
Turkey - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends and Insights
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Self-Propelled Excavating Machinery Market Size in Turkey
The Turkish self-propelled excavating machinery market soared to $X in 2021, picking up by 28% against the previous year. In general, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Self-Propelled Excavating Machinery Production in Turkey
In value terms, self-propelled excavating machinery production stood at $X in 2021 estimated in export price. Over the period under review, production saw a precipitous contraction. The growth pace was the most rapid in 2020 when the production volume decreased by 99.9%. Self-propelled excavating machinery production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.
Self-Propelled Excavating Machinery Exports
Exports from Turkey
In 2021, exports of self-propelled earth moving, excavating machinery from Turkey surged to X units, with an increase of 100% against 2020. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2015 when exports increased by 580%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
In value terms, self-propelled excavating machinery exports surged to $X in 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 549%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
Exports by Country
The United States (X units) was the main destination for self-propelled excavating machinery exports from Turkey, with a 68% share of total exports. Moreover, self-propelled excavating machinery exports to the United States exceeded the volume sent to the second major destination, Georgia (X units), eightfold. Canada (X units) ranked third in terms of total exports with a 9.1% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +25.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+12.2% per year) and Canada (+26.0% per year).
In value terms, New Zealand ($X), Algeria ($X) and Russia ($X) appeared to be the largest markets for self-propelled excavating machinery exported from Turkey worldwide, together comprising 9% of total exports.
In terms of the main countries of destination, Algeria, with a CAGR of +40.6%, 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
The average self-propelled excavating machinery export price stood at $X per unit in 2021, with an increase of 18% against the previous year. Overall, the export price, however, saw a pronounced curtailment. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while the average price for exports to the United States ($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 Russia (-14.4%), while the prices for the other major destinations experienced a decline.
Self-Propelled Excavating Machinery Imports
Imports into Turkey
In 2021, approx. X units of self-propelled earth moving, excavating machinery were imported into Turkey; approximately reflecting the previous year's figure. Overall, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 228%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, self-propelled excavating machinery imports amounted to $X in 2021. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 199% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.
Imports by Country
The United States (X units), Italy (X units) and Sweden (X units) were the main suppliers of self-propelled excavating machinery imports to Turkey, together accounting for 90% of total imports. These countries were followed by France, Australia and Germany, which together accounted for a further 8%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +22.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) constituted the largest supplier of self-propelled earth moving, excavating machinery to Turkey, comprising 35% of total imports. The second position in the ranking was held by Sweden ($X), with a 2.7% share of total imports. It was followed by the United States, with a 2.6% share.
From 2012 to 2021, the average annual growth rate of value from Germany totaled -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-8.2% per year) and the United States (-9.0% per year).
Import Prices by Country
The average self-propelled excavating machinery import price stood at $X per unit in 2021, with an increase of 2.6% against the previous year. Over the period under review, the import price, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 7.4% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+46.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the self-propelled excavating machinery market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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