Turkey - Domestic Electro-Thermic Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Electro-Thermic Appliances Price in Turkey - 2023
Contents:
- Domestic Electro-Thermic Appliances Price in Turkey (FOB) - 2022
- Domestic Electro-Thermic Appliances Price in Turkey (CIF) - 2022
- Domestic Electro-Thermic Appliances Exports in Turkey
- Domestic Electro-Thermic Appliances Imports in Turkey
Domestic Electro-Thermic Appliances Price in Turkey (FOB) - 2022
The average domestic electro-thermic appliances export price stood at $76 per unit in 2022, reducing by -4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 16% against the previous year. As a result, the export price attained the peak level of $79 per unit, and then reduced slightly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($128 per unit), while the average price for exports to Egypt ($12 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 Iraq (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Electro-Thermic Appliances Price in Turkey (CIF) - 2022
In 2022, the average domestic electro-thermic appliances import price amounted to $16 per unit, declining by -34.8% against the previous year. Overall, the import price recorded a perceptible setback. The growth pace was the most rapid in 2013 an increase of 8.9% against the previous year. Over the period under review, average import prices attained the peak figure at $29 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($86 per unit), while the price for China ($8.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Domestic Electro-Thermic Appliances Exports in Turkey
In 2022, after three years of growth, there was decline in shipments abroad of domestic electro-thermic appliances, when their volume decreased by -4.3% to 18M units. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, the exports reached the peak of 19M units, and then fell slightly in the following year.
In value terms, domestic electro-thermic appliances exports fell to $1.3B in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. As a result, the exports attained the peak of $1.5B, and then shrank in the following year.
| Export of Domestic Electro-Thermic Appliances in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 153 | 147 | 196 | 157 | 0.9% |
| France | 130 | 113 | 151 | 132 | 0.5% |
| Germany | 76.4 | 81.5 | 101 | 114 | 14.3% |
| Russia | 66.3 | 68.8 | 79.6 | 90.3 | 10.8% |
| Italy | 50.5 | 52.5 | 79.5 | 72.9 | 13.0% |
| Spain | 54.0 | 53.0 | 68.5 | 61.2 | 4.3% |
| Greece | 30.1 | 28.9 | 32.9 | 31.4 | 1.4% |
| Romania | 26.8 | 28.5 | 34.5 | 27.4 | 0.7% |
| Israel | 20.5 | 19.7 | 33.9 | 27.2 | 9.9% |
| Iraq | 16.5 | 22.9 | 22.3 | 24.1 | 13.5% |
| Ukraine | 14.1 | 15.1 | 21.7 | 19.1 | 10.6% |
| Libya | 17.3 | 11.0 | 15.0 | 11.9 | -11.7% |
| Egypt | 6.6 | 7.1 | 10.9 | 6.5 | -0.5% |
| Others | 428 | 469 | 625 | 574 | 10.3% |
| Total | 1,089 | 1,118 | 1,472 | 1,349 | 7.4% |
Top Export Markets for Domestic Electro-Thermic Appliances from Turkey in 2022:
- United Kingdom (1.2M units)
- Germany (1.2M units)
- Russia (1.1M units)
- France (1.0M units)
- Italy (0.8M units)
- Greece (0.7M units)
- Iraq (0.6M units)
- Spain (0.6M units)
- Ukraine (0.5M units)
- Egypt (0.5M units)
- Israel (0.5M units)
- Romania (0.4M units)
- Libya (0.4M units)
Domestic Electro-Thermic Appliances Imports in Turkey
Domestic electro-thermic appliances imports into Turkey soared to 27M units in 2022, increasing by 137% against the previous year. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, domestic electro-thermic appliances imports surged to $426M in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Domestic Electro-Thermic Appliances in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.6 | 78.1 | 111 | 202 | 50.2% |
| Romania | 6.0 | 14.7 | 27.8 | 47.5 | 99.3% |
| Germany | 12.8 | 20.4 | 25.1 | 31.9 | 35.6% |
| Malaysia | 22.2 | 17.1 | 22.0 | 30.4 | 11.0% |
| France | 18.7 | 15.7 | 18.4 | 16.5 | -4.1% |
| Spain | 11.8 | 8.1 | 8.9 | 11.0 | -2.3% |
| Others | 45.5 | 51.9 | 62.3 | 86.5 | 23.9% |
| Total | 177 | 206 | 275 | 426 | 34.0% |
Top Suppliers of Domestic Electro-Thermic Appliances to Turkey in 2022:
- China (23.4M units)
- Romania (0.7M units)
- Malaysia (0.7M units)
- France (0.4M units)
- Germany (0.4M units)
- Spain (0.2M units)
This report provides an in-depth analysis of the domestic electro-thermic appliances 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 27512490 - Electro-thermic appliances, for domestic use (excluding hairdressing appliances and hand dryers, space-heating and soil-heating apparatus, water heaters, immersion heaters, s moothing irons, microwave ovens, ovens, cookers, cooking plates, boiling rings, grillers, roasters, coffee makers, tea makers and toasters)
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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