Report Update Nov 1, 2024

Turkey - Dumpers for Off-Highway Use - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Turkey

In 2021, the Turkish off-highway dumper market increased by 160% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a resilient increase. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Off-Highway Dumper Exports

Exports from Turkey

In 2021, after two years of decline, there was significant growth in overseas shipments of dumpers for off-highway use, when their volume increased by 204% to X units. In general, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 1,258%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, off-highway dumper exports skyrocketed to $X in 2021. Overall, exports, however, saw a noticeable setback. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Iraq (X units), Liberia (X units) and North Macedonia (X units) were the main destinations of off-highway dumper exports from Turkey, with a combined 66% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by North Macedonia (with a CAGR of +27.4%), while the other leaders experienced more modest paces of growth.

In value terms, Liberia ($X), Bosnia and Herzegovina ($X) and North Macedonia ($X) were the largest markets for off-highway dumper exported from Turkey worldwide, together comprising 54% of total exports. These countries were followed by Iraq, Colombia, the United Arab Emirates and Ukraine, which together accounted for a further 43%.

Colombia, with a CAGR of +57.2%, saw 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

In 2021, the average off-highway dumper export price amounted to $X per unit, growing by 151% against the previous year. In general, the export price continues to indicate notable growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Iraq ($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 Colombia (+32.0%), while the prices for the other major destinations experienced mixed trend patterns.

Off-Highway Dumper Imports

Imports into Turkey

In 2021, purchases abroad of dumpers for off-highway use increased by 141% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports saw a buoyant expansion. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, off-highway dumper imports soared to $X in 2021. Overall, imports posted strong growth. The pace of growth was the most pronounced in 2013 with an increase of 183%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X units) constituted the largest supplier of off-highway dumper to Turkey, with a 47% share of total imports. Moreover, off-highway dumper imports from Sweden exceeded the figures recorded by the second-largest supplier, India (X units), fivefold. The third position in this ranking was taken by Germany (X units), with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-23.3% per year) and Germany (-4.5% per year).

In value terms, the largest off-highway dumper suppliers to Turkey were Sweden ($X), India ($X) and Finland ($X), together comprising 75% of total imports. These countries were followed by the UK, Germany, Japan and Belgium, which together accounted for a further 18%.

In terms of the main suppliers, Belgium, with a CAGR of +52.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average off-highway dumper import price amounted to $X per unit, increasing by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2018 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Finland ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dumpers for off-highway use in the world?

Lesotho constituted the country with the largest volume of off-highway dumper consumption, accounting for 40% of total volume. Moreover, off-highway dumper consumption in Lesotho exceeded the figures recorded by the second-largest consumer, the Dominican Republic, threefold. The third position in this ranking was occupied by the UK, with a 9.3% share.

What are the largest producers of dumpers for off-highway use in the world?

The countries with the highest volumes of off-highway dumper production in 2020 were the UK, China and Belarus, with a combined 62% share of global production. These countries were followed by Japan, Turkey, Thailand and India, which together accounted for a further 27%.

What are the leading suppliers of dumpers for off-highway use to Turkey?

In value terms, Sweden, India and the UK were the largest off-highway dumper suppliers to Turkey, together comprising 84% of total imports.

What are the leading importers of dumpers for off-highway use from Turkey?

In value terms, Senegal, Iraq and Russia $25) were the largest markets for off-highway dumper exported from Turkey worldwide.

What is the average export price for dumpers for off-highway use in Turkey?

The average off-highway dumper export price stood at $8,217 per unit in 2020, dropping by -55.1% against the previous year.

What is the average import price for dumpers for off-highway use in Turkey?

The average off-highway dumper import price stood at $205,740 per unit in 2020, standing approx. at the previous year.

This report provides an in-depth analysis of the off-highway dumper 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 28922900 - Dumpers for off-highway use
Prodcom 28922810 -

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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