Turkey - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Turkey - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Container Price in Turkey - 2023

Contents:

  1. Plastic Container Price in Turkey (FOB) - 2023
  2. Plastic Container Price in Turkey (CIF) - 2023
  3. Plastic Container Exports in Turkey
  4. Plastic Container Imports in Turkey

Plastic Container Price in Turkey (FOB) - 2023

In July 2023, the average plastic container export price amounted to $3,307 per ton, increasing by 3.6% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices reached the peak figure in July 2023.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Germany ($4,145 per ton), while the average price for exports to Ethiopia ($658 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 Kuwait (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Container Price in Turkey (CIF) - 2023

The average plastic container import price stood at $8,023 per ton in July 2023, jumping by 39% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 42% against the previous month. As a result, import price attained the peak level of $8,812 per ton. From December 2022 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($13,159 per ton), while the price for the Czech Republic ($1,966 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 Slovakia (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Plastic Container Exports in Turkey

In 2022, after three years of growth, there was significant decline in shipments abroad of plastic containers, when their volume decreased by -38.8% to 27K tons. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. As a result, the exports reached the peak of 44K tons, and then dropped significantly in the following year.

In value terms, plastic container exports fell remarkably to $79M in 2022. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, the exports attained the peak of $130M, and then fell rapidly in the following year.

Export of Plastic Container in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.99.515.89.4-1.7%
Romania2.63.88.24.822.7%
United Kingdom2.12.78.14.831.7%
Germany4.33.96.84.0-2.4%
Spain2.03.16.43.823.9%
Bulgaria1.72.06.13.628.4%
France2.62.85.63.38.3%
Iraq2.01.94.32.57.7%
Greece2.52.03.82.2-4.2%
Israel1.51.23.62.111.9%
United States0.71.33.42.041.9%
Tunisia0.90.92.91.723.6%
ZambiaN/A0.10.40.241.4%
Others27.325.854.234.68.2%
Total60.061.013079.19.6%

Top Export Markets for Plastic Container from Turkey in 2022:

  1. Italy (3.5K tons)
  2. Romania (1.5K tons)
  3. United Kingdom (1.5K tons)
  4. Spain (1.5K tons)
  5. Bulgaria (1.3K tons)
  6. Germany (1.0K tons)
  7. Iraq (1.0K tons)
  8. Israel (0.8K tons)
  9. France (0.8K tons)
  10. Zambia (0.7K tons)
  11. Greece (0.7K tons)
  12. United States (0.6K tons)
  13. Tunisia (0.6K tons)

Plastic Container Imports in Turkey

In 2022, plastic container imports into Turkey shrank notably to 6.3K tons, dropping by -34.6% on 2021. Overall, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +11.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 70%. As a result, imports attained the peak of 9.6K tons, and then dropped markedly in the following year.

In value terms, plastic container imports shrank markedly to $38M in 2022. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of $61M, and then reduced notably in the following year.

Import of Plastic Container in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.89.816.19.6-6.6%
China16.114.013.69.0-17.6%
France5.16.99.15.41.9%
Belgium1.81.84.32.511.6%
Netherlands0.83.42.41.420.5%
Italy2.82.02.01.4-20.6%
United States0.81.41.81.111.2%
Romania0.50.61.20.711.9%
Sweden0.50.91.20.711.9%
Spain1.50.91.00.7-22.4%
United Kingdom0.80.60.90.6-9.1%
Iran0.20.30.70.426.0%
United Arab Emirates0.10.10.70.458.7%
Others7.35.45.94.2-16.8%
Total50.148.260.838.2-8.6%

Top Suppliers of Plastic Container to Turkey in 2022:

  1. Germany (1290.4 tons)
  2. Belgium (901.6 tons)
  3. China (876.0 tons)
  4. France (810.8 tons)
  5. Romania (331.8 tons)
  6. Spain (330.1 tons)
  7. United States (263.1 tons)
  8. Sweden (235.7 tons)
  9. Iran (176.4 tons)
  10. Italy (147.8 tons)
  11. Netherlands (137.4 tons)
  12. United Arab Emirates (116.7 tons)
  13. United Kingdom (104.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic container 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 22221950 - Articles for the conveyance or packaging of goods, of plastics (excluding boxes, cases, crates and similar articles, sacks and bags, including cones, carboys, bottles, flasks and similar articles, spools, spindles, bobbins and similar supports, s toppers, lids, caps and other closures)

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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