Turkey - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Bituminous Mixtures Price in Turkey - 2023

Contents:

  1. Bituminous Mixtures Price in Turkey (CIF) - 2022
  2. Bituminous Mixtures Price in Turkey (FOB) - 2023
  3. Bituminous Mixtures Imports in Turkey
  4. Bituminous Mixtures Exports in Turkey

Bituminous Mixtures Price in Turkey (CIF) - 2022

The average bituminous mixtures import price stood at $1,020 per ton in 2022, with an increase of 57% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 57%. As a result, import price attained the peak level of $1,592 per ton. From 2014 to 2022, the average 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 Greece ($2,685 per ton), while the price for Iran ($120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Bituminous Mixtures Price in Turkey (FOB) - 2023

In July 2023, the average bituminous mixtures export price amounted to $901 per ton, which is down by -34.6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 45% against the previous month. Over the period under review, the average export prices hit record highs at $1,379 per ton in June 2023, and then dropped sharply in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($1,705 per ton), while the average price for exports to Cyprus ($360 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Bituminous Mixtures Imports in Turkey

For the third consecutive year, Turkey recorded decline in supplies from abroad of bituminous mixtures, which decreased by -31.2% to 2.6K tons in 2022. Over the period under review, imports recorded a sharp contraction. The smallest decline of -5.6% was in 2021.

In value terms, bituminous mixtures imports expanded sharply to $2.7M in 2022. In general, imports faced a abrupt downturn.

Import of Bituminous Mixtures in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece44335426985824.7%
Germany21312512159340.7%
Netherlands13210221934537.7%
United Kingdom341339280245-10.4%
Iraq17.2N/A964234138.7%
Iran2,510759192103-65.5%
Austria13369.579.8102-8.5%
United States77768727528.8-66.7%
Others13418495.21789.9%
Total4,7002,6192,4952,687-17.0%

Top Suppliers of Bituminous Mixtures to Turkey in 2022:

  1. Iran (856.2 tons)
  2. Germany (409.8 tons)
  3. Iraq (373.2 tons)
  4. Greece (319.6 tons)
  5. Netherlands (276.7 tons)
  6. United Kingdom (149.5 tons)
  7. Austria (95.0 tons)
  8. United States (21.9 tons)

Bituminous Mixtures Exports in Turkey

In 2022, the amount of bituminous mixtures exported from Turkey rose sharply to 2.9K tons, picking up by 13% on 2021 figures. In general, exports, however, continue to indicate a pronounced descent.

In value terms, bituminous mixtures exports skyrocketed to $2.5M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Bituminous Mixtures in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel12935117443550.0%
Ghana90.099.715627444.9%
Georgia10211778.322430.0%
France3.37.05.3166269.1%
TanzaniaN/A3.025.8146597.6%
Iraq10064.831414513.2%
GermanyN/A5.092.5139427.3%
Cyprus617503119125-41.3%
Uzbekistan23519193.5107-23.1%
Turkmenistan24.259.255.587.353.4%
Azerbaijan14.97.511.153.553.1%
Cameroon19.32.911.351.138.3%
MoldovaN/AN/A2.346.91939.1%
Others4905315285151.7%
Total1,8251,9421,6672,51511.3%

Top Export Markets for Bituminous Mixtures from Turkey in 2022:

  1. Israel (580.5 tons)
  2. Ghana (309.6 tons)
  3. Tanzania (252.7 tons)
  4. Georgia (246.9 tons)
  5. Iraq (177.8 tons)
  6. Cyprus (165.3 tons)
  7. Cameroon (127.9 tons)
  8. Turkmenistan (105.0 tons)
  9. France (97.4 tons)
  10. Uzbekistan (92.3 tons)
  11. Germany (86.7 tons)
  12. Azerbaijan (75.0 tons)
  13. Moldova (73.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bituminous mixtures 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 23991310 - Bituminous mixtures based on natural and artificial aggregate and bitumen or natural asphalt as a binder

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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