Turkey - Polycarbonates (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolycarbonate Price in Turkey - 2023
Contents:
- Polycarbonate Price in Turkey (CIF) - 2023
- Polycarbonate Price in Turkey (FOB) - 2023
- Polycarbonate Imports in Turkey
- Polycarbonate Exports in Turkey
Polycarbonate Price in Turkey (CIF) - 2023
In July 2023, the average polycarbonate import price amounted to $2,682 per ton, stabilizing at the previous month. In general, the import price, however, saw a mild reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 3.3% m-o-m. The import price peaked at $3,350 per ton in July 2022; however, from August 2022 to July 2023, import prices stood 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 Spain ($4,386 per ton), while the price for Russia ($1,759 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 Spain (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Polycarbonate Price in Turkey (FOB) - 2023
In July 2023, the average polycarbonate export price amounted to $3,065 per ton, picking up by 4.5% against the previous month. Over the period under review, the export price showed a modest increase. The most prominent rate of growth was recorded in March 2023 an increase of 27% against the previous month. As a result, the export price reached the peak level of $3,146 per ton; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($4,477 per ton), while the average price for exports to Russia ($1,553 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 Uzbekistan (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Polycarbonate Imports in Turkey
In 2022, the amount of polycarbonates (in primary forms) imported into Turkey rose to 71K tons, with an increase of 5% against the year before. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, polycarbonate imports expanded rapidly to $231M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Polycarbonate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 35.1 | 39.8 | 57.4 | 53.4 | 15.0% |
| Germany | 27.5 | 34.5 | 39.7 | 44.7 | 17.6% |
| Netherlands | 20.9 | 17.0 | 28.4 | 32.5 | 15.9% |
| Saudi Arabia | 17.9 | 15.2 | 33.2 | 30.1 | 18.9% |
| China | 0.2 | 1.8 | 4.9 | 16.1 | 331.8% |
| Spain | 10.1 | 8.3 | 11.8 | 14.9 | 13.8% |
| Belgium | 14.2 | 16.7 | 14.3 | 13.6 | -1.4% |
| Russia | 0.2 | 0.3 | 6.0 | 7.8 | 239.1% |
| Italy | 6.7 | 5.5 | 6.4 | 6.3 | -2.0% |
| Others | 7.6 | 7.2 | 11.1 | 11.9 | 16.1% |
| Total | 140 | 146 | 213 | 231 | 18.2% |
Top Suppliers of Polycarbonate to Turkey in 2022:
- South Korea (15.1K tons)
- Germany (13.8K tons)
- Saudi Arabia (10.8K tons)
- Netherlands (9.1K tons)
- China (6.3K tons)
- Spain (4.2K tons)
- Russia (4.0K tons)
- Belgium (3.7K tons)
- Italy (1.2K tons)
Polycarbonate Exports in Turkey
For the fourth year in a row, Turkey recorded growth in overseas shipments of polycarbonates (in primary forms), which increased by 137% to 8.6K tons in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, polycarbonate exports soared to $24M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Polycarbonate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 0.3 | 0.3 | 0.7 | 4.5 | 146.6% |
| Uzbekistan | N/A | N/A | 0.2 | 3.6 | 1700.0% |
| Egypt | 0.4 | 0.3 | 0.6 | 2.2 | 76.5% |
| Russia | 0.7 | 1.5 | 1.3 | 2.1 | 44.2% |
| Iran | 1.8 | 1.3 | 3.1 | 2.0 | 3.6% |
| Latvia | N/A | N/A | N/A | 1.4 | 0% |
| Germany | 1.1 | 0.5 | 1.9 | 1.1 | 0.0% |
| Italy | N/A | 0.2 | N/A | 1.0 | 123.6% |
| Azerbaijan | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
| Netherlands | 0.4 | 0.2 | 0.1 | 0.3 | -9.1% |
| Others | 2.3 | 1.7 | 1.5 | 4.7 | 26.9% |
| Total | 7.5 | 6.2 | 9.9 | 23.6 | 46.5% |
Top Export Markets for Polycarbonate from Turkey in 2022:
- Israel (1857.6 tons)
- Uzbekistan (1361.5 tons)
- Russia (827.4 tons)
- Iran (616.2 tons)
- Egypt (592.0 tons)
- Latvia (584.0 tons)
- Germany (492.0 tons)
- Italy (417.2 tons)
- Azerbaijan (163.6 tons)
- Netherlands (121.0 tons)
This report provides an in-depth analysis of the polycarbonate 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 20164040 - Polycarbonates, 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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