Turkey: Market for Parts Of Harvester And Threshers 2024

Market Size for Parts Of Harvester And Threshers in Turkey

The Turkish market for parts of harvester and threshers surged to $X in 2021, picking up by 247% against the previous year. In general, consumption enjoyed a significant increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Parts Of Harvester And Threshers in Turkey

In value terms, parts of harvester and threshers production surged to $X in 2021 estimated in export price. Overall, production showed a resilient increase. Parts of harvester and threshers production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Parts Of Harvester And Threshers

Exports from Turkey

In 2021, approx. X units of parts of harvester and threshers were exported from Turkey; with an increase of 132% compared with the year before. Overall, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X units) was the main destination for parts of harvester and threshers exports from Turkey, accounting for a 24% share of total exports. Moreover, parts of harvester and threshers exports to Italy exceeded the volume sent to the second major destination, Germany (X units), twofold. Russia (X units) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+32.4% per year) and Russia (+28.9% per year).

In value terms, the largest markets for parts of harvester and threshers exported from Turkey were Italy ($X), Germany ($X) and Russia ($X), together comprising 38% of total exports. These countries were followed by Ukraine, Iraq, France, Azerbaijan, Romania, the Czech Republic, Libya, Morocco and Sudan, which together accounted for a further 32%.

The Czech Republic, with a CAGR of +168.5%, recorded 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

The average export price for parts of harvester and threshers stood at $X per unit in 2021, shrinking by -2.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 19% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Sudan ($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 France (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Parts Of Harvester And Threshers

Imports into Turkey

In 2021, the amount of parts of harvester and threshers imported into Turkey skyrocketed to X units, rising by 142% on the year before. Over the period under review, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers imports skyrocketed to $X in 2021. Overall, imports showed a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X units) constituted the largest parts of harvester and threshers supplier to Turkey, accounting for a 44% share of total imports. Moreover, parts of harvester and threshers imports from Poland exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. China (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland stood at +44.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+28.0% per year) and China (+26.2% per year).

In value terms, the largest parts of harvester and threshers suppliers to Turkey were Poland ($X), Germany ($X) and Israel ($X), together comprising 67% of total imports.

Among the main suppliers, Poland, with a CAGR of +44.0%, 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 import price for parts of harvester and threshers amounted to $X per unit, declining by -12.4% against the previous year. In general, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 76% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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 Israel ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform