Turkey - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectrical Insulating Fittings Price in Turkey - 2023
Contents:
- Electrical Insulating Fittings Price in Turkey (CIF) - 2023
- Electrical Insulating Fittings Price in Turkey (FOB) - 2023
- Electrical Insulating Fittings Imports in Turkey
- Electrical Insulating Fittings Exports in Turkey
Electrical Insulating Fittings Price in Turkey (CIF) - 2023
The average electrical insulating fittings import price stood at $30,883 per ton in September 2023, which is down by -5.7% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 7.9% month-to-month. As a result, import price reached the peak level of $32,737 per ton, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($65,980 per ton), while the price for Vietnam ($21,047 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Electrical Insulating Fittings Price in Turkey (FOB) - 2023
In September 2023, the average electrical insulating fittings export price amounted to $11,276 per ton, falling by -18.6% against the previous month. Over the period under review, the export price showed a perceptible decrease. The growth pace was the most rapid in April 2023 an increase of 27% m-o-m. The export price peaked at $14,383 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($75,326 per ton), while the average price for exports to Ireland ($4,351 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Insulating Fittings Imports in Turkey
In 2022, approx. 4.7K tons of electrical insulating fittings of plastics were imported into Turkey; surging by 17% on 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% 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 +45.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, electrical insulating fittings imports expanded significantly to $147M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Electrical Insulating Fittings in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 19.6 | 19.9 | 27.8 | 29.8 | 15.0% |
Germany | 16.6 | 14.9 | 19.1 | 22.1 | 10.0% |
Italy | 10.9 | 11.9 | 13.5 | 12.8 | 5.5% |
China | 6.5 | 7.0 | 9.3 | 12.3 | 23.7% |
South Korea | 4.0 | 7.8 | 11.5 | 10.8 | 39.2% |
Belgium | 3.2 | 3.1 | 4.7 | 8.8 | 40.1% |
Hungary | 6.7 | 6.3 | 7.5 | 7.1 | 2.0% |
Thailand | 2.5 | 2.7 | 4.3 | 6.7 | 38.9% |
Mexico | 2.5 | 2.9 | 3.6 | 4.7 | 23.4% |
France | 6.6 | 5.2 | 5.3 | 4.7 | -10.7% |
Vietnam | 2.0 | 2.3 | 3.2 | 4.5 | 31.0% |
Czech Republic | 2.6 | 2.0 | 2.7 | 3.5 | 10.4% |
Spain | 2.0 | 1.9 | 1.6 | 1.8 | -3.5% |
Others | 12.6 | 13.5 | 17.3 | 17.3 | 11.1% |
Total | 98.4 | 101 | 131 | 147 | 14.3% |
Top Suppliers of Electrical Insulating Fittings to Turkey in 2022:
- Japan (996.2 tons)
- Germany (670.1 tons)
- South Korea (398.8 tons)
- Italy (395.6 tons)
- China (366.7 tons)
- Thailand (288.6 tons)
- Belgium (219.8 tons)
- Hungary (213.9 tons)
- France (175.9 tons)
- Vietnam (171.1 tons)
- Spain (93.3 tons)
- Mexico (92.9 tons)
- Czech Republic (87.6 tons)
Electrical Insulating Fittings Exports in Turkey
In 2022, the amount of electrical insulating fittings of plastics exported from Turkey dropped to 1.2K tons, with a decrease of -8.4% compared with the previous year's figure. In general, exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 when exports increased by 43% against the previous year.
In value terms, electrical insulating fittings exports rose to $15M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 +66.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 59%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Electrical Insulating Fittings in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 1,574 | 2,160 | 3,791 | 2,548 | 17.4% |
Russia | 10.0 | 115 | 128 | 1,442 | 424.4% |
Spain | 417 | 519 | 1,411 | 1,111 | 38.6% |
Egypt | 649 | 509 | 837 | 1,030 | 16.6% |
France | 543 | 621 | 870 | 837 | 15.5% |
Romania | 647 | 912 | 722 | 762 | 5.6% |
Bulgaria | 3,404 | 195 | 444 | 625 | -43.2% |
Poland | 193 | 343 | 639 | 594 | 45.5% |
India | 494 | 349 | 324 | 537 | 2.8% |
Germany | 186 | 210 | 273 | 483 | 37.4% |
Iraq | 636 | 243 | 430 | 309 | -21.4% |
United Kingdom | 178 | 168 | 273 | 182 | 0.7% |
Greece | 78.1 | 52.9 | 70.7 | 104 | 10.0% |
Others | 2,566 | 2,727 | 4,262 | 4,614 | 21.6% |
Total | 11,574 | 9,123 | 14,474 | 15,179 | 9.5% |
Top Export Markets for Electrical Insulating Fittings from Turkey in 2022:
- Egypt (172.4 tons)
- Spain (143.2 tons)
- Russia (87.8 tons)
- Romania (86.4 tons)
- Poland (79.7 tons)
- South Korea (69.0 tons)
- Germany (62.2 tons)
- Iraq (42.0 tons)
- France (33.9 tons)
- India (33.5 tons)
- United Kingdom (28.7 tons)
- Bulgaria (28.5 tons)
- Greece (26.8 tons)
This report provides an in-depth analysis of the electrical insulating fittings 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 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)
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
This report provides an in-depth analysis of the electrical insulating fittings market in Turkey.
This report provides an in-depth analysis of the insulating fittings market in Turkey.
This report provides an in-depth analysis of the ceramic insulating fittings market in Turkey.
This report provides an in-depth analysis of the global electrical insulating fittings market.
This report provides an in-depth analysis of the global insulating fittings market.
This report provides an in-depth analysis of the global ceramic insulating fittings market.
This report provides an in-depth analysis of the electrical insulating fittings market in Turkey.
This report provides an in-depth analysis of the insulating fittings market in Turkey.
This report provides an in-depth analysis of the ceramic insulating fittings market in Turkey.
This report provides an in-depth analysis of the global electrical insulating fittings market.
In value terms, electrical insulators of any material imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend p...
In value terms, electrical insulators of any material exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern r...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
Germany continued its dominance in the global electrical insulating plastic fittings trade. In 2014, Germany exported X thousand tons of electrical insulating plastic fittings totaling X million USD, X% over the previous year. Its primary tradi
In value terms, electrical insulators of any material imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend p...
In value terms, electrical insulators of any material exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern r...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
Germany continued its dominance in the global electrical insulating plastic fittings trade. In 2014, Germany exported X thousand tons of electrical insulating plastic fittings totaling X million USD, X% over the previous year. Its primary tradi