Turkey - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Turkey - 2023
Contents:
- Plastic Furniture Fittings Price in Turkey (FOB) - 2023
- Plastic Furniture Fittings Price in Turkey (CIF) - 2023
- Plastic Furniture Fittings Exports in Turkey
- Plastic Furniture Fittings Imports in Turkey
Plastic Furniture Fittings Price in Turkey (FOB) - 2023
The average plastic furniture fittings export price stood at $8,503 per ton in July 2023, picking up by 17% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 61% month-to-month. Over the period under review, the average export prices reached the maximum in July 2023.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Hungary ($15,968 per ton), while the average price for exports to Tajikistan ($1,813 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 Algeria (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Price in Turkey (CIF) - 2023
In July 2023, the average plastic furniture fittings import price amounted to $12,771 per ton, growing by 18% against the previous month. In general, import price indicated a mild expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, plastic furniture fittings import price increased by +18.5% against May 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 58% against the previous month. As a result, import price attained the peak level of $17,576 per ton. From March 2023 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 Spain ($22,480 per ton), while the price for India ($4,108 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 Romania (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Exports in Turkey
Plastic furniture fittings exports from Turkey stood at 5.4K tons in 2022, remaining stable against 2021 figures. In general, exports, however, saw a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of 5.3%.
In value terms, plastic furniture fittings exports declined slightly to $37M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 14%.
| Export of Plastic Furniture Fittings in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.9 | 5.8 | 8.4 | 8.3 | 19.2% |
| United States | 7.6 | 6.4 | 4.6 | 5.9 | -8.1% |
| Germany | 2.3 | 2.2 | 2.7 | 2.4 | 1.4% |
| Hungary | 2.8 | 1.9 | 1.8 | 2.1 | -9.1% |
| Russia | 1.0 | 1.1 | 2.0 | 1.8 | 21.6% |
| Kyrgyzstan | N/A | N/A | 0.1 | 1.5 | 1400.0% |
| France | 1.6 | 1.4 | 1.6 | 1.4 | -4.4% |
| Bulgaria | 0.8 | 1.3 | 1.3 | 1.3 | 17.6% |
| Azerbaijan | 0.4 | 0.6 | 1.2 | 0.8 | 26.0% |
| Romania | 0.7 | 0.8 | 1.0 | 0.6 | -5.0% |
| Libya | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Georgia | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Iraq | 1.7 | 0.5 | 0.5 | 0.4 | -38.3% |
| Others | 13.6 | 10.9 | 11.8 | 9.7 | -10.7% |
| Total | 38.1 | 33.2 | 37.8 | 37.1 | -0.9% |
Top Export Markets for Plastic Furniture Fittings from Turkey in 2022:
- Belgium (694.2 tons)
- United States (618.3 tons)
- Bulgaria (378.8 tons)
- Germany (338.2 tons)
- Kyrgyzstan (326.0 tons)
- France (257.7 tons)
- Iraq (224.8 tons)
- Russia (217.1 tons)
- Azerbaijan (158.2 tons)
- Hungary (150.8 tons)
- Libya (146.8 tons)
- Georgia (116.2 tons)
- Romania (102.4 tons)
Plastic Furniture Fittings Imports in Turkey
In 2022, imports of plastic fittings for furniture into Turkey rose slightly to 2.8K tons, with an increase of 1.8% compared with 2021. Over the period under review, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.6%.
In value terms, plastic furniture fittings imports expanded slightly to $36M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 9.9%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Plastic Furniture Fittings in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.5 | 4.6 | 5.2 | 5.8 | 1.8% |
| South Korea | 1.5 | 2.7 | 3.8 | 4.8 | 47.4% |
| Japan | 4.7 | 4.0 | 4.3 | 3.7 | -7.7% |
| China | 1.8 | 1.7 | 1.8 | 3.4 | 23.6% |
| France | 2.0 | 3.5 | 3.6 | 3.3 | 18.2% |
| India | 3.0 | 2.3 | 1.8 | 1.8 | -15.7% |
| Italy | 1.2 | 1.2 | 1.6 | 1.6 | 10.1% |
| Romania | 0.8 | 0.8 | 0.8 | 1.3 | 17.6% |
| Poland | 1.2 | 1.4 | 2.6 | 1.3 | 2.7% |
| Spain | 2.6 | 1.6 | 1.1 | 1.1 | -24.9% |
| Austria | 0.7 | 0.7 | 1.0 | 0.9 | 8.7% |
| Czech Republic | 1.1 | 0.8 | 0.8 | 0.8 | -10.1% |
| Portugal | 2.2 | 0.6 | 0.6 | 0.4 | -43.3% |
| Others | 4.2 | 5.4 | 5.3 | 5.5 | 9.4% |
| Total | 32.5 | 31.3 | 34.4 | 35.8 | 3.3% |
Top Suppliers of Plastic Furniture Fittings to Turkey in 2022:
- South Korea (616.8 tons)
- India (608.1 tons)
- Germany (316.1 tons)
- France (190.2 tons)
- Romania (173.4 tons)
- Japan (172.6 tons)
- China (171.1 tons)
- Poland (97.2 tons)
- Italy (71.0 tons)
- Spain (53.9 tons)
- Czech Republic (51.0 tons)
- Austria (45.2 tons)
- Portugal (18.5 tons)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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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