Turkey: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Turkey

In 2022, the Turkish chain scoops and sliders market increased by 23% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +35.0% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Turkey

In value terms, chain scoops and sliders production fell modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent expansion. The growth pace was the most rapid in 2018 when the production volume increased by 131% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Turkey

After two years of growth, shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips decreased by -11.6% to X tons in 2022. The total export volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, chain scoops and sliders exports reduced to $X in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 37%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Romania (X tons) and Tunisia (X tons) were the main destinations of chain scoops and sliders exports from Turkey, with a combined 36% share of total exports. Serbia, Portugal, Italy, Bulgaria, Morocco, the Netherlands, Egypt, Russia, Greece and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +52.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), Romania ($X) and Germany ($X) were the largest markets for chain scoops and sliders exported from Turkey worldwide, together accounting for 34% of total exports. Portugal, Italy, Morocco, Serbia, Bulgaria, the Netherlands, Russia, Greece, Egypt and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 43%.

Bosnia and Herzegovina, with a CAGR of +52.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chain scoops and sliders export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 8.4%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Turkey

In 2022, imports of chain scoops, sliders, runners, end pieces and narrow strips into Turkey surged to X tons, increasing by 40% on the previous year. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +105.5% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chain scoops and sliders imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest chain scoops and sliders supplier to Turkey, accounting for a 88% share of total imports. Moreover, chain scoops and sliders imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold. The third position in this ranking was held by Italy (X tons), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+7.7% per year) and Italy (+2.5% per year).

In value terms, China ($X) constituted the largest supplier of chain scoops, sliders, runners, end pieces and narrow strips to Turkey, comprising 61% of total imports. The second position in the ranking was taken by Italy ($X), with a 20% share of total imports. It was followed by Indonesia, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.2% per year) and Indonesia (+8.2% per year).

Import Prices by Country

In 2022, the average chain scoops and sliders import price amounted to $X per ton, dropping by -8.8% against the previous year. Overall, the import price showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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