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Turkey - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Turkey - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights

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Apr 24, 2023

Turkey Shaft Coupling Price Reaches $25.5 per kg After 4 Months of Growth

Turkey Shaft Coupling Import Price in December 2022

In December 2022, the shaft coupling price stood at $25,487 per ton (CIF, Turkey), rising by 36% against the previous month. Over the period under review, import price indicated buoyant growth from December 2021 to December 2022: its price increased at an average monthly rate of +5.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, shaft coupling import price increased by +47.8% against July 2022 indices. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 49% m-o-m. Over the period under review, average import prices reached the peak figure in December 2022.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($156K per ton), while the price for China ($5,775 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYDec 2021Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022
Import Price of Shaft Coupling in Turkey (USD per ton)
United Kingdom53,01927,87194,66129,351179,783124,20444,32638,284112,85629,93156,65972,195156,399
United States97,15280,37768,349190,189157,96897,993158,24379,607108,067156,000133,64487,35358,656
Germany25,05023,73026,17728,39330,78822,81030,39031,51432,36527,15331,53124,97931,632
Japan43,41950,04192,13149,03135,99837,50179,50645,09635,69624,225123,89843,05927,533
Sweden82,46228,48442,48144,9128,53432,97328,19926,84126,56843,10825,73329,27526,429
Italy11,19226,93826,76417,72815,75217,66419,85920,76716,58017,75319,27819,51620,675
Austria18,97218,46424,15428,82529,98336,55715,70168,60820,01525,12311,32717,25911,368
South Korea10,4397,89719,90915,34416,80311,22111,88711,16414,77516,4467,28021,85211,172
China4,3915,7832,9545,2017,3475,9414,5364,2235,5695,6824,6136,5225,775
Average13,61515,13411,50815,22922,62316,55112,08717,24015,42116,11816,47918,76125,487

Turkey Shaft Coupling Imports

In December 2022, the amount of clutches and shaft couplings imported into Turkey dropped slightly to 243 tons, which is down by -4.9% on the previous month. Overall, imports recorded a slight setback. The pace of growth was the most pronounced in February 2022 with an increase of 88% m-o-m. As a result, imports reached the peak of 355 tons. From March 2022 to December 2022, the growth of imports remained at a somewhat lower figure.

In value terms, shaft coupling imports soared to $6.2M (IndexBox estimates) in December 2022. Over the period under review, total imports indicated a temperate increase from December 2021 to December 2022: its value increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, imports increased by +52.4% against October 2022 indices. The growth pace was the most rapid in February 2022 when imports increased by 43% month-to-month. Imports peaked in December 2022.

Turkey Shaft Coupling Imports by Country

China (87 tons), Germany (71 tons) and Italy (34 tons) were the main suppliers of shaft coupling imports to Turkey, with a combined 80% share of total imports. These countries were followed by the UK, Austria, South Korea, the United States, Sweden and Japan, which together accounted for a further 15%.

From December 2021 to December 2022, the biggest increases were in Sweden (with a CAGR of +18.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest shaft coupling suppliers to Turkey were Germany ($2.2M), the UK ($1.4M) and Italy ($711K), with a combined 71% share of total imports.

In terms of the main suppliers, the UK, with a CAGR of +29.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shaft coupling 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 28152600 - Clutches and shaft couplings (including universal joints)

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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