Turkey - Plastic Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Bag Price in Turkey - 2023
Contents:
- Plastic Bag Price in Turkey (FOB) - 2023
- Plastic Bag Price in Turkey (CIF) - 2023
- Plastic Bag Exports in Turkey
- Plastic Bag Imports in Turkey
Plastic Bag Price in Turkey (FOB) - 2023
In September 2023, the average plastic bag export price amounted to $2,502 per ton, dropping by -2.1% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 8% month-to-month. As a result, the export price reached the peak level of $2,816 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Germany ($3,560 per ton), while the average price for exports to Israel ($1,782 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 Germany (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Bag Price in Turkey (CIF) - 2023
In September 2023, the average plastic bag import price amounted to $6,223 per ton, reducing by -1.6% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 20% against the previous month. The import price peaked at $7,707 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($11,465 per ton), while the price for Iran ($1,316 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Bag Exports in Turkey
In 2022, the amount of plastic sacks and bags exported from Turkey expanded rapidly to 227K tons, surging by 6.8% on 2021 figures. The total export volume increased at an average annual rate of +12.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, plastic bag exports rose rapidly to $611M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 32%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Plastic Bag in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 69.1 | 86.5 | 109 | 131 | 23.8% |
| Germany | 59.9 | 56.5 | 78.7 | 81.6 | 10.9% |
| Israel | 36.3 | 39.9 | 54.2 | 62.1 | 19.6% |
| United States | 30.7 | 36.6 | 42.8 | 45.5 | 14.0% |
| Netherlands | 20.6 | 22.8 | 33.5 | 29.7 | 13.0% |
| France | 14.2 | 14.4 | 16.1 | 21.5 | 14.8% |
| Greece | 7.0 | 7.8 | 10.9 | 12.1 | 20.0% |
| Iraq | 13.1 | 12.5 | 12.3 | 12.1 | -2.6% |
| Spain | 3.4 | 5.2 | 9.8 | 11.9 | 51.8% |
| Belgium | 5.2 | 6.0 | 9.5 | 10.8 | 27.6% |
| Denmark | 7.0 | 7.2 | 8.9 | 10.5 | 14.5% |
| Ireland | 4.2 | 3.6 | 5.5 | 7.9 | 23.4% |
| Others | 116 | 117 | 156 | 175 | 14.7% |
| Total | 386 | 416 | 547 | 611 | 16.5% |
Top Export Markets for Plastic Bag from Turkey in 2022:
- United Kingdom (66.9K tons)
- Israel (29.7K tons)
- Germany (23.7K tons)
- United States (16.4K tons)
- Netherlands (7.6K tons)
- France (6.6K tons)
- Greece (5.6K tons)
- Iraq (4.8K tons)
- Spain (4.7K tons)
- Denmark (4.0K tons)
- Ireland (3.7K tons)
- Belgium (3.7K tons)
Plastic Bag Imports in Turkey
In 2022, plastic bag imports into Turkey rose significantly to 11K tons, surging by 8.5% on the year before. Overall, imports, however, recorded a abrupt setback.
In value terms, plastic bag imports rose significantly to $67M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Plastic Bag in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.2 | 7.8 | 10.6 | 11.9 | 24.3% |
| China | 7.2 | 6.9 | 8.7 | 11.6 | 17.2% |
| Italy | 4.8 | 7.7 | 10.9 | 10.5 | 29.8% |
| Belgium | 6.9 | 5.3 | 10.3 | 7.8 | 4.2% |
| Netherlands | 5.7 | 6.4 | 2.9 | 3.5 | -15.0% |
| France | 3.1 | 2.8 | 4.2 | 3.3 | 2.1% |
| Spain | 1.4 | 1.2 | 1.8 | 3.3 | 33.1% |
| Poland | 1.5 | 1.7 | 2.2 | 2.2 | 13.6% |
| United Kingdom | 2.3 | 2.2 | 2.0 | 1.9 | -6.2% |
| Thailand | 0.6 | 0.9 | 1.2 | 1.5 | 35.7% |
| Egypt | 0.2 | 0.5 | 0.4 | 0.9 | 65.1% |
| Iran | 1.4 | 0.5 | 0.2 | 0.7 | -20.6% |
| Others | 10.3 | 10.7 | 7.8 | 8.1 | -7.7% |
| Total | 51.6 | 54.4 | 63.3 | 67.2 | 9.2% |
Top Suppliers of Plastic Bag to Turkey in 2022:
- China (2646.7 tons)
- Germany (1623.4 tons)
- Italy (1272.0 tons)
- Belgium (890.3 tons)
- Spain (757.6 tons)
- Iran (497.8 tons)
- United Kingdom (425.5 tons)
- France (415.4 tons)
- Netherlands (415.0 tons)
- Poland (341.5 tons)
- Thailand (235.3 tons)
- Egypt (168.8 tons)
This report provides an in-depth analysis of the plastic bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
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
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