From January to October 2021, the bilateral import and export volume of goods between China and Turki was US$27,181.69 million, an increase of US$8145.0373 million compared with the same period in 2020, a year-on-year increase of 42.9%.
From January to October 2021, the total value of China’s exports to Turkey was US$22,942,914,800, an increase of US$6,848,814,800 compared with the same period in 2020, a year-on-year increase of 42.8%; the total value of China’s imports from Turkey was US$4,238,777,500, compared with the same period in 2020. In the same period, it increased by 1,296,222,500 US dollars, a year-on-year increase of 43.7%
In recent years, the Turkish economy has not performed very well under the influence of various reasons. From the data point of view, the economic and trade exchanges between China and Turkey are still very close and the growth is relatively strong. Akkochi, a senior Turkish media person, said: "I have full confidence in the Chinese economy. To be honest, China has effectively controlled the epidemic, which has increased my confidence. I think people in other countries have also increased their confidence in the Chinese economy. I Having lived in Jerman for a long time, there are many expert friends who hold similar views. At first, they did not expect China's economic recovery to be so strong, and now their confidence in China's economy has risen even more."
Dongqi Crane is also very concerned about the economic and trade relations between China and Turkey. In the past 2021, Dongqi Crane has provided Turkey with a total of 5 crane cooperation project orders. This article will give insights into how the Turkish crane market will change in 2022 through a study of the Turkish overhead crane market.
Before we start discussing the aerial crane market in Turkey, we have a few small questions that need to be answered first. Let’s take a look
In 2020, the Turkish Overhead Crane Market grew X% to X USD, rising for the second year in a row after three consecutive years of decline. Overall, consumption has grown significantly. As a result, consumption has peaked and is likely to continue growing in the short term.
In value terms, the production of overhead cranes in 2020 significantly expanded to $X (estimated at export prices). Overall, total production has grown significantly from 2007 to 2020: its value has grown at an average annual rate of +X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to 2020 data, production has increased by +X% compared to the 2016 index. The growth rate was most pronounced in 2014, when production increased by X% year-on-year. During the period under review, production peaked at $X in 2015; however, from 2016 to 2020, production remained low.
Overseas shipments of fixed-support overhead cranes fell -X% to X units in 2020, falling for the second consecutive year after five years of growth. During the period under review, however, there was a significant increase in exports. The most significant growth rate occurred in 2012, when exports increased by X% year-on-year. During the period under review, exports in 2018 hit a record high of X units; however, from 2019 to 2020, the export figures were slightly lower.
In value terms, 2020 bridge crane exports rose significantly to $X. But overall, exports continued to show strong growth. The most significant growth rate occurred in 2012, when exports increased by X% year-on-year. During the period under review, exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at lower levels.
Niger (X units), Israel (X units) and Uzbekistan (X units) were the main destinations for Turkish overhead crane exports, accounting for X% of total exports.
From 2007 to 2020, Uzbekistan saw the largest increase in shipments (+X% per year), while the other leaders saw more modest growth in shipments.
By value, the largest markets for overhead cranes exported from Turkey are Israel ($X), Uzbekistan ($X), and Azerbaijan ($X), which together account for X% of total exports.
In terms of major destination countries, Uzbekistan (+X% per annum) experienced the highest export value growth during the period under review, while the other leaders experienced more moderate growth in shipments.
Overhead crane imports in Turkey jumped to X units in 2020, an increase of X% over 2019. Overall, imports have grown moderately. As a result, imports peaked and may continue to grow in the short term.
Overhead crane imports surged to $X in 2020 by value. Overall, there was a marked decline in imports. Imports peaked at $X in 2007; however, from 2008 to 2020, import volumes have remained low.
In 2020, China (X units) was Turkey's main supplier of overhead cranes, accounting for X% of total imports. This is followed by the Czech Republic (X units) with X% of total imports.
From 2007 to 2020, the average annual growth rate of Chinese exports was +X%.
China (USD X) is Turkey's largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is the Czech Republic ($X) with X% of total imports.
From 2007 to 2020, the average annual growth rate of China's output value reached +X%.
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