Price for Navigational Instruments and Appliances; Parts and Accessories in Turkey - 2024
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Turkey (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Turkey (FOB) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Turkey
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Turkey
Price for Navigational Instruments and Appliances; Parts and Accessories in Turkey (CIF) - 2022
The average import price for navigational instruments and appliances; parts and accessorieses stood at $537,076 per ton in 2022, declining by -45.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 90%. Over the period under review, average import prices attained the peak figure at $986,869 per ton in 2021, and then declined dramatically in the following year.
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 the United States ($1,585,033 per ton), while the price for the Netherlands ($172,275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Turkey (FOB) - 2022
The average export price for navigational instruments and appliances; parts and accessorieses stood at $530,146 per ton in 2022, rising by 7.2% against the previous year. Overall, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,112,825 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,948,949 per ton), while the average price for exports to Qatar ($218,378 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Turkey
In 2022, imports of navigational instruments and appliances; parts and accessorieses into Turkey fell remarkably to 27 tons, waning by -59.3% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 167% against the previous year. As a result, imports attained the peak of 65 tons, and then dropped dramatically in the following year.
In value terms, imports of navigational instruments and appliances; parts and accessorieses dropped sharply to $14M in 2022. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 395% against the previous year. As a result, imports reached the peak of $65M, and then reduced remarkably in the following year.
Import of Navigational Instruments and Appliances; Parts and Accessories in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.1 | 0.3 | 1.1 | 5.6 | 282.6% |
United States | 2.4 | 1.2 | 2.7 | 3.6 | 14.5% |
Japan | 1.2 | 2.6 | 3.3 | 2.0 | 18.6% |
Netherlands | 0.1 | 0.4 | 0.7 | 0.7 | 91.3% |
Norway | 0.9 | 0.4 | 0.4 | 0.7 | -8.0% |
Germany | 13.5 | 7.0 | 54.8 | 0.6 | -64.6% |
Mexico | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
China | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Others | 1.2 | 0.9 | 1.1 | 0.7 | -16.4% |
Total | 19.6 | 13.0 | 64.6 | 14.3 | -10.0% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Turkey in 2022:
- Japan (9.9 tons)
- Italy (4.5 tons)
- Netherlands (4.0 tons)
- Norway (2.4 tons)
- United States (2.3 tons)
- China (0.9 tons)
- Mexico (0.7 tons)
- Germany (0.6 tons)
Exports of Navigational Instruments and Appliances; Parts and Accessories in Turkey
In 2022, shipments abroad of navigational instruments and appliances; parts and accessorieses was finally on the rise to reach 2.3 tons after two years of decline. In general, exports, however, saw a deep contraction.
In value terms, exports of navigational instruments and appliances; parts and accessorieses skyrocketed to $1.2M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 reached the peak and are likely to continue growth in the immediate term.
Export of Navigational Instruments and Appliances; Parts and Accessories in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 132 | 89.1 | 49.1 | 230 | 20.3% |
Russia | 8.0 | 69.2 | 24.0 | 219 | 201.4% |
Marshall Islands | 14.7 | 90.6 | 67.3 | 112 | 96.8% |
United Arab Emirates | 23.9 | 20.8 | 3.0 | 105 | 63.8% |
United States | 59.5 | 25.0 | 47.6 | 101 | 19.3% |
Philippines | N/A | 5.4 | 1.5 | 94.3 | 317.9% |
Malta | 48.0 | 56.4 | 43.2 | 47.9 | -0.1% |
Panama | 29.2 | 33.5 | 28.3 | 46.7 | 16.9% |
Norway | 286 | N/A | 11.1 | 31.0 | -52.3% |
Netherlands | 15.5 | 4.2 | 3.7 | 15.8 | 0.6% |
Qatar | 20.3 | N/A | N/A | 9.8 | -21.6% |
United Kingdom | 40.2 | 145 | 25.1 | 3.0 | -57.9% |
Finland | 10.5 | 97.3 | 66.0 | N/A | 150.7% |
Others | 280 | 377 | 350 | 203 | -10.2% |
Total | 968 | 1,013 | 720 | 1,219 | 8.0% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Turkey in 2022:
- Russia (667.0 kg)
- Philippines (379.0 kg)
- United Arab Emirates (270.0 kg)
- Norway (140.0 kg)
- Marshall Islands (138.0 kg)
- France (118.0 kg)
- Malta (116.0 kg)
- United States (58.0 kg)
- Panama (57.0 kg)
- Netherlands (52.0 kg)
- Qatar (45.0 kg)
- United Kingdom (11.0 kg)
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