Turkey: Non-Electric Industrial Furnace Market 2025

Non-Electric Industrial Furnace Market Size in Turkey

The Turkish non-electric industrial furnace market dropped notably to $X in 2022, with a decrease of -39.8% against the previous year. In general, consumption, however, showed a strong increase. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Non-Electric Industrial Furnace Production in Turkey

In value terms, non-electric industrial furnace production declined rapidly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 155%. Non-electric industrial furnace production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Non-Electric Industrial Furnace Exports

Exports from Turkey

In 2022, overseas shipments of non-electric industrial or laboratory furnaces and ovens were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a measured increase. The most prominent rate of growth was recorded in 2013 with an increase of 119%. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, non-electric industrial furnace exports skyrocketed to $X in 2022. Overall, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 96% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bulgaria (X units), Uruguay (X units) and Algeria (X units) were the main destinations of non-electric industrial furnace exports from Turkey, with a combined 46% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uruguay (with a CAGR of +180,150.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electric industrial furnace exported from Turkey were Bulgaria ($X), Algeria ($X) and Uruguay ($X), together comprising 53% of total exports.

Uruguay, with a CAGR of +187,270.3%, 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 2022, the average non-electric industrial furnace export price amounted to $X per unit, approximately equating the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric industrial furnace export price decreased by -9.8% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 84%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per unit), while the average price for exports to Egypt ($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 Russia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Industrial Furnace Imports

Imports into Turkey

In 2022, purchases abroad of non-electric industrial or laboratory furnaces and ovens increased by 1% to X units, rising for the second year in a row after four years of decline. Overall, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 312%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, non-electric industrial furnace imports skyrocketed to $X in 2022. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 304%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of non-electric industrial furnace imports to Turkey, together comprising 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +11.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric industrial furnace suppliers to Turkey were Germany ($X), China ($X) and Italy ($X), with a combined 89% share of total imports.

China, with a CAGR of +14.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric industrial furnace import price stood at $X per unit in 2022, picking up by 26% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 68%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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