Turkey - Polyacetals In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyacetals Price in Turkey - 2023
Contents:
- Polyacetals Price in Turkey (CIF) - 2023
- Polyacetals Price in Turkey (FOB) - 2022
- Polyacetals Imports in Turkey
- Polyacetals Exports in Turkey
Polyacetals Price in Turkey (CIF) - 2023
In July 2023, the average polyacetals import price amounted to $2,191 per ton, falling by -2.9% against the previous month. Overall, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in September 2022 when the average import price increased by 4.1% month-to-month. As a result, import price attained the peak level of $3,554 per ton. From October 2022 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($4,986 per ton), while the price for China ($1,808 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 Netherlands (+2.9%), while the prices for the other major suppliers experienced a decline.
Polyacetals Price in Turkey (FOB) - 2022
In 2022, the average polyacetals export price amounted to $3,761 per ton, growing by 14% against the previous year. In general, the export price showed a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 138% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($4,750 per ton), while the average price for exports to Georgia ($1,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Polyacetals Imports in Turkey
After three years of growth, overseas purchases of polyacetals in primary forms decreased by -4.8% to 24K tons in 2022. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports reached the peak of 25K tons, and then declined slightly in the following year.
In value terms, polyacetals imports skyrocketed to $80M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Polyacetals in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.0 | 14.3 | 20.2 | 26.4 | 18.2% |
| China | 0.7 | 0.5 | 4.9 | 16.2 | 185.0% |
| South Korea | 10.4 | 8.1 | 10.7 | 10.6 | 0.6% |
| Saudi Arabia | 1.3 | 3.0 | 6.3 | 7.5 | 79.4% |
| Netherlands | 3.7 | 2.9 | 5.5 | 6.0 | 17.5% |
| Taiwan (Chinese) | 2.4 | 1.9 | 1.5 | 6.0 | 35.7% |
| Thailand | 2.6 | 2.2 | 2.9 | 4.1 | 16.4% |
| Malaysia | 2.4 | 1.4 | 2.3 | 0.4 | -45.0% |
| Others | 1.5 | 2.1 | 3.9 | 3.1 | 27.4% |
| Total | 40.9 | 36.5 | 58.2 | 80.3 | 25.2% |
Top Suppliers of Polyacetals to Turkey in 2022:
- Germany (7.1K tons)
- China (4.9K tons)
- South Korea (3.5K tons)
- Saudi Arabia (2.4K tons)
- Netherlands (2.0K tons)
- Taiwan (Chinese) (2.0K tons)
- Thailand (1.3K tons)
- Malaysia (0.2K tons)
Polyacetals Exports in Turkey
In 2022, approx. 691 tons of polyacetals in primary forms were exported from Turkey; increasing by 16% on the previous year. In general, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 77% against the previous year. As a result, the exports reached the peak of 1.7K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, polyacetals exports skyrocketed to $2.6M in 2022. The total export value increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 34%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Polyacetals in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 1,327 | 1,741 | 552 | 1,211 | -3.0% |
| Russia | N/A | 0.1 | 16.9 | 430 | 6457.4% |
| Germany | 32.2 | 80.2 | 341 | 315 | 113.9% |
| Bulgaria | 24.0 | 19.3 | 133 | 168 | 91.3% |
| Iraq | N/A | N/A | N/A | 81.8 | 0% |
| Bangladesh | N/A | N/A | 15.0 | 61.9 | 312.7% |
| Uzbekistan | 69.3 | 43.8 | 15.9 | 50.1 | -10.2% |
| Georgia | 69.1 | 147 | 54.7 | 7.0 | -53.4% |
| Others | 276 | 379 | 838 | 275 | -0.1% |
| Total | 1,798 | 2,410 | 1,967 | 2,601 | 13.1% |
Top Export Markets for Polyacetals from Turkey in 2022:
- Iran (357.4 tons)
- Russia (95.5 tons)
- Germany (78.1 tons)
- Bulgaria (35.3 tons)
- Iraq (31.4 tons)
- Bangladesh (19.5 tons)
- Uzbekistan (14.1 tons)
- Georgia (6.5 tons)
This report provides an in-depth analysis of the polyacetals 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 20164013 - Polyacetals, in primary forms
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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