Turkey: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Turkey

The Turkish domestic electro-thermic appliances market dropped to $X in 2022, which is down by X% against the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2021, and then reduced in the following year.

Domestic Electro-Thermic Appliances Production in Turkey

In value terms, domestic electro-thermic appliances production reduced markedly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of X%. Domestic electro-thermic appliances production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Domestic Electro-Thermic Appliances Exports

Exports from Turkey

In 2022, shipments abroad of domestic electro-thermic appliances decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then contracted in the following year.

In value terms, domestic electro-thermic appliances exports reduced to $X in 2022. Overall, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

The UK (X units), Germany (X units) and Russia (X units) were the main destinations of domestic electro-thermic appliances exports from Turkey, together comprising X% of total exports. France, Italy, Greece, Iraq, Spain, Egypt, Ukraine, Israel, Libya and Romania lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for domestic electro-thermic appliances exported from Turkey were the UK ($X), France ($X) and Germany ($X), with a combined X% share of total exports. Russia, Italy, Spain, Greece, Romania, Israel, Iraq, Ukraine, Libya and Egypt lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Spain, 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 more modest paces of growth.

Export Prices by Country

The average domestic electro-thermic appliances export price stood at $X per unit in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per unit, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Egypt ($X per unit) was amongst the lowest.

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

Domestic Electro-Thermic Appliances Imports

Imports into Turkey

In 2022, purchases abroad of domestic electro-thermic appliances increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, domestic electro-thermic appliances imports skyrocketed to $X in 2022. Overall, imports enjoyed pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest domestic electro-thermic appliances supplier to Turkey, accounting for a X% share of total imports. It was followed by Romania (X units), with a X% share of total imports. Malaysia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (X% per year) and Malaysia (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic electro-thermic appliances to Turkey, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (X% per year) and Germany (X% per year).

Import Prices by Country

The average domestic electro-thermic appliances import price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2013 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Indonesia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform