Turkey - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPacemaker Price in Turkey - 2023
Contents:
- Pacemaker Price in Turkey (CIF) - 2023
- Pacemaker Price in Turkey (FOB) - 2022
- Pacemaker Imports in Turkey
- Pacemaker Exports in Turkey
Pacemaker Price in Turkey (CIF) - 2023
The average pacemaker import price stood at $872 per unit in September 2023, waning by -26% against the previous month. Over the period under review, the import price showed a pronounced descent. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 61% against the previous month. As a result, import price attained the peak level of $1,975 per unit. From July 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,097 per unit), while the price for Singapore ($254 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Pacemaker Price in Turkey (FOB) - 2022
The average pacemaker export price stood at $788 per unit in 2022, leveling off at the previous year. In general, the export price, however, recorded a deep slump. The pace of growth was the most pronounced in 2018 an increase of 408% against the previous year. The export price peaked at $4,084 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($1,296 per unit), while the average price for exports to Belgium ($189 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.
Pacemaker Imports in Turkey
After two years of decline, purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) increased by 2.4% to 24K units in 2022. Over the period under review, imports, however, saw a mild shrinkage. Over the period under review, imports reached the peak figure at 25K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, pacemaker imports expanded modestly to $26M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 28%. As a result, imports attained the peak of $31M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Pacemaker in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 14.0 | 20.8 | 13.6 | 10.7 | -8.6% |
| Germany | 0.8 | 1.2 | 2.3 | 5.9 | 94.6% |
| Ireland | 4.6 | 4.3 | 4.1 | 4.5 | -0.7% |
| United States | 1.6 | 1.7 | 2.1 | 2.8 | 20.5% |
| Singapore | 2.1 | 1.9 | 2.1 | 1.6 | -8.7% |
| Malaysia | 1.0 | 1.1 | 0.7 | 0.5 | -20.6% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 24.1 | 31.0 | 24.9 | 26.0 | 2.6% |
Top Suppliers of Pacemaker to Turkey in 2022:
- Singapore (5.9K units)
- Switzerland (5.3K units)
- Germany (5.0K units)
- Ireland (4.7K units)
- United States (1.7K units)
- Malaysia (1.4K units)
Pacemaker Exports in Turkey
In 2022, overseas shipments of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by -65.2% to 504 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. The exports peaked at 1.4K units in 2021, and then dropped rapidly in the following year.
In value terms, pacemaker exports dropped remarkably to $397K in 2022. In general, exports saw a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Pacemaker in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 412 | 343 | 279 | 210 | -20.1% |
| Ireland | 56.0 | 22.3 | N/A | 94.4 | 19.0% |
| Belgium | 290 | 245 | 95.5 | 30.3 | -52.9% |
| Kyrgyzstan | N/A | N/A | 108 | 27.2 | -74.8% |
| Germany | 3.0 | 2.4 | 128 | 20.1 | 88.5% |
| Azerbaijan | 60.0 | 123 | 57.3 | 7.8 | -49.3% |
| Libya | 11.7 | 104 | 27.2 | 6.1 | -19.5% |
| Oman | 82.5 | 111 | 148 | N/A | 33.9% |
| Netherlands | 310 | 507 | 260 | N/A | -8.4% |
| Others | 1.7 | 12.2 | 25.1 | 0.8 | -22.2% |
| Total | 1,226 | 1,470 | 1,129 | 397 | -31.3% |
Top Export Markets for Pacemaker from Turkey in 2022:
- Cyprus (188.0 units)
- Belgium (160.0 units)
- Ireland (79.0 units)
- Germany (29.0 units)
- Kyrgyzstan (21.0 units)
- Azerbaijan (14.0 units)
- Libya (10.0 units)
This report provides an in-depth analysis of the pacemaker 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 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)
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
-
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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