Report Turkey - Transmission Shafts and Cranks, Bearing Housings and Plain Shaft Bearings, Gears and Gearing and Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Turkey - Transmission Shafts and Cranks, Bearing Housings and Plain Shaft Bearings, Gears and Gearing and Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Transmission Shaft Market 2024

Transmission Shaft Market Size in Turkey

The Turkish transmission shaft market expanded markedly to $X in 2022, with an increase of 6.2% against the previous year. Overall, consumption, however, continues to indicate a strong increase. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in years to come.

Transmission Shaft Production in Turkey

In value terms, transmission shaft production shrank rapidly to $X in 2022 estimated in export price. Overall, production, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 485% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Transmission Shaft Exports

Exports from Turkey

Transmission shaft exports from Turkey contracted slightly to X tons in 2022, waning by -3.5% compared with 2021. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 37%. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, transmission shaft exports totaled $X in 2022. Over the period under review, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons), Italy (X tons) and Poland (X tons) were the main destinations of transmission shaft exports from Turkey, together comprising 38% of total exports. France, Russia, Romania, Spain, Tunisia, the UK, the United States, Iran, Austria and Belgium lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Tunisia (with a CAGR of +44.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) constituted the largest markets for transmission shaft exported from Turkey worldwide, with a combined 36% share of total exports. Italy, Russia, the United States, Belgium, Spain, the UK, Romania, Iran, Austria and Tunisia lagged somewhat behind, together accounting for a further 36%.

In terms of the main countries of destination, Russia, with a CAGR of +29.4%, 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

In 2022, the average transmission shaft export price amounted to $X per ton, with an increase of 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Shaft Imports

Imports into Turkey

In 2022, imports of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain into Turkey rose markedly to X tons, picking up by 14% against 2021. In general, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, transmission shaft imports surged to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest transmission shaft supplier to Turkey, accounting for a 41% share of total imports. Moreover, transmission shaft imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.7% per year) and Italy (+5.9% per year).

In value terms, the largest transmission shaft suppliers to Turkey were Germany ($X), China ($X) and Italy ($X), with a combined 58% share of total imports. India, the UK, France, Slovakia, Spain, South Korea and Sweden lagged somewhat behind, together comprising a further 18%.

Among the main suppliers, Slovakia, with a CAGR of +16.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average transmission shaft import price amounted to $X per ton, rising by 7.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 11% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were South Africa, China and Mexico, with a combined 63% share of global consumption.
China remains the largest transmission shaft producing country worldwide, accounting for 47% of total volume. Moreover, transmission shaft production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. Mexico ranked third in terms of total production with an 8.8% share.
In value terms, Germany, China and Italy constituted the largest transmission shaft suppliers to Turkey, with a combined 57% share of total imports.
In value terms, the largest markets for transmission shaft exported from Turkey were Germany, Poland and France, with a combined 37% share of total exports. The United States, Italy, Belgium, Romania, the UK, Spain, Russia, Iran, Austria and Tunisia lagged somewhat behind, together comprising a further 33%.
The average transmission shaft export price stood at $6,636 per ton in 2021, with an increase of 4.9% against the previous year.
In 2021, the average transmission shaft import price amounted to $10,255 per ton, increasing by 2.3% against the previous year.

This report provides an in-depth analysis of the transmission shaft 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 28152130 - Iron or steel roller chain of a kind used for cycles and motor cycles
  • Prodcom 28152150 - Iron or steel roller chain (excluding of a kind used for cycles or motor-cycles)
  • Prodcom 28152170 - Iron or steel articulated link chain (excluding roller chain)
  • Prodcom 28152230 - Cranks and crankshafts
  • Prodcom 28152250 - Cardan shafts
  • Prodcom 28152270 - Other shafts
  • Prodcom 28152330 - Bearing housings incorporating ball or roller bearings
  • Prodcom 28152350 - Bearing housings not incorporating ball or roller bearings, p lain shaft bearings
  • Prodcom 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
  • Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
  • Prodcom 28152434 - Gear boxes ..., worm gear boxes
  • Prodcom 28152440 - Other gear boxes
  • Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
  • Prodcom 28152473 - Ball or roller screws
  • Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
  • Prodcom 28152500 - Flywheels and pulleys (including pulley blocks)
  • Prodcom 28152600 - Clutches and shaft couplings (including universal joints)
  • Prodcom 28153930 - Parts of bearing housings
  • Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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