Turkey - Iron Or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends And Insights
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Turkey - Iron Or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends And Insights

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Aug 22, 2023

Price of Metal Flex Tubes in Turkey Skyrockets to $13.4 per kg

Turkey Metal Flexible Tubing Export Price in March 2023

In March 2023, the metal flexible tubing price stood at $13,405 per ton (FOB, Turkey), surging by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($38,876 per ton), while the average price for exports to Romania ($3,399 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Metal Flexible Tubing Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Metal Flexible Tubing in Turkey (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
Russia8,30711,15360,37111,21811,15112,39310,7449,2389,45612,16713,8236,30938,876
Germany16,74219,24914,74215,80119,14615,54314,26213,76917,2719,88211,06813,76115,768
United Kingdom11,49814,49912,93010,92811,93411,57110,99310,99612,59611,33212,98111,96612,937
Poland12,34212,01610,82611,57711,82212,3979,83711,03010,12710,99610,7409,91411,402
Denmark17,95722,23613,86515,48020,11117,41815,57818,16213,28316,18017,8175,63511,361
Italy10,83012,55510,93713,65413,16512,96911,56311,08812,95710,53410,30512,74410,201
Romania2,7405,6572,9133,9653,2482,7123,5803,3814,2193,4632,8663,5203,399
Average11,62612,16512,18211,02412,54813,19811,74511,88011,50312,00511,55111,57513,405

Turkey Metal Flexible Tubing Exports

In March 2023, approximately 775 tons of iron or steel flexible tubing were exported from Turkey; growing by 25% compared with February 2023. Overall, exports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in June 2022 with an increase of 49% against the previous month.

In value terms, metal flexible tubing exports skyrocketed to $10M (IndexBox estimates) in March 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.

Turkey Metal Flexible Tubing Exports by Country

Germany (136 tons) was the main destination for metal flexible tubing exports from Turkey, with a 18% share of total exports. Moreover, metal flexible tubing exports to Germany exceeded the volume sent to the second major destination, Italy (59 tons), twofold. The UK (57 tons) ranked third in terms of total exports with a 7.4% share.

From March 2022 to March 2023, the average monthly growth rate of volume to Germany stood at +4.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Italy (-0.9% per month) and the UK (+3.1% per month).

In value terms, Germany ($2.1M) remains the key foreign market for metal flexible tubing exports from Turkey, comprising 21% of total exports. The second position in the ranking was taken by the UK ($740K), with a 7.1% share of total exports. It was followed by France, with a 6.7% share.

From March 2022 to March 2023, the average monthly rate of growth in terms of value to Germany totaled +3.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (+4.1% per month) and France (-7.9% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal flexible tubing 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 25992983 - Iron or steel flexible tubing (excluding rubber tubing incorporating or fitted with external metallic reinforcements, f lexible tubing made into the form of machinery or vehicle parts)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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