Turkey - Spools, Cops, Bobbins And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Supports Price in Turkey - 2023
Contents:
- Plastic Supports Price in Turkey (CIF) - 2023
- Plastic Supports Price in Turkey (FOB) - 2023
- Plastic Supports Imports in Turkey
- Plastic Supports Exports in Turkey
Plastic Supports Price in Turkey (CIF) - 2023
The average plastic supports import price stood at $6,812 per ton in July 2023, jumping by 23% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($38,017 per ton), while the price for China ($2,442 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 UK (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Supports Price in Turkey (FOB) - 2023
The average plastic supports export price stood at $4,184 per ton in July 2023, waning by -2.5% against the previous month. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 40% against the previous month. Over the period under review, the average export prices reached the maximum at $6,158 per ton in September 2022; however, from October 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Serbia ($6,822 per ton), while the average price for exports to Italy ($1,219 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 Bulgaria (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Supports Imports in Turkey
In 2022, approx. 3.3K tons of spools, cops, bobbins and similar supports of plastics were imported into Turkey; increasing by 17% against 2021. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, plastic supports imports expanded modestly to $15M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year.
Import of Plastic Supports in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 1,814 | 1,716 | 2,364 | 2,445 | 10.5% |
China | 785 | 534 | 767 | 2,122 | 39.3% |
Germany | 1,567 | 1,928 | 2,572 | 1,917 | 7.0% |
United States | 1,090 | 928 | 2,071 | 1,302 | 6.1% |
Italy | 1,006 | 721 | 978 | 1,035 | 1.0% |
Romania | 1,734 | 1,178 | 1,118 | 818 | -22.2% |
Bulgaria | 1,264 | 1,351 | 699 | 818 | -13.5% |
Malaysia | 302 | 241 | 328 | 796 | 38.1% |
Tunisia | 542 | 403 | 759 | 606 | 3.8% |
Portugal | 306 | 272 | 418 | 495 | 17.4% |
Egypt | 289 | 221 | 251 | 399 | 11.4% |
Slovakia | 798 | 361 | 188 | 377 | -22.1% |
Israel | 268 | 307 | 303 | 316 | 5.6% |
Others | 3,651 | 1,331 | 1,973 | 1,959 | -18.7% |
Total | 15,414 | 11,492 | 14,787 | 15,405 | -0.0% |
Top Suppliers of Plastic Supports to Turkey in 2022:
- China (859.9 tons)
- United States (348.9 tons)
- Italy (321.3 tons)
- Germany (299.6 tons)
- Serbia (283.2 tons)
- Portugal (151.2 tons)
- Malaysia (146.5 tons)
- Bulgaria (139.1 tons)
- Romania (138.2 tons)
- Israel (111.8 tons)
- Slovakia (92.9 tons)
- Tunisia (77.6 tons)
- Egypt (55.4 tons)
Plastic Supports Exports in Turkey
In 2022, plastic supports exports from Turkey surged to 3.1K tons, growing by 15% compared with the previous year. The total export volume increased at an average annual rate of +1.7% 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 2021 when exports increased by 22% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, plastic supports exports soared to $15M in 2022. In general, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 36%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Plastic Supports in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | 3,754 | 799 | 1,280 | 2,442 | -13.4% |
Serbia | 1,723 | 1,552 | 2,375 | 2,278 | 9.8% |
Pakistan | 1,205 | 1,027 | 1,796 | 1,609 | 10.1% |
Bangladesh | 317 | 46.2 | 43.2 | 696 | 30.0% |
United States | 424 | 284 | 355 | 598 | 12.1% |
Germany | 861 | 985 | 765 | 574 | -12.6% |
Egypt | 368 | 347 | 642 | 542 | 13.8% |
Portugal | 308 | 301 | 362 | 511 | 18.4% |
Spain | 55.2 | 319 | 419 | 453 | 101.7% |
Guatemala | 21.2 | 46.9 | 134 | 442 | 175.2% |
Bulgaria | 157 | 216 | 299 | 310 | 25.5% |
Turkmenistan | 495 | 100 | 201 | 284 | -16.9% |
Morocco | 91.4 | 158 | 113 | 186 | 26.7% |
Others | 4,462 | 3,279 | 4,127 | 4,083 | -2.9% |
Total | 14,241 | 9,460 | 12,910 | 15,008 | 1.8% |
Top Export Markets for Plastic Supports from Turkey in 2022:
- Pakistan (381.6 tons)
- Uzbekistan (348.1 tons)
- Serbia (337.0 tons)
- Germany (154.0 tons)
- Bulgaria (140.1 tons)
- Portugal (136.6 tons)
- Egypt (130.8 tons)
- Bangladesh (122.7 tons)
- Morocco (98.2 tons)
- Guatemala (97.2 tons)
- Spain (93.3 tons)
- Turkmenistan (90.3 tons)
- United States (72.6 tons)
This report provides an in-depth analysis of the plastic supports 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
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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In January 2023, plastic support prices dropped by 20.4%, amounting to $4,524 per ton CIF in Turkey.
In January 2023, the price for plastic boxes FOB Turkey stood at $2,839 per ton, which was a -4.4% decrease compared to the previous month.
In March 2023, the Plastic Bottle industry experienced a 32% month-to-month growth rate, marking a significant increase. However, by January 2024, exports in value terms had fallen to $13M.
In December 2022, the plastic bag price was $2,669 per ton (FOB, Turkey), a 1.5% increase from the previous month.
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