Turkey: Transmission Apparatus Market 2025

Transmission Apparatus Market Size in Turkey

The Turkish transmission apparatus market soared to $X in 2021, picking up by 190% against the previous year. Overall, consumption showed a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Transmission Apparatus Production in Turkey

In value terms, transmission apparatus production stood at $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. Transmission apparatus production peaked in 2021 and is likely to see gradual growth in the near future.

Transmission Apparatus Exports

Exports from Turkey

In 2021, overseas shipments of transmission apparatus incorporating reception apparatus increased by 80% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2016 when exports increased by 304% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, transmission apparatus exports skyrocketed to $X in 2021. Overall, exports, however, showed a noticeable decline. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Oman (X tons) was the main destination for transmission apparatus exports from Turkey, accounting for a 74% share of total exports. Moreover, transmission apparatus exports to Oman exceeded the volume sent to the second major destination, China (X tons), more than tenfold. The third position in this ranking was taken by the Netherlands (X tons), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume to Oman amounted to +63.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-4.6% per year) and the Netherlands (-15.9% per year).

In value terms, Oman ($X) remains the key foreign market for transmission apparatus incorporating reception apparatus exports from Turkey, comprising 81% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 8.3% share of total exports. It was followed by China, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman totaled +70.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-22.2% per year) and China (-5.8% per year).

Export Prices by Country

In 2021, the average transmission apparatus export price amounted to $X per ton, picking up by 31% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 117% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

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 the Netherlands ($X per ton), while the average price for exports to Iraq ($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 Sweden (+61.8%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Turkey

In 2021, imports of transmission apparatus incorporating reception apparatus into Turkey declined rapidly to X tons, which is down by -51.4% on the previous year's figure. Overall, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 21% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, transmission apparatus imports fell dramatically to $X in 2021. In general, imports recorded a mild setback. The pace of growth appeared the most rapid in 2013 when imports increased by 54%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of transmission apparatus to Turkey, with a 83% share of total imports. Moreover, transmission apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), ninefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-12.4% per year) and the United Arab Emirates (+0.3% per year).

In value terms, China ($X) constituted the largest supplier of transmission apparatus incorporating reception apparatus to Turkey, comprising 86% of total imports. The second position in the ranking was held by Vietnam ($X), with a 7.4% share of total imports. It was followed by India, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-8.5% per year) and India (-0.8% per year).

Import Prices by Country

The average transmission apparatus import price stood at $X per ton in 2021, with an increase of 71% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, transmission apparatus import price increased by +93.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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