Turkey: Laser Market 2025

Laser Market Size in Turkey

The Turkish laser market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption enjoyed a buoyant increase. Laser consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Laser Exports

Exports from Turkey

In 2021, exports of lasers, other than laser diodes from Turkey shrank markedly to X units, declining by -53.7% against 2020 figures. Overall, exports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2015 when exports increased by 490%. The exports peaked at X units in 2020, and then reduced rapidly in the following year.

In value terms, laser exports fell markedly to $X in 2021. In general, exports, however, posted a mild increase. The pace of growth appeared the most rapid in 2015 when exports increased by 150% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for laser exports from Turkey, accounting for a 33% share of total exports. Moreover, laser exports to Germany exceeded the volume sent to the second major destination, Spain (X units), threefold. Egypt (X units) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+30.2% per year) and Egypt (+114.9% per year).

In value terms, Germany ($X) remains the key foreign market for laser exports from Turkey, comprising 30% of total exports. The second position in the ranking was held by Egypt ($X), with a 9.7% share of total exports. It was followed by Spain, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+142.3% per year) and Spain (+54.5% per year).

Export Prices by Country

In 2021, the average laser export price amounted to $X per unit, growing by 14% against the previous year. Overall, the export price posted tangible growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 288%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Rwanda ($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 Spain (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.

Laser Imports

Imports into Turkey

In 2021, supplies from abroad of lasers, other than laser diodes was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 47%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, laser imports soared to $X in 2021. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 57%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and the United States (X units) were the main suppliers of laser imports to Turkey, together comprising 84% of total imports. The UK, Japan and Italy lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +52.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest laser suppliers to Turkey were Germany ($X), the United States ($X) and China ($X), with a combined 76% share of total imports. The UK, Japan and Italy lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Italy, with a CAGR of +51.8%, saw 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 laser import price amounted to $X per unit, surging by 2.1% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, laser import price increased by +8.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 69% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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