Turkey - Plastic Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Turkey - Plastic Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Reservoir Price in Turkey - 2023

Contents:

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

Plastic Reservoir Price in Turkey (FOB) - 2023

The average plastic reservoir export price stood at $3,190 per ton in September 2023, flattening at the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 34% month-to-month. The export price peaked at $5,337 per ton in November 2022; however, from December 2022 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Romania ($8,564 per ton), while the average price for exports to Russia ($1,818 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Reservoir Price in Turkey (CIF) - 2023

In September 2023, the average plastic reservoir import price amounted to $2,235 per ton, therefore, remained relatively stable against the previous month. Overall, the import price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 67% month-to-month. As a result, import price attained the peak level of $5,540 per ton. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,312 per ton), while the price for China ($1,528 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Plastic Reservoir Exports in Turkey

In 2022, approx. 3.6K tons of plastic reservoirs, tanks and vats were exported from Turkey; rising by 26% compared with the previous year's figure. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 55%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, plastic reservoir exports skyrocketed to $13M in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 57% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Plastic Reservoir in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan58.845.65991,771211.1%
Syrian Arab RepublicN/AN/AN/A1,1630%
Bulgaria2237761,2281,13371.9%
Nigeria31.922.9157855199.3%
ArgentinaN/AN/AN/A8340%
Netherlands18258.329.273659.3%
Ukraine2.719278.4632516.3%
Iraq28143175240412.9%
Greece39.256.4188391115.3%
Azerbaijan13529532330931.8%
Cyprus16920420925715.0%
Singapore0.2125574230947.7%
Georgia19912772.8170-5.1%
Others2,8753,3614,7563,7649.4%
Total4,1965,6958,96712,65044.5%

Top Export Markets for Plastic Reservoir from Turkey in 2022:

  1. Jordan (630.0 tons)
  2. Syrian Arab Republic (454.7 tons)
  3. Bulgaria (430.5 tons)
  4. Nigeria (169.9 tons)
  5. Azerbaijan (151.0 tons)
  6. Ukraine (139.4 tons)
  7. Greece (127.7 tons)
  8. Netherlands (113.3 tons)
  9. Iraq (106.6 tons)
  10. Argentina (104.8 tons)
  11. Singapore (100.1 tons)
  12. Cyprus (98.5 tons)
  13. Georgia (91.4 tons)

Plastic Reservoir Imports in Turkey

In 2022, imports of plastic reservoirs, tanks and vats into Turkey surged to 510 tons, rising by 25% against the previous year. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, plastic reservoir imports dropped to $2.7M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. As a result, imports attained the peak of $4M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Plastic Reservoir in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8552,0561,8771,22912.9%
Italy19784939142329.0%
China1158.465.442154.1%
Spain2.374.348.4128281.8%
France8.428.422.6121143.3%
South Korea17822734.284.2-22.1%
Iran0.34.46.45.1157.1%
VietnamN/A391378N/A-3.3%
Others743392161297-26.3%
Total2,0994,0302,9832,7098.9%

Top Suppliers of Plastic Reservoir to Turkey in 2022:

  1. Germany (137.3 tons)
  2. China (131.8 tons)
  3. Italy (105.0 tons)
  4. South Korea (42.8 tons)
  5. France (25.8 tons)
  6. Spain (22.9 tons)
  7. Iran (13.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic reservoir 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 22231300 - Plastic reservoirs, tanks, vats, intermediate bulk and similar containers, of a capacity > .300 litres

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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