Turkey: Poultry Incubator Market 2024

Poultry Incubator Market Size in Turkey

The Turkish poultry incubator market declined slightly to $X in 2022, waning by -4.6% against the previous year. In general, consumption showed a deep reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Poultry Incubator Production in Turkey

In value terms, poultry incubator production fell to $X in 2022 estimated in export price. Overall, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the production volume increased by 23%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Poultry Incubator Exports

Exports from Turkey

In 2022, approx. X units of poultry incubators and brooders were exported from Turkey; falling by -12.1% compared with 2021. Overall, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 when exports increased by 138% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry incubator exports declined to $X in 2022. In general, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 84% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X units), Iran (X units) and Saudi Arabia (X units) were the main destinations of poultry incubator exports from Turkey, together comprising 52% of total exports. These countries were followed by Uzbekistan, the United States, South Korea, Russia, France, Libya, Jordan, Nigeria, Georgia and Morocco, which together accounted for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +628.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poultry incubator exported from Turkey were Iraq ($X), the United States ($X) and France ($X), together accounting for 33% of total exports. Uzbekistan, Iran, Libya, Saudi Arabia, Russia, South Korea, Nigeria, Jordan, Morocco and Georgia lagged somewhat behind, together comprising a further 41%.

Among the main countries of destination, Morocco, with a CAGR of +156.1%, recorded the highest growth rate of 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

In 2022, the average poultry incubator export price amounted to $X per unit, rising by 5.7% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry incubator export price increased by +77.7% against 2018 indices. The growth pace was the most rapid in 2016 when the average export price increased by 56%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Iran ($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 South Korea (+46.3%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into Turkey

In 2022, the amount of poultry incubators and brooders imported into Turkey skyrocketed to X units, increasing by 355% on 2021 figures. In general, imports enjoyed a noticeable increase. Over the period under review, imports reached the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, poultry incubator imports surged to $X in 2022. Over the period under review, imports, however, showed a pronounced decline. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X units) constituted the largest supplier of poultry incubator to Turkey, with a 80% share of total imports. Moreover, poultry incubator imports from Belgium exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+61.6% per year) and Canada (+19.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of poultry incubators and brooders to Turkey, comprising 76% of total imports. The second position in the ranking was taken by Canada ($X), with a 16% share of total imports. It was followed by China, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+210.4% per year) and China (+53.2% per year).

Import Prices by Country

In 2022, the average poultry incubator import price amounted to $X per unit, picking up by 27% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 53% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+160.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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