Turkey: Market for Iron Or Steel Solid Fuel Domestic Appliances 2025

Market Size for Iron Or Steel Solid Fuel Domestic Appliances in Turkey

The Turkish metal solid fuel appliances market dropped markedly to $X in 2022, reducing by -44.6% against the previous year. In general, consumption continues to indicate a deep contraction. Metal solid fuel appliances consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Iron Or Steel Solid Fuel Domestic Appliances in Turkey

In value terms, metal solid fuel appliances production dropped notably to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 61% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Iron Or Steel Solid Fuel Domestic Appliances

Exports from Turkey

In 2022, metal solid fuel appliances exports from Turkey soared to X units, picking up by 58% compared with the previous year's figure. In general, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by 218% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, metal solid fuel appliances exports surged to $X in 2022. Overall, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units), Syrian Arab Republic (X units) and the Netherlands (X units) were the main destinations of metal solid fuel appliances exports from Turkey, together accounting for 44% of total exports. Germany, Romania, Israel, Bulgaria, Ukraine, Cyprus, Greece, Iran, Iraq and Morocco lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +92.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Ukraine ($X) constituted the largest markets for metal solid fuel appliances exported from Turkey worldwide, with a combined 31% share of total exports.

Ukraine, with a CAGR of +50.2%, recorded the highest growth rate of 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 2022, the average metal solid fuel appliances export price amounted to $X per unit, growing by 7.2% against the previous year. Overall, the export price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 25% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 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 Ukraine ($X per unit), while the average price for exports to Syrian Arab Republic ($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 Bulgaria (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Solid Fuel Domestic Appliances

Imports into Turkey

After two years of growth, overseas purchases of iron or steel solid fuel domestic appliances decreased by -35.7% to X units in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of 151% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, metal solid fuel appliances imports reduced dramatically to $X in 2022. Overall, imports showed a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

France (X units), China (X units) and Greece (X units) were the main suppliers of metal solid fuel appliances imports to Turkey, with a combined 61% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +79.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of iron or steel solid fuel domestic appliances to Turkey, comprising 41% of total imports. The second position in the ranking was held by Poland ($X), with a 13% share of total imports. It was followed by Greece, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-1.3% per year) and Greece (+86.4% per year).

Import Prices by Country

The average metal solid fuel appliances import price stood at $X per unit in 2022, rising by 20% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal solid fuel appliances import price decreased by -3.7% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 46% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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