Turkey - Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fully or Partly Automatic Arc Welding Machine in Turkey - 2023
Contents:
- Price for Fully or Partly Automatic Arc Welding Machine in Turkey (CIF) - 2023
- Price for Fully or Partly Automatic Arc Welding Machine in Turkey (FOB) - 2022
- Imports of Fully or Partly Automatic Arc Welding Machine in Turkey
- Exports of Fully or Partly Automatic Arc Welding Machine in Turkey
Price for Fully or Partly Automatic Arc Welding Machine in Turkey (CIF) - 2023
In October 2023, the average import price for fully or partly automatic electric machines for arc welding of metals amounted to $4,198 per unit, surging by 9.8% against the previous month. In general, the import price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in August 2023 an increase of 95% m-o-m. The import price peaked at $9,047 per unit in January 2023; afterwards, it flattened through to October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Japan ($10,908 per unit), while the price for Portugal ($978 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fully or Partly Automatic Arc Welding Machine in Turkey (FOB) - 2022
In 2022, the average export price for fully or partly automatic electric machines for arc welding of metals amounted to $6,913 per unit, picking up by 7.8% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fully or partly automatic electric machines for arc welding of metals increased by +113.2% against 2012 indices. The pace of growth appeared the most rapid in 2015 an increase of 7.9% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,370 per unit), while the average price for exports to Vietnam ($220 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 Zimbabwe (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fully or Partly Automatic Arc Welding Machine in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas purchases of fully or partly automatic electric machines for arc welding of metals, which increased by 83% to 20K units in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fully or partly automatic electric machines for arc welding of metals soared to $29M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fully or Partly Automatic Arc Welding Machine in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.6 | 5.7 | 4.8 | 7.5 | 27.7% |
Austria | 3.3 | 3.5 | 5.5 | 6.6 | 26.0% |
Spain | 0.4 | N/A | 0.1 | 5.2 | 135.1% |
China | 1.0 | 1.1 | 2.7 | 2.0 | 26.0% |
United States | 0.1 | 0.5 | 0.7 | 1.4 | 141.0% |
Italy | N/A | 0.2 | 0.9 | 1.2 | 144.9% |
Finland | 0.5 | 0.4 | 0.4 | 1.2 | 33.9% |
Poland | N/A | 0.5 | 1.0 | 1.0 | 41.4% |
Japan | 2.2 | 1.6 | 0.5 | 0.6 | -35.2% |
Others | 0.5 | 1.1 | 2.2 | 2.6 | 73.2% |
Total | 11.6 | 14.5 | 18.8 | 29.4 | 36.3% |
Top Suppliers of Fully or Partly Automatic Arc Welding Machine to Turkey in 2022:
- Spain (3.2K units)
- Germany (1.0K units)
- Austria (0.9K units)
- China (0.8K units)
- Poland (0.4K units)
- Italy (0.3K units)
- United States (0.3K units)
- Finland (0.2K units)
- Japan (0.1K units)
Exports of Fully or Partly Automatic Arc Welding Machine in Turkey
In 2022, the amount of fully or partly automatic electric machines for arc welding of metals exported from Turkey expanded notably to 1.4K units, increasing by 12% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. As a result, the exports reached the peak of 1.6K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fully or partly automatic electric machines for arc welding of metals skyrocketed to $9.7M in 2022. The total export value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 39%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Fully or Partly Automatic Arc Welding Machine in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 81.0 | 1,724 | 1,143 | 2,951 | 231.5% |
Bulgaria | 3.1 | 6.7 | 18.8 | 601 | 478.8% |
Bosnia and Herzegovina | 2.9 | 12.3 | 79.3 | 512 | 461.0% |
Qatar | 13.8 | 73.4 | 52.0 | 394 | 205.6% |
Iraq | 55.1 | 97.6 | 37.8 | 336 | 82.7% |
Saudi Arabia | 5.6 | 376 | 0.3 | 316 | 283.6% |
Egypt | 409 | 43.2 | 53.7 | 276 | -12.3% |
United States | 19.1 | N/A | N/A | 251 | 136.0% |
Zimbabwe | 3.8 | N/A | 100 | 177 | 259.8% |
Senegal | 62.3 | 67.1 | 146 | 175 | 41.1% |
Mexico | 390 | 212 | 118 | 139 | -29.1% |
Morocco | 1,122 | 349 | 201 | 98.5 | -55.6% |
Vietnam | N/A | N/A | N/A | 41.7 | 0% |
Others | 4,687 | 6,563 | 6,049 | 3,381 | -10.3% |
Total | 6,855 | 9,523 | 8,000 | 9,651 | 12.1% |
Top Export Markets for Fully or Partly Automatic Arc Welding Machine from Turkey in 2022:
- Russia (1245.0 units)
- Iraq (634.0 units)
- Bosnia and Herzegovina (612.0 units)
- United States (362.0 units)
- Bulgaria (323.0 units)
- Egypt (244.0 units)
- Mexico (235.0 units)
- Vietnam (190.0 units)
- Qatar (187.0 units)
- Saudi Arabia (173.0 units)
- Senegal (122.0 units)
- Zimbabwe (111.0 units)
- Morocco (97.0 units)
This report provides an in-depth analysis of the market for fully or partly automatic arc welding machine 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 27903154 - Fully or partly automatic electric machines for arc welding of metals (including plasma arc)
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
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