Report Update Nov 1, 2024

Turkey - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Shipping Market 2024

Shipping Market Size in Turkey

In 2021, the Turkish shipping market decreased by -14.8% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, recorded perceptible growth. Shipping consumption peaked at $X in 2020, and then contracted in the following year.

Shipping Production in Turkey

In value terms, shipping production contracted to $X in 2021 estimated in export price. Overall, production, however, saw a strong increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 148%. Shipping production peaked at $X in 2020, and then declined in the following year.

Shipping Exports

Exports from Turkey

In 2021, the amount of ships, vessels, ferry-boats for the transport of persons exported from Turkey soared to X units, growing by 513% against the year before. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, shipping exports soared to $X in 2021. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2013 when exports increased by 418%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X units) was the main destination for shipping exports from Turkey, with a 73% share of total exports. Moreover, shipping exports to France exceeded the volume sent to the second major destination, Russia (X units), sixfold. The third position in this ranking was held by Belgium (X units), with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +73.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+50.7% per year) and Belgium (+55.5% per year).

In value terms, the largest markets for shipping exported from Turkey were Norway ($X), Russia ($X) and France ($X), with a combined 59% share of total exports. Belgium, the Netherlands and Italy lagged somewhat behind, together comprising a further 14%.

Among the main countries of destination, the Netherlands, with a CAGR of +78.6%, recorded the highest rates of growth with regard to 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 2021, the average shipping export price amounted to $X per unit, falling by -64.2% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 571%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020, and then contracted significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to France ($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 the Netherlands (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.

Shipping Imports

Imports into Turkey

In 2021, after two years of growth, there was significant decline in purchases abroad of ships, vessels, ferry-boats for the transport of persons, when their volume decreased by -84.6% to X units. In general, imports saw a significant curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 200% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, shipping imports fell markedly to $X in 2021. Over the period under review, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of 336%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Norway (X units) and France (X units) were the main suppliers of shipping imports to Turkey.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of 0.0%).

In value terms, the largest shipping suppliers to Turkey were Norway ($X) and France ($X).

Among the main suppliers, France, with a CAGR of +82.4%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2021, the average shipping import price amounted to $X per unit, waning by -12.2% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of 172% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per unit), while the price for France stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+85.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ships, vessels, ferry-boats for the transport of persons in the world?

The countries with the highest volumes of shipping consumption in 2021 were Italy, France and China, together comprising 51% of global consumption.

What are the largest producers of ships, vessels, ferry-boats for the transport of persons in the world?

The country with the largest volume of shipping production was Italy, accounting for 50% of total volume. Moreover, shipping production in Italy exceeded the figures recorded by the second-largest producer, France, fivefold. The third position in this ranking was occupied by China, with a 10% share.

What are the leading suppliers of ships, vessels, ferry-boats for the transport of persons to Turkey?

In value terms, Norway and France were the largest shipping suppliers to Turkey.

What are the leading importers of ships, vessels, ferry-boats for the transport of persons from Turkey?

In value terms, Norway, Russia and France were the largest markets for shipping exported from Turkey worldwide, with a combined 59% share of total exports.

What is the average export price for ships, vessels, ferry-boats for the transport of persons in Turkey?

The average shipping export price stood at $599 per unit in 2021, shrinking by -67.5% against the previous year.

What is the average import price for ships, vessels, ferry-boats for the transport of persons in Turkey?

The average shipping import price stood at $3,483 per unit in 2021, shrinking by -99.6% against the previous year.

This report provides an in-depth analysis of the shipping 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 30112130 - Cruise vessels
Prodcom 30112150 - Ferries

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023