Turkey: Vices And Clamps Market 2025

Vices And Clamps Market Size in Turkey

The Turkish vices and clamps market reduced markedly to $X in 2022, dropping by -39.1% against the previous year. Over the period under review, consumption continues to indicate a noticeable descent. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Vices And Clamps Production in Turkey

In value terms, vices and clamps production reduced notably to $X in 2022 estimated in export price. Over the period under review, production, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 262%. As a result, production attained the peak level of $X, and then reduced dramatically in the following year.

Vices And Clamps Exports

Exports from Turkey

Vices and clamps exports from Turkey fell significantly to X tons in 2022, waning by -18.8% against 2021. The total export volume increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. As a result, the exports attained the peak of X tons, and then declined sharply in the following year.

In value terms, vices and clamps exports dropped rapidly to $X in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports attained the peak of $X, and then shrank markedly in the following year.

Exports by Country

Germany (X tons) was the main destination for vices and clamps exports from Turkey, with a 70% share of total exports. Moreover, vices and clamps exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold. The third position in this ranking was taken by Russia (X tons), with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+6.1% per year) and Russia (+26.7% per year).

In value terms, Germany ($X) remains the key foreign market for vices and clamps exports from Turkey, comprising 66% of total exports. The second position in the ranking was taken by Russia ($X), with a 4.3% share of total exports. It was followed by Austria, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+36.5% per year) and Austria (+5.2% per year).

Export Prices by Country

In 2022, the average vices and clamps export price amounted to $X per ton, picking up by 2.2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 6.2% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Austria ($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 Russia (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Vices And Clamps Imports

Imports into Turkey

In 2022, purchases abroad of vices and clamps decreased by -12.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2018 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, vices and clamps imports expanded significantly to $X in 2022. In general, imports, however, recorded a modest expansion. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest vices and clamps supplier to Turkey, with a 66% share of total imports. Moreover, vices and clamps imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. Germany (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.3% per year) and Germany (+0.6% per year).

In value terms, the largest vices and clamps suppliers to Turkey were China ($X), Germany ($X) and the United States ($X), together accounting for 53% of total imports. South Korea, the UK, Italy and India lagged somewhat behind, together accounting for a further 26%.

In terms of the main suppliers, South Korea, with a CAGR of +103.5%, recorded the highest rates of growth with regard to 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 vices and clamps import price amounted to $X per ton, surging by 27% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vices and clamps import price increased by +77.2% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 72%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, 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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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