Price for Floating or Submersible Drilling or Production Platforms in Turkey - 2023

Contents:

  1. Price for Floating or Submersible Drilling or Production Platforms in Turkey (CIF) - 2022
  2. Price for Floating or Submersible Drilling or Production Platforms in Turkey (FOB) - 2022
  3. Imports of Floating or Submersible Drilling or Production Platforms in Turkey
  4. Exports of Floating or Submersible Drilling or Production Platforms in Turkey

Price for Floating or Submersible Drilling or Production Platforms in Turkey (CIF) - 2022

In 2022, the average import price for floating or submersible drilling or production platformses amounted to $7,337,152 per unit, rising by 340% against the previous year. Over the period under review, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2016 an increase of 4,433%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +83.3% per year.

Price for Floating or Submersible Drilling or Production Platforms in Turkey (FOB) - 2022

In 2022, the average export price for floating or submersible drilling or production platformses amounted to $18,850 per unit, shrinking by -97.8% against the previous year. Over the period under review, the export price showed a sharp setback. The most prominent rate of growth was recorded in 2020 an increase of 2,943% against the previous year. Over the period under review, the average export prices reached the maximum at $4,098,055 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Marshall Islands.

From 2012 to 2022, the rate of growth in terms of prices for Gabon amounted to +1.0% per year.

Imports of Floating or Submersible Drilling or Production Platforms in Turkey

In 2022, supplies from abroad of floating or submersible drilling or production platformses was finally on the rise to reach 5 units after two years of decline. In general, imports, however, continue to indicate a dramatic setback. Over the period under review, imports of reached the peak figure at 11 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of floating or submersible drilling or production platformses skyrocketed to $37M in 2022. Overall, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Floating or Submersible Drilling or Production Platforms in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A3.936.7841.0%
Gabon18.4N/AN/AN/A0%
United Kingdom0.81.20.1N/A-64.6%
United Arab EmiratesN/AN/AN/AN/A0%
SingaporeN/A4.7N/AN/A0%
United States4.73.01.0N/A-53.9%
OthersN/AN/AN/AN/A0%
Total23.98.85.036.715.4%

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Turkey in 2022:

  1. China (5.0 units)

Exports of Floating or Submersible Drilling or Production Platforms in Turkey

In 2022, overseas shipments of floating or submersible drilling or production platformses decreased by -85.7% to 1 units, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of 9 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of floating or submersible drilling or production platformses reduced markedly to $19K in 2022. Overall, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 3,323% against the previous year. Over the period under review, the exports of hit record highs at $5.9M in 2021, and then shrank notably in the following year.

Export of Floating or Submersible Drilling or Production Platforms in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall IslandsN/AN/AN/A18.90%
Cote d'IvoireN/A1.11.2N/A9.1%
China2.473.168.3N/A433.5%
Gabon1083,9694,534N/A547.9%
Rwanda4.12746.9N/A29.7%
Azerbaijan0.10.83.5N/A491.6%
GreeceN/A7.0N/AN/A0%
United Arab EmiratesN/A88.5N/AN/A0%
Libya0.7N/AN/AN/A0%
Saudi Arabia0.12.92.5N/A400.0%
Brazil34.67191,251N/A501.3%
OthersN/AN/AN/AN/A0%
Total1505,1355,86618.9-49.9%

Top Export Markets for Floating or Submersible Drilling or Production Platforms from Turkey in 2022:

  1. Marshall Islands (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Floating or submersible drilling or production platforms - Turkey