Turkey - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRide-On Compaction Equipment Price in Turkey - 2023
Contents:
- Ride-On Compaction Equipment Price in Turkey (CIF) - 2023
- Ride-On Compaction Equipment Price in Turkey (FOB) - 2022
- Ride-On Compaction Equipment Imports in Turkey
- Ride-On Compaction Equipment Exports in Turkey
Ride-On Compaction Equipment Price in Turkey (CIF) - 2023
The average ride-on compaction equipment import price stood at $70,716 per unit in July 2023, with an increase of 5.8% against the previous month. Over the period under review, import price indicated a temperate increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, ride-on compaction equipment import price increased by +103.6% against April 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 80% month-to-month. Over the period under review, average import prices hit record highs at $72,675 per unit in February 2023; afterwards, it flattened through to July 2023.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($74,050 per unit), while the price for China ($66,474 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 Czech Republic (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ride-On Compaction Equipment Price in Turkey (FOB) - 2022
The average ride-on compaction equipment export price stood at $11,866 per unit in 2022, shrinking by -40.2% against the previous year. In general, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 70%. The export price peaked at $19,838 per unit in 2021, and then declined rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($66,349 per unit), while the average price for exports to Spain ($1,354 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 Belgium (+52.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ride-On Compaction Equipment Imports in Turkey
In 2022, overseas purchases of ride-on compaction equipment decreased by -12% to 446 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 88% against the previous year. Imports peaked at 507 units in 2021, and then dropped in the following year.
In value terms, ride-on compaction equipment imports fell notably to $23M in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 108% against the previous year. Imports peaked at $28M in 2021, and then contracted significantly in the following year.
| Import of Ride-On Compaction Equipment in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.3 | 13.9 | 15.8 | 11.0 | 27.6% |
| China | 2.6 | 4.9 | 7.2 | 8.3 | 47.2% |
| Czech Republic | 2.1 | 2.0 | 3.8 | 3.5 | 18.6% |
| India | N/A | N/A | 0.5 | 0.4 | -20.0% |
| Italy | N/A | 0.1 | 0.4 | 0.2 | 41.4% |
| Bulgaria | N/A | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.9 | 0.3 | N/A | -13.4% |
| Total | 10.5 | 21.8 | 27.9 | 23.4 | 30.6% |
Top Suppliers of Ride-On Compaction Equipment to Turkey in 2022:
- Germany (187.0 units)
- China (168.0 units)
- Czech Republic (73.0 units)
- India (8.0 units)
- Italy (7.0 units)
- Bulgaria (2.0 units)
Ride-On Compaction Equipment Exports in Turkey
In 2022, approx. 961 units of ride-on compaction equipment were exported from Turkey; jumping by 63% compared with 2021 figures. In general, exports, however, saw a deep slump. The exports peaked at 1.8K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ride-on compaction equipment exports declined to $11M in 2022. Over the period under review, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, the exports reached the maximum at $19M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Ride-On Compaction Equipment in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 1,381 | 809 | 4,131 | 1,864 | 10.5% |
| Turkmenistan | 7.0 | N/A | N/A | 1,623 | 514.3% |
| Egypt | 106 | 143 | 114 | 1,091 | 117.5% |
| Russia | 566 | 97.7 | 12.0 | 839 | 14.0% |
| Iraq | 2,183 | 1,550 | 524 | 610 | -34.6% |
| Georgia | 1,305 | 110 | 686 | 597 | -22.9% |
| Netherlands | 4,772 | 1,700 | 541 | 543 | -51.5% |
| Kazakhstan | 376 | 65.7 | 209 | 465 | 7.3% |
| Vietnam | 77.4 | 54.5 | 196 | 430 | 77.1% |
| Libya | N/A | 1.8 | 54.5 | 240 | 1054.7% |
| Italy | 40.4 | 24.3 | 37.6 | 85.7 | 28.5% |
| Spain | 83.5 | 51.1 | 119 | 71.8 | -4.9% |
| Denmark | 656 | N/A | N/A | N/A | 0% |
| Others | 7,063 | 4,387 | 5,081 | 2,942 | -25.3% |
| Total | 18,614 | 8,993 | 11,705 | 11,403 | -15.1% |
Top Export Markets for Ride-On Compaction Equipment from Turkey in 2022:
- Egypt (334.0 units)
- Russia (125.0 units)
- Turkmenistan (73.0 units)
- Iraq (54.0 units)
- Spain (53.0 units)
- Kazakhstan (48.0 units)
- Azerbaijan (38.0 units)
- Italy (29.0 units)
- Libya (28.0 units)
- Vietnam (16.0 units)
- Netherlands (15.0 units)
- Georgia (9.0 units)
This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and the like
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
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