Turkey - Safety Fuses, Detonating Fuses And Electric Detonators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFuse and Detonator Price in Turkey - 2023
Contents:
- Fuse and Detonator Price in Turkey (CIF) - 2022
- Fuse and Detonator Price in Turkey (FOB) - 2023
- Fuse and Detonator Imports in Turkey
- Fuse and Detonator Exports in Turkey
Fuse and Detonator Price in Turkey (CIF) - 2022
The average fuse and detonator import price stood at $21,285 per ton in 2022, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Spain ($78,552 per ton), while the price for Croatia ($10,232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fuse and Detonator Price in Turkey (FOB) - 2023
The average fuse and detonator export price stood at $24,485 per ton in September 2023, dropping by -12.9% against the previous month. Over the period under review, the export price showed a pronounced decrease. The pace of growth appeared the most rapid in October 2022 an increase of 39% against the previous month. As a result, the export price attained the peak level of $43,658 per ton. From November 2022 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($47,023 per ton), while the average price for exports to Ukraine ($16,860 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Fuse and Detonator Imports in Turkey
In 2022, after three years of growth, there was decline in supplies from abroad of safety fuses, detonating fuses and electric detonators, when their volume decreased by -0.8% to 1.9K tons. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 11%. As a result, imports reached the peak of 1.9K tons, leveling off in the following year.
In value terms, fuse and detonator imports rose sharply to $41M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Fuse and Detonator in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 4.7 | 7.0 | 8.7 | 7.3 | 15.8% |
United States | 3.6 | 4.5 | 4.9 | 6.4 | 21.1% |
Bosnia and Herzegovina | 5.0 | 6.3 | 6.3 | 6.0 | 6.3% |
Czech Republic | 3.8 | 3.6 | 4.1 | 4.5 | 5.8% |
Italy | 3.3 | 2.5 | 3.0 | 4.1 | 7.5% |
Poland | 1.0 | 1.3 | 1.6 | 3.1 | 45.8% |
Croatia | 0.9 | 0.1 | 0.9 | 0.6 | -12.6% |
Others | 5.5 | 4.7 | 6.8 | 8.5 | 15.6% |
Total | 27.8 | 29.9 | 36.4 | 40.6 | 13.5% |
Top Suppliers of Fuse and Detonator to Turkey in 2022:
- India (554.2 tons)
- Bosnia and Herzegovina (320.7 tons)
- Poland (261.2 tons)
- Czech Republic (219.8 tons)
- United States (165.2 tons)
- Italy (153.0 tons)
- Croatia (55.3 tons)
Fuse and Detonator Exports in Turkey
In 2022, approx. 745 tons of safety fuses, detonating fuses and electric detonators were exported from Turkey; jumping by 103% compared with the previous year. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fuse and detonator exports surged to $18M in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Fuse and Detonator in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Georgia | 1,264 | 1,480 | 2,035 | 3,609 | 41.9% |
Liberia | N/A | 250 | 1,607 | 2,690 | 228.0% |
United States | 0.5 | 173 | 214 | 2,109 | 1515.7% |
Russia | 0.7 | N/A | 3.2 | 2,098 | 1341.8% |
Azerbaijan | 334 | 177 | 404 | 2,016 | 82.1% |
Kazakhstan | N/A | N/A | 0.2 | 1,877 | 938400.0% |
Cyprus | 425 | 260 | 783 | 594 | 11.8% |
Albania | 367 | 309 | 421 | 531 | 13.1% |
Tajikistan | N/A | N/A | N/A | 363 | 0% |
Bosnia and Herzegovina | 280 | 301 | 282 | 347 | 7.4% |
Cuba | N/A | 52.9 | 352 | 343 | 154.6% |
Serbia | 576 | 687 | 796 | 310 | -18.7% |
Montenegro | 434 | 454 | 194 | 248 | -17.0% |
Others | 5,006 | 2,186 | 1,656 | 867 | -44.3% |
Total | 8,686 | 6,330 | 8,746 | 18,002 | 27.5% |
Top Export Markets for Fuse and Detonator from Turkey in 2022:
- Georgia (154.7 tons)
- Liberia (108.3 tons)
- Russia (92.7 tons)
- Kazakhstan (85.5 tons)
- Azerbaijan (83.9 tons)
- Albania (33.1 tons)
- Tajikistan (30.2 tons)
- United States (27.1 tons)
- Bosnia and Herzegovina (21.3 tons)
- Cyprus (19.6 tons)
- Serbia (18.2 tons)
- Montenegro (15.9 tons)
- Cuba (14.5 tons)
This report provides an in-depth analysis of the fuse and detonator 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 20511250 - Safety fuses, detonating fuses
- Prodcom 20511270 - Percussion or detonating caps, igniters and electric detonators
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the fuse and detonator market in Turkey.
This report provides an in-depth analysis of the global fuse and detonator market.
This report provides an in-depth analysis of the fuse and detonator market in Turkey.
This report provides an in-depth analysis of the global fuse and detonator market.
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