Starch Glue Price in Turkey Decreases Slightly to $1,313 per Ton
Mar 27, 2023
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In December 2022, the import price of Turkey starch glue stood at $1,313 per ton (CIF, Turkey), waning by -2.9% against the previous month, with the growth pace appearing most rapid in October 2022. There were significant differences in the prices of major suppliers, with Poland being the highest and Austria being the lowest. In terms of volume, the Netherlands constituted the largest supplier of starch glue to Turkey, with a 47% share of total imports in December 2022, while in terms of value, the Netherlands ($117K) also comprised the largest share of total imports, followed by Austria and Germany. The import amount of glues based on starches, dextrins or other modified starches has seen a drastic downturn, declining by -21.2% on the previous month in December 2022. From December 2021 to December 2022, import prices increased at an average monthly rate of +1.2%, while the average monthly rates of imports growth for the major supplying countries were Austria (+5.9% per month), Germany (-1.8% per month), and the Netherlands (-6.1% per month) in terms of volume and Austria (+7.2% per month), Germany (+0.8% per month), and the Netherlands (-4.2% per month) in terms of value.
