Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Base Metal Flexible Tubing in Turkey - 2023
Contents:
- Price for Base Metal Flexible Tubing in Turkey (FOB) - 2023
- Price for Base Metal Flexible Tubing in Turkey (CIF) - 2022
- Exports of Base Metal Flexible Tubing in Turkey
- Imports of Base Metal Flexible Tubing in Turkey
Price for Base Metal Flexible Tubing in Turkey (FOB) - 2023
The average base metal flexible tubing export price stood at $5,838 per ton in July 2023, rising by 4.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 21% against the previous month. The export price peaked at $6,227 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($17,063 per ton), while the average price for exports to Romania ($2,005 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Base Metal Flexible Tubing in Turkey (CIF) - 2022
In 2022, the average base metal flexible tubing import price amounted to $14,998 per ton, rising by 42% against the previous year. Overall, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 54%. The import price peaked at $19,566 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($145,668 per ton), while the price for China ($5,011 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Base Metal Flexible Tubing in Turkey
In 2022, base metal flexible tubing exports from Turkey contracted dramatically to 4.2K tons, with a decrease of -63% compared with the previous year's figure. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 119%. As a result, the exports attained the peak of 11K tons, and then dropped notably in the following year.
In value terms, base metal flexible tubing exports shrank rapidly to $25M in 2022. Overall, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 133%. As a result, the exports attained the peak of $49M, and then contracted sharply in the following year.
Export of Base Metal Flexible Tubing in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5.7 | 5.2 | 11.9 | 6.1 | 2.3% |
Germany | 2.4 | 3.5 | 7.5 | 3.8 | 16.6% |
Italy | 1.3 | 1.3 | 2.9 | 1.5 | 4.9% |
Poland | 1.0 | 0.6 | 2.8 | 1.4 | 11.9% |
Spain | 0.8 | 1.2 | 2.7 | 1.4 | 20.5% |
Japan | 1.1 | 1.1 | 2.1 | 1.1 | 0.0% |
United Kingdom | 0.8 | 0.8 | 2.0 | 1.0 | 7.7% |
United Arab Emirates | 0.2 | 0.2 | 1.3 | 0.7 | 51.8% |
United States | 0.5 | 0.7 | 1.3 | 0.7 | 11.9% |
Uzbekistan | 0.1 | 0.1 | 1.1 | 0.6 | 81.7% |
Romania | 0.6 | 0.4 | 1.0 | 0.5 | -5.9% |
Morocco | 0.5 | 0.4 | 0.9 | 0.5 | 0.0% |
Russia | 0.5 | 0.4 | 0.9 | 0.5 | 0.0% |
Others | 5.1 | 5.1 | 10.5 | 5.7 | 3.8% |
Total | 20.5 | 20.9 | 48.7 | 25.4 | 7.4% |
Top Export Markets for Base Metal Flexible Tubing from Turkey in 2022:
- France (1286.7 tons)
- Spain (322.1 tons)
- Poland (302.1 tons)
- Germany (292.0 tons)
- Italy (235.3 tons)
- Romania (186.0 tons)
- United Kingdom (158.4 tons)
- Japan (139.2 tons)
- United Arab Emirates (104.8 tons)
- Morocco (104.7 tons)
- Uzbekistan (102.7 tons)
- United States (75.9 tons)
- Russia (65.0 tons)
Imports of Base Metal Flexible Tubing in Turkey
In 2022, after three years of growth, there was significant decline in supplies from abroad of base metal flexible tubing, iron or steel, when their volume decreased by -58.8% to 61 tons. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of 149 tons, and then dropped remarkably in the following year.
In value terms, base metal flexible tubing imports declined markedly to $920K in 2022. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. As a result, imports attained the peak of $1.6M, and then fell markedly in the following year.
Import of Base Metal Flexible Tubing in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 168 | 183 | 333 | 187 | 3.6% |
United States | 328 | 112 | 286 | 161 | -21.1% |
Italy | 148 | 200 | 266 | 150 | 0.4% |
Germany | 249 | 204 | 172 | 130 | -19.5% |
South Korea | 4.9 | 4.1 | 130 | 73.0 | 146.1% |
France | 86.0 | 24.2 | 99.9 | 56.3 | -13.2% |
Others | 351 | 157 | 285 | 162 | -22.7% |
Total | 1,335 | 885 | 1,571 | 920 | -11.7% |
Top Suppliers of Base Metal Flexible Tubing to Turkey in 2022:
- China (37.4 tons)
- Italy (10.8 tons)
- Germany (3.9 tons)
- France (3.4 tons)
- South Korea (2.2 tons)
- United States (1.1 tons)
This report provides an in-depth analysis of the market for base metal flexible tubing 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 25992985 - Base metal flexible tubing excluding rubber tubing incorporating/fitted with external metallic reinforcements, f lexible tubing (form of machinery/vehicle parts), iron or steel
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
This report provides an in-depth analysis of the market for base metal flexible tubing in Turkey.
This report provides an in-depth analysis of the metal flexible tubing market in Turkey.
This report provides an in-depth analysis of the global market for base metal flexible tubing.
This report provides an in-depth analysis of the global metal flexible tubing market.
This report provides an in-depth analysis of the market for base metal flexible tubing in Turkey.
This report provides an in-depth analysis of the metal flexible tubing market in Turkey.
This report provides an in-depth analysis of the global market for base metal flexible tubing.
This report provides an in-depth analysis of the global metal flexible tubing market.
In 2021, Metal Flexible Tubing exports peaked at 9.3K tons but saw a slight decrease from 2022 to 2023. The export value also decreased to $96M in 2023.
The price of Metal Flexible Tubing, originating from Turkey, reached $13,405 per ton (FOB) in March 2023, marking a significant increase of 16% compared to the previous month.
In 2021, Metal Flexible Tubing exports peaked at 9.3K tons but saw a slight decrease from 2022 to 2023. The export value also decreased to $96M in 2023.
The price of Metal Flexible Tubing, originating from Turkey, reached $13,405 per ton (FOB) in March 2023, marking a significant increase of 16% compared to the previous month.