Turkey: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in Turkey

The Turkish wheeled dozer market surged to $X in 2022, with an increase of 194% against the previous year. Overall, consumption saw a temperate expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wheeled Dozer Production in Turkey

In value terms, wheeled dozer production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% 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 2016 when the production volume increased by 41%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Wheeled Dozer Exports

Exports from Turkey

In 2022, wheeled dozer exports from Turkey contracted sharply to X units, falling by -90.4% compared with 2021 figures. Overall, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2019 when exports increased by 187%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, wheeled dozer exports shrank remarkably to $X in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 1,017% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Ethiopia (X units), Albania (X units) and the Netherlands (X units) were the main destinations of wheeled dozer exports from Turkey, together comprising 60% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Albania (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X) emerged as the key foreign market for wheeled dozers exports from Turkey, comprising 81% of total exports. The second position in the ranking was held by Niger ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ethiopia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (0.0% per year) and the Netherlands (+33.7% per year).

Export Prices by Country

The average wheeled dozer export price stood at $X per unit in 2022, jumping by 263% against the previous year. Overall, the export price showed significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 935%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Albania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+52.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Dozer Imports

Imports into Turkey

In 2022, approx. X units of wheeled dozers were imported into Turkey; with an increase of 7.1% against 2021 figures. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 21%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, wheeled dozer imports dropped notably to $X in 2022. Overall, imports, however, showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 115% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), Norway (X units) and Japan (X units) were the main suppliers of wheeled dozer imports to Turkey, together comprising 20% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constituted the largest supplier of wheeled dozers to Turkey, comprising 34% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 13% share of total imports. It was followed by Norway, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia totaled -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-32.4% per year) and Norway (-8.8% per year).

Import Prices by Country

The average wheeled dozer import price stood at $X per unit in 2022, reducing by -31.6% against the previous year. Overall, the import price faced a significant decrease. The most prominent rate of growth was recorded in 2021 an increase of 100%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-6.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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