Turkey - Electrical Resistors (Except Heating Resistors) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingResistor Price in Turkey - 2023
Contents:
- Resistor Price in Turkey (CIF) - 2022
- Resistor Price in Turkey (FOB) - 2022
- Resistor Imports in Turkey
- Resistor Exports in Turkey
Resistor Price in Turkey (CIF) - 2022
The average resistor import price stood at $7.4 per thousand units in 2022, surging by 33% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, resistor import price increased by +75.9% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($42 per thousand units), while the price for Taiwan (Chinese) ($3.3 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Resistor Price in Turkey (FOB) - 2022
The average resistor export price stood at $31 per thousand units in 2022, dropping by -10.6% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the average export price increased by 63%. Over the period under review, the average export prices reached the peak figure at $45 per thousand units in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($38 per thousand units), while the average price for exports to Poland ($7.3 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Resistor Imports in Turkey
In 2022, overseas purchases of electrical resistors (except heating resistors) decreased by -29.6% to 10B units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 15B units, and then reduced rapidly in the following year.
In value terms, resistor imports fell to $75M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of $81M, and then fell in the following year.
Import of Resistor in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 17.6 | 20.8 | 33.5 | 26.4 | 14.5% |
Indonesia | 3.0 | 3.5 | 7.2 | 7.8 | 37.5% |
Germany | 7.8 | 6.1 | 4.8 | 4.9 | -14.4% |
United States | 3.5 | 3.3 | 4.4 | 4.4 | 7.9% |
Japan | 2.4 | 2.0 | 3.0 | 3.8 | 16.6% |
Taiwan (Chinese) | 1.3 | 1.7 | 2.6 | 3.0 | 32.1% |
Israel | 2.0 | 1.5 | 1.1 | 2.5 | 7.7% |
Luxembourg | 1.7 | 1.6 | 1.5 | 1.7 | 0.0% |
Italy | 1.7 | 2.0 | 2.4 | 1.4 | -6.3% |
Others | 16.1 | 15.9 | 20.3 | 19.3 | 6.2% |
Total | 57.3 | 58.4 | 80.6 | 75.3 | 9.5% |
Top Suppliers of Resistor to Turkey in 2022:
- China (7.0B units)
- Taiwan (Chinese) (0.9B units)
- Italy (0.4B units)
- Germany (0.3B units)
- Israel (0.2B units)
- Indonesia (0.2B units)
- Luxembourg (0.2B units)
- Japan (0.2B units)
- United States (0.2B units)
Resistor Exports in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of electrical resistors (except heating resistors), which increased by 10% to 288M units in 2022. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, resistor exports shrank modestly to $8.9M in 2022. The total export value increased at an average annual rate of +11.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. The exports peaked at $9M in 2021, and then dropped in the following year.
Export of Resistor in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 148 | 838 | 167 | 891 | 81.9% |
Iraq | 230 | 284 | 565 | 831 | 53.4% |
Russia | 554 | 141 | 238 | 603 | 2.9% |
Germany | 112 | 158 | 259 | 289 | 37.2% |
France | 301 | 236 | 225 | 284 | -1.9% |
Indonesia | 488 | 285 | 302 | 258 | -19.1% |
Italy | 239 | 180 | 169 | 246 | 1.0% |
Iran | 174 | 137 | 158 | 189 | 2.8% |
Azerbaijan | 170 | 181 | 219 | 163 | -1.4% |
Bulgaria | 120 | 194 | 224 | 148 | 7.2% |
Spain | 55.8 | 55.7 | 85.0 | 132 | 33.2% |
Poland | 37.4 | 70.8 | 142 | 111 | 43.7% |
Belarus | 3.3 | 9.2 | 44.6 | 93.2 | 204.5% |
Others | 3,807 | 5,221 | 6,236 | 4,682 | 7.1% |
Total | 6,440 | 7,990 | 9,032 | 8,918 | 11.5% |
Top Export Markets for Resistor from Turkey in 2022:
- Iraq (29.4M units)
- Russia (27.2M units)
- United Arab Emirates (23.5M units)
- Iran (15.7M units)
- Poland (15.2M units)
- Germany (14.9M units)
- Spain (11.3M units)
- Bulgaria (10.4M units)
- Indonesia (8.8M units)
- France (7.4M units)
- Italy (7.3M units)
- Belarus (6.4M units)
- Azerbaijan (6.4M units)
This report provides an in-depth analysis of the resistor 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 27906035 - Fixed electrical resistors for a power handling capacity . .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
- Prodcom 27906037 - Fixed electrical resistors for a power handling capacity > .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
- Prodcom 27906055 - Wirewound variable resistors for a power handling capacity. .20 W
- Prodcom 27906057 - Wirewound variable resistors for a power handling capacity > .20 W
- Prodcom 27906080 - Fixed carbon resistors, composition or film types (excluding heating resistors), electrical variable resistors, including rheostats and potentiometers (excluding wirewound variable resistors and heating resistors)
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 resistor market in Turkey.
This report provides an in-depth analysis of the fixed carbon resistor market in Turkey.
This report provides an in-depth analysis of the global resistor market.
This report provides an in-depth analysis of the global fixed carbon resistor market.
This report provides an in-depth analysis of the resistor market in Turkey.
This report provides an in-depth analysis of the fixed carbon resistor market in Turkey.
This report provides an in-depth analysis of the global resistor market.
This report provides an in-depth analysis of the global fixed carbon resistor market.
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