Turkey - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Container Price in Turkey - 2023
Contents:
- Plastic Container Price in Turkey (FOB) - 2023
- Plastic Container Price in Turkey (CIF) - 2023
- Plastic Container Exports in Turkey
- 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) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 9.9 | 9.5 | 15.8 | 9.4 | -1.7% |
Romania | 2.6 | 3.8 | 8.2 | 4.8 | 22.7% |
United Kingdom | 2.1 | 2.7 | 8.1 | 4.8 | 31.7% |
Germany | 4.3 | 3.9 | 6.8 | 4.0 | -2.4% |
Spain | 2.0 | 3.1 | 6.4 | 3.8 | 23.9% |
Bulgaria | 1.7 | 2.0 | 6.1 | 3.6 | 28.4% |
France | 2.6 | 2.8 | 5.6 | 3.3 | 8.3% |
Iraq | 2.0 | 1.9 | 4.3 | 2.5 | 7.7% |
Greece | 2.5 | 2.0 | 3.8 | 2.2 | -4.2% |
Israel | 1.5 | 1.2 | 3.6 | 2.1 | 11.9% |
United States | 0.7 | 1.3 | 3.4 | 2.0 | 41.9% |
Tunisia | 0.9 | 0.9 | 2.9 | 1.7 | 23.6% |
Zambia | N/A | 0.1 | 0.4 | 0.2 | 41.4% |
Others | 27.3 | 25.8 | 54.2 | 34.6 | 8.2% |
Total | 60.0 | 61.0 | 130 | 79.1 | 9.6% |
Top Export Markets for Plastic Container from Turkey in 2022:
- Italy (3.5K tons)
- Romania (1.5K tons)
- United Kingdom (1.5K tons)
- Spain (1.5K tons)
- Bulgaria (1.3K tons)
- Germany (1.0K tons)
- Iraq (1.0K tons)
- Israel (0.8K tons)
- France (0.8K tons)
- Zambia (0.7K tons)
- Greece (0.7K tons)
- United States (0.6K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.8 | 9.8 | 16.1 | 9.6 | -6.6% |
China | 16.1 | 14.0 | 13.6 | 9.0 | -17.6% |
France | 5.1 | 6.9 | 9.1 | 5.4 | 1.9% |
Belgium | 1.8 | 1.8 | 4.3 | 2.5 | 11.6% |
Netherlands | 0.8 | 3.4 | 2.4 | 1.4 | 20.5% |
Italy | 2.8 | 2.0 | 2.0 | 1.4 | -20.6% |
United States | 0.8 | 1.4 | 1.8 | 1.1 | 11.2% |
Romania | 0.5 | 0.6 | 1.2 | 0.7 | 11.9% |
Sweden | 0.5 | 0.9 | 1.2 | 0.7 | 11.9% |
Spain | 1.5 | 0.9 | 1.0 | 0.7 | -22.4% |
United Kingdom | 0.8 | 0.6 | 0.9 | 0.6 | -9.1% |
Iran | 0.2 | 0.3 | 0.7 | 0.4 | 26.0% |
United Arab Emirates | 0.1 | 0.1 | 0.7 | 0.4 | 58.7% |
Others | 7.3 | 5.4 | 5.9 | 4.2 | -16.8% |
Total | 50.1 | 48.2 | 60.8 | 38.2 | -8.6% |
Top Suppliers of Plastic Container to Turkey in 2022:
- Germany (1290.4 tons)
- Belgium (901.6 tons)
- China (876.0 tons)
- France (810.8 tons)
- Romania (331.8 tons)
- Spain (330.1 tons)
- United States (263.1 tons)
- Sweden (235.7 tons)
- Iran (176.4 tons)
- Italy (147.8 tons)
- Netherlands (137.4 tons)
- United Arab Emirates (116.7 tons)
- United Kingdom (104.2 tons)
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:
- 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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