Turkey: Agricultural Self-Loading Trailer Market 2024

Agricultural Self-Loading Trailer Market Size in Turkey

In 2021, the Turkish agricultural self-loading trailer market increased by 2.2% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, recorded a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Agricultural Self-Loading Trailer Production in Turkey

In value terms, agricultural self-loading trailer production surged to $X in 2021 estimated in export price. Over the period under review, production, however, posted a significant increase. The growth pace was the most rapid in 2015 with an increase of 93%. Agricultural self-loading trailer production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Agricultural Self-Loading Trailer Exports

Exports from Turkey

In 2021, the amount of self-loading or self-unloading trailers for agricultural purposes exported from Turkey skyrocketed to X units, increasing by 32% compared with 2020 figures. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 95%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, agricultural self-loading trailer exports skyrocketed to $X in 2021. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 110% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Serbia (X units), Romania (X units) and Croatia (X units) were the main destinations of agricultural self-loading trailer exports from Turkey, with a combined 40% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Croatia (with a CAGR of +274.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Serbia ($X) and Croatia ($X) constituted the largest markets for agricultural self-loading trailer exported from Turkey worldwide, together comprising 42% of total exports.

Croatia, with a CAGR of +272.2%, 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 2021, the average agricultural self-loading trailer export price amounted to $X per unit, rising by 13% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 19%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Iraq ($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 Romania (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Self-Loading Trailer Imports

Imports into Turkey

In 2021, agricultural self-loading trailer imports into Turkey skyrocketed to X units, jumping by 250% against the year before. Overall, imports, however, continue to indicate a noticeable decrease. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, agricultural self-loading trailer imports skyrocketed to $X in 2021. Over the period under review, imports recorded a temperate expansion. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Romania (X units) constituted the largest agricultural self-loading trailer supplier to Turkey, accounting for a 57% share of total imports. Moreover, agricultural self-loading trailer imports from Romania exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), fourfold. The third position in this ranking was held by Poland (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Romania amounted to +41.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (0.0% per year) and Poland (-8.3% per year).

In value terms, the largest agricultural self-loading trailer suppliers to Turkey were Romania ($X), Portugal ($X) and the United States ($X), with a combined 84% share of total imports.

Portugal, with a CAGR of +50.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 agricultural self-loading trailer import price amounted to $X per unit, rising by 21% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +9.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, agricultural self-loading trailer import price decreased by -3.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 115% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, 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 Portugal ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+16.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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