Turkey: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Turkey

In 2020, the Turkish metal advertising sign market was finally on the rise to reach $X for the first time since 2016, thus ending a three-year declining trend. Overall, consumption posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2017 to 2020, the growth of the market remained at a somewhat lower figure.

Metal Advertising Sign Production in Turkey

In value terms, metal advertising sign production amounted to $X in 2020 estimated in export prices. Overall, production showed a remarkable increase. The pace of growth was the most pronounced in 2012 when the production volume increased by X% against the previous year. Metal advertising sign production peaked in 2020 and is likely to see gradual growth in the near future.

Metal Advertising Sign Exports

Exports from Turkey

In 2020, exports of metal advertising signs from Turkey shrank dramatically to X tons, reducing by -X% compared with the previous year's figure. Over the period under review, exports, however, saw a temperate increase. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of X tons. From 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, metal advertising sign exports contracted sharply to $X in 2020. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Germany (X tons), the U.S. (X tons) and Pakistan (X tons) were the main destinations of metal advertising sign exports from Turkey, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Romania ($X) were the largest markets for metal advertising sign exported from Turkey worldwide, together comprising X% of total exports. These countries were followed by Azerbaijan, the Netherlands, Poland, the UK, Montenegro and Pakistan, which together accounted for a further X the main countries of destination, Pakistan (+X% per year) 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 metal advertising sign export price stood at $X per ton in 2020, waning by -X% against the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Romania ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro, while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Turkey

In 2020, supplies from abroad of metal advertising signs decreased by -X% to X tons, falling for the second year in a row after three years of growth. In general, imports showed a perceptible slump. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, metal advertising sign imports shrank sharply to $X in 2020. Overall, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2019, and then declined notably in the following year.

Imports by Country

In 2020, China (X tons) constituted the largest metal advertising sign supplier to Turkey, with a X% share of total imports. Moreover, metal advertising sign imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was occupied by Italy (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

In value terms, Hong Kong SAR ($X), Germany ($X) and China ($X) constituted the largest metal advertising sign suppliers to Turkey, with a combined X% share of total imports. These countries were followed by Italy, Denmark, the Netherlands and Serbia, which together accounted for a further X the main suppliers, Serbia (+X% per year) 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 2020, the average metal advertising sign import price amounted to $X per ton, shrinking by -X% against the previous year. In general, the import price recorded a mild descent. The growth pace was the most rapid in 2009 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Hong Kong SAR ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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