Turkey: Iron Household Articles Market 2025

Iron Household Articles Market Size in Turkey

The Turkish iron household articles market expanded markedly to $X in 2021, surging by 12% against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -25.2% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Iron Household Articles Production in Turkey

In value terms, iron household articles production soared to $X in 2021 estimated in export price. Overall, production enjoyed significant growth. The growth pace was the most rapid in 2018 with an increase of 153%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Iron Household Articles Exports

Exports from Turkey

In 2021, the amount of table, kitchen or household articles and parts of iron exported from Turkey soared to X tons, picking up by 24% compared with the previous year's figure. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +102.6% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron household articles exports surged to $X in 2021. In general, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons), the United States (X tons) and Germany (X tons) were the main destinations of iron household articles exports from Turkey, with a combined 22% share of total exports. These countries were followed by Spain, the UK, Iraq, Romania, Israel, Austria, Russia, Greece, Libya and Italy, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +37.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and the United States ($X) constituted the largest markets for iron household articles exported from Turkey worldwide, together comprising 23% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +30.5%, saw 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

The average iron household articles export price stood at $X per ton in 2021, with an increase of 16% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Iron Household Articles Imports

Imports into Turkey

In 2021, the amount of table, kitchen or household articles and parts of iron imported into Turkey declined notably to X tons, with a decrease of -17.2% against the year before. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 27% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, iron household articles imports fell slightly to $X in 2021. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2013 when imports increased by 20% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest iron household articles supplier to Turkey, accounting for a 63% share of total imports. Moreover, iron household articles imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. India (X tons) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.6% per year) and India (-9.3% per year).

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles and parts of iron to Turkey, comprising 58% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Italy, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.1% per year) and Italy (-17.7% per year).

Import Prices by Country

In 2021, the average iron household articles import price amounted to $X per ton, picking up by 19% against the previous year. In general, the import price, however, continues to indicate a pronounced decrease. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a 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 Taiwan (Chinese) ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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