Turkey: Bar Draw-Bench Market 2025

Bar Draw-Bench Market Size in Turkey

In 2021, the Turkish bar draw-bench market increased by 153% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, recorded a perceptible slump. Bar draw-bench consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Bar Draw-Bench Production in Turkey

In value terms, bar draw-bench production contracted to $X in 2021 estimated in export price. Overall, production showed buoyant growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 158%. Bar draw-bench production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Bar Draw-Bench Exports

Exports from Turkey

In 2021, overseas shipments of draw-benches for bars, tubes, profiles, wire or the like increased by 340% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bar draw-bench exports skyrocketed to $X in 2021. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 269% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Iraq (X units), Israel (X units) and Armenia (X units) were the main destinations of bar draw-bench exports from Turkey, with a combined 66% share of total exports. Serbia, Russia, Bulgaria, Ghana, Lebanon, Ethiopia, Venezuela and Pakistan lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Ghana (with a CAGR of +112.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bar draw-bench exported from Turkey were Iraq ($X), Israel ($X) and Armenia ($X), together accounting for 47% of total exports. Serbia, Russia, Ethiopia, Bulgaria, Ghana, Lebanon, Venezuela and Pakistan lagged somewhat behind, together comprising a further 24%.

In terms of the main countries of destination, Serbia, with a CAGR of +192.6%, recorded the highest growth rate of 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

In 2021, the average bar draw-bench export price amounted to $X per unit, with a decrease of -30.3% against the previous year. In general, the export price recorded a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 309% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Pakistan ($X per unit), while the average price for exports to Armenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.

Bar Draw-Bench Imports

Imports into Turkey

In 2021, supplies from abroad of draw-benches for bars, tubes, profiles, wire or the like was finally on the rise to reach X units after two years of decline. Overall, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bar draw-bench imports skyrocketed to $X in 2021. In general, imports showed a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X units), Germany (X units) and Slovenia (X units) were the main suppliers of bar draw-bench imports to Turkey, together comprising 49% of total imports. These countries were followed by China, the United Arab Emirates, Italy, the Czech Republic, Spain, the UK and Taiwan (Chinese), which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +81.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bar draw-bench suppliers to Turkey were Austria ($X), Italy ($X) and Germany ($X), together accounting for 73% of total imports. These countries were followed by China, Slovenia, Taiwan (Chinese), the Czech Republic, Spain, the UK and the United Arab Emirates, which together accounted for a further 21%.

The Czech Republic, with a CAGR of +13.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bar draw-bench import price stood at $X per unit in 2021, declining by -74.7% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 116% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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