Turkey: Bed-Convertible Seat Market 2024

Bed-Convertible Seat Market Size in Turkey

In 2022, the Turkish bed-convertible seat market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, recorded a slight downturn. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Bed-Convertible Seat Production in Turkey

In value terms, bed-convertible seat production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Bed-convertible seat production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Bed-Convertible Seat Exports

Exports from Turkey

In 2022, after three years of growth, there was significant decline in shipments abroad of seats convertible into beds, when their volume decreased by X% to X units. Over the period under review, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2021, and then dropped significantly in the following year.

In value terms, bed-convertible seat exports fell notably to $X in 2022. Overall, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Iraq (X units), Italy (X units) and Germany (X units) were the main destinations of bed-convertible seat exports from Turkey, with a combined X% share of total exports. The United States, Israel, France, Libya, the UK, Greece, Romania, Belgium, Saudi Arabia and Qatar lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for bed-convertible seat exported from Turkey were Iraq ($X), Italy ($X) and Germany ($X), together accounting for X% of total exports. The United States, Israel, France, Libya, the UK, Greece, Romania, Belgium, Saudi Arabia and Qatar lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average bed-convertible seat export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per unit) and the UK ($X per unit), while the average price for exports to Belgium ($X per unit) and Qatar ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced a decline.

Bed-Convertible Seat Imports

Imports into Turkey

In 2022, the amount of seats convertible into beds imported into Turkey reached X units, therefore, remained relatively stable against 2021 figures. Over the period under review, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, bed-convertible seat imports expanded to $X in 2022. In general, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Romania (X units), Slovakia (X units) and the Czech Republic (X units) were the main suppliers of bed-convertible seat imports to Turkey, together accounting for X% of total imports. China, Italy, Poland and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Slovakia ($X), Romania ($X) and the Czech Republic ($X) were the largest bed-convertible seat suppliers to Turkey, together comprising X% of total imports. Italy, China, Poland and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average bed-convertible seat import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Belgium ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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