Turkey - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Polymer Bag Price in Turkey - 2023
Contents:
- Ethylene Polymer Bag Price in Turkey (FOB) - 2023
- Ethylene Polymer Bag Price in Turkey (CIF) - 2023
- Ethylene Polymer Bag Exports in Turkey
- Ethylene Polymer Bag Imports in Turkey
Ethylene Polymer Bag Price in Turkey (FOB) - 2023
In July 2023, the average ethylene polymer bag export price amounted to $2,537 per ton, stabilizing at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 7.4% against the previous month. The export price peaked at $2,676 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the Czech Republic ($5,432 per ton), while the average price for exports to the UK ($1,914 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 Germany (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Polymer Bag Price in Turkey (CIF) - 2023
The average ethylene polymer bag import price stood at $5,790 per ton in July 2023, growing by 33% against the previous month. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $6,755 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($9,439 per ton), while the price for Iran ($1,460 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethylene Polymer Bag Exports in Turkey
In 2022, approx. 188K tons of sacks and bags of polymers of ethylene were exported from Turkey; growing by 7.4% against 2021. The total export volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, ethylene polymer bag exports expanded remarkably to $475M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Ethylene Polymer Bag in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 61.6 | 75.2 | 90.4 | 113 | 22.4% |
| Germany | 52.5 | 48.8 | 69.1 | 72.2 | 11.2% |
| Israel | 27.7 | 29.3 | 42.1 | 48.2 | 20.3% |
| United States | 29.0 | 33.2 | 35.5 | 35.6 | 7.1% |
| Netherlands | 14.8 | 16.4 | 21.5 | 20.7 | 11.8% |
| France | 10.1 | 10.5 | 11.4 | 16.9 | 18.7% |
| Iraq | 9.6 | 9.2 | 8.8 | 8.2 | -5.1% |
| Belgium | 3.0 | 3.8 | 6.8 | 7.6 | 36.3% |
| Spain | 2.7 | 4.3 | 7.6 | 7.6 | 41.2% |
| Others | 96.3 | 98.5 | 131 | 146 | 14.9% |
| Total | 307 | 329 | 425 | 475 | 15.7% |
Top Export Markets for Ethylene Polymer Bag from Turkey in 2022:
- United Kingdom (62.4K tons)
- Israel (24.5K tons)
- Germany (20.7K tons)
- United States (14.4K tons)
- Netherlands (5.7K tons)
- France (5.1K tons)
- Spain (3.5K tons)
- Iraq (3.2K tons)
- Belgium (3.1K tons)
Ethylene Polymer Bag Imports in Turkey
In 2022, after two years of decline, there was significant growth in purchases abroad of sacks and bags of polymers of ethylene, when their volume increased by 16% to 7.1K tons. Over the period under review, imports, however, saw a deep contraction.
In value terms, ethylene polymer bag imports soared to $39M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ethylene Polymer Bag in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 4.8 | 7.0 | 9.1 | 23.8% |
| Germany | 4.7 | 6.3 | 7.7 | 9.0 | 24.2% |
| Italy | 1.3 | 2.0 | 4.4 | 5.3 | 59.8% |
| Netherlands | 5.5 | 6.1 | 2.6 | 3.1 | -17.4% |
| France | 2.6 | 2.0 | 3.5 | 2.4 | -2.6% |
| United Kingdom | 2.1 | 1.9 | 1.4 | 1.5 | -10.6% |
| Poland | 0.8 | 1.3 | 1.5 | 1.3 | 17.6% |
| Thailand | 0.5 | 0.7 | 1.1 | 1.3 | 37.5% |
| Spain | 0.4 | 0.3 | 0.5 | 1.3 | 48.1% |
| Bulgaria | 1.1 | 0.6 | 0.3 | 0.5 | -23.1% |
| Iran | 1.2 | 0.4 | 0.2 | 0.4 | -30.7% |
| Others | 4.1 | 4.2 | 2.8 | 3.3 | -7.0% |
| Total | 28.9 | 30.5 | 33.0 | 38.6 | 10.1% |
Top Suppliers of Ethylene Polymer Bag to Turkey in 2022:
- China (2247.3 tons)
- Germany (1231.8 tons)
- Italy (725.0 tons)
- Netherlands (382.2 tons)
- United Kingdom (381.7 tons)
- Spain (368.6 tons)
- France (356.6 tons)
- Iran (287.8 tons)
- Poland (242.4 tons)
- Thailand (213.5 tons)
- Bulgaria (121.5 tons)
This report provides an in-depth analysis of the ethylene polymer 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)
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
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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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