Turkey: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Turkey

The Turkish mobile lifting frame market dropped sharply to $X in 2021, which is down by -38% against the previous year. Over the period under review, consumption continues to indicate a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of 8.8%. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Mobile Lifting Frame Production in Turkey

In value terms, mobile lifting frame production contracted rapidly to $X in 2021 estimated in export price. In general, production faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by 25% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Mobile Lifting Frame Exports

Exports from Turkey

In 2021, mobile lifting frame exports from Turkey rose modestly to X units, increasing by 3.1% on 2020. Over the period under review, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 67% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, mobile lifting frame exports shrank modestly to $X in 2021. In general, exports, however, showed a deep slump. The growth pace was the most rapid in 2016 with an increase of 52%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X units), Canada (X units) and France (X units) were the main destinations of mobile lifting frame exports from Turkey, with a combined 53% 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 France (with a CAGR of +127.5%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Canada ($X) and France ($X) constituted the largest markets for mobile lifting frame exported from Turkey worldwide, with a combined 51% share of total exports.

Among the main countries of destination, France, with a CAGR of +121.9%, 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 mobile lifting frame export price stood at $X per unit in 2021, which is down by -7.6% against the previous year. Overall, the export price showed a slight setback. The most prominent rate of growth was recorded in 2014 an increase of 35% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while the average price for exports to Bangladesh ($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 Burkina Faso (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Lifting Frame Imports

Imports into Turkey

In 2021, supplies from abroad of mobile lifting frames on tyres and straddle carriers decreased by -99.3% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 2,295% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, mobile lifting frame imports declined sharply to $X in 2021. In general, imports showed a sharp contraction. The pace of growth was the most pronounced in 2017 when imports increased by 1,898% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and France (X units) were the main suppliers of mobile lifting frame imports to Turkey, together accounting for 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +108.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of mobile lifting frames on tyres and straddle carriers to Turkey, comprising 60% of total imports. The second position in the ranking was held by France ($X), with a 20% share of total imports. It was followed by China, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +107.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.7% per year) and China (-58.3% per year).

Import Prices by Country

The average mobile lifting frame import price stood at $X per unit in 2021, rising by 255% against the previous year. Overall, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue 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 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 Iran (+46.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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