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Turkey - Sanitary Ware And Parts Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Sanitary Ware in Turkey - 2023
Contents:
- Price for Iron or Steel Sanitary Ware in Turkey (FOB) - 2023
- Price for Iron or Steel Sanitary Ware in Turkey (CIF) - 2023
- Exports of Iron or Steel Sanitary Ware in Turkey
- Imports of Iron or Steel Sanitary Ware in Turkey
Price for Iron or Steel Sanitary Ware in Turkey (FOB) - 2023
The average export price for sanitary ware and parts of iron or steel stood at $2.9 per unit in July 2023, rising by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in April 2023 when the average export price increased by 18% m-o-m. Over the period under review, the average export prices attained the peak figure in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($5.8 per unit), while the average price for exports to Slovenia ($996 per thousand units) 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 the Netherlands (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Sanitary Ware in Turkey (CIF) - 2023
The average import price for sanitary ware and parts of iron or steel stood at $5.2 per unit in July 2023, growing by 73% against the previous month. In general, import price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, iron or steel sanitary ware import price increased by +72.6% against June 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($36.4 per unit), while the price for Portugal ($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 the Netherlands (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Sanitary Ware in Turkey
In 2022, the amount of sanitary ware and parts of iron or steel exported from Turkey skyrocketed to 12M units, increasing by 40% against the year before. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +73.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron or steel sanitary ware exports soared to $27M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Iron or Steel Sanitary Ware in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | 536 | 330 | 1,214 | 2,879 | 75.1% |
Iraq | 1,007 | 785 | 1,209 | 1,778 | 20.9% |
Israel | 328 | 531 | 1,408 | 1,372 | 61.1% |
Morocco | 516 | 763 | 857 | 1,367 | 38.4% |
Uzbekistan | 422 | 494 | 805 | 1,363 | 47.8% |
Libya | 661 | 284 | 594 | 1,138 | 19.9% |
Russia | 566 | 383 | 453 | 1,098 | 24.7% |
Italy | 200 | 338 | 452 | 930 | 66.9% |
Poland | 206 | 325 | 839 | 874 | 61.9% |
Egypt | 713 | 641 | 1,480 | 871 | 6.9% |
Romania | 460 | 697 | 635 | 812 | 20.9% |
Serbia | 187 | 249 | 447 | 733 | 57.7% |
France | 248 | 315 | 515 | 508 | 27.0% |
Others | 9,644 | 9,324 | 10,246 | 11,236 | 5.2% |
Total | 15,694 | 15,460 | 21,154 | 26,960 | 19.8% |
Top Export Markets for Iron or Steel Sanitary Ware from Turkey in 2022:
- Slovenia (3648.5K units)
- Israel (741.8K units)
- Iraq (528.4K units)
- Egypt (512.7K units)
- Morocco (477.9K units)
- Libya (380.2K units)
- Uzbekistan (353.2K units)
- Romania (319.3K units)
- Serbia (312.8K units)
- Italy (298.4K units)
- Russia (277.6K units)
- Poland (259.3K units)
- France (235.7K units)
Imports of Iron or Steel Sanitary Ware in Turkey
In 2022, iron or steel sanitary ware imports into Turkey expanded remarkably to 3M units, picking up by 12% against 2021 figures. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 49%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, iron or steel sanitary ware imports soared to $11M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Iron or Steel Sanitary Ware in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.7 | 3.5 | 6.1 | 7.5 | 40.6% |
Italy | 0.5 | 0.6 | 0.6 | 0.7 | 11.9% |
Poland | N/A | N/A | N/A | 0.4 | 0% |
Austria | 0.2 | 0.2 | 0.5 | 0.3 | 14.5% |
Germany | 0.7 | 0.4 | 0.2 | 0.2 | -34.1% |
Slovakia | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.7 | 0.9 | 1.2 | 1.4 | 26.0% |
Total | 4.7 | 5.7 | 8.6 | 10.7 | 31.6% |
Top Suppliers of Iron or Steel Sanitary Ware to Turkey in 2022:
- China (2468.8K units)
- Poland (126.8K units)
- Italy (110.4K units)
- Austria (68.1K units)
- Slovakia (61.0K units)
- Germany (29.5K units)
This report provides an in-depth analysis of the market for iron or steel sanitary ware 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 25991131 - Sanitary ware and parts of sanitary ware of 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
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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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