Turkey - Worked Articles Of Wax - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWorked Wax Articles Price in Turkey - 2023
Contents:
- Worked Wax Articles Price in Turkey (CIF) - 2022
- Worked Wax Articles Price in Turkey (FOB) - 2022
- Worked Wax Articles Imports in Turkey
- Worked Wax Articles Exports in Turkey
Worked Wax Articles Price in Turkey (CIF) - 2022
The average worked wax articles import price stood at $6.3 per thousand units in 2022, declining by -3.3% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2014 when the average import price increased by 13% against the previous year. As a result, import price reached the peak level of $10 per thousand units. From 2015 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($10 per thousand units), while the price for Italy ($0.7 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Worked Wax Articles Price in Turkey (FOB) - 2022
In 2022, the average worked wax articles export price amounted to $4.2 per thousand units, increasing by 34% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 191%. As a result, the export price reached the peak level of $5.9 per thousand units. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($8 per thousand units), while the average price for exports to South Africa ($0.7 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.
Worked Wax Articles Imports in Turkey
In 2022, the amount of worked articles of wax imported into Turkey soared to 2.9B units, increasing by 18% compared with the previous year. The total import volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, worked wax articles imports rose sharply to $19M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Worked Wax Articles in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 10.7 | 10.0 | 11.6 | 12.3 | 4.8% |
Romania | 0.5 | 0.6 | 0.2 | 1.2 | 33.9% |
Vietnam | N/A | N/A | N/A | 1.0 | 0% |
Spain | 0.6 | 0.9 | 0.6 | 0.8 | 10.1% |
Croatia | 0.4 | 0.2 | 0.2 | 0.7 | 20.5% |
Italy | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
France | 0.7 | 0.7 | 0.5 | 0.4 | -17.0% |
Germany | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
India | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
South Korea | 0.9 | 1.2 | 1.0 | 0.2 | -39.4% |
Others | 0.6 | 1.1 | 1.2 | 1.0 | 18.6% |
Total | 15.0 | 15.6 | 16.3 | 18.7 | 7.6% |
Top Suppliers of Worked Wax Articles to Turkey in 2022:
- Belgium (1242.8M units)
- Italy (628.3M units)
- Germany (330.8M units)
- Romania (167.2M units)
- Vietnam (141.1M units)
- Spain (99.8M units)
- Croatia (66.2M units)
- France (54.2M units)
- South Korea (44.1M units)
- India (40.3M units)
Worked Wax Articles Exports in Turkey
Worked wax articles exports from Turkey skyrocketed to 322M units in 2022, growing by 33% compared with the previous year's figure. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 154%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, worked wax articles exports surged to $1.4M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 256%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Worked Wax Articles in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Algeria | 67.9 | 42.5 | 436 | 577 | 104.1% |
Hong Kong SAR | 24.4 | 0.2 | 5.9 | 241 | 114.6% |
Azerbaijan | 0.3 | 1.5 | 15.1 | 77.2 | 536.1% |
Russia | N/A | N/A | 0.4 | 58.8 | 14600.0% |
India | N/A | N/A | 22.9 | 45.6 | 99.1% |
France | N/A | 9.8 | 1.8 | 45.0 | 114.3% |
Jordan | 0.2 | N/A | 3.7 | 40.6 | 487.7% |
Qatar | 0.5 | N/A | 9.6 | 34.0 | 308.2% |
Israel | 2.1 | 0.3 | 14.4 | 29.6 | 141.6% |
Austria | N/A | 0.7 | 1.4 | 13.7 | 342.4% |
South Africa | 17.9 | 18.5 | 23.3 | 10.3 | -16.8% |
Oman | N/A | 1.6 | N/A | 9.4 | 142.4% |
Egypt | 35.4 | 3.5 | 4.3 | 7.0 | -41.7% |
Others | 435 | 137 | 229 | 175 | -26.2% |
Total | 584 | 216 | 768 | 1,365 | 32.7% |
Top Export Markets for Worked Wax Articles from Turkey in 2022:
- Algeria (82.3M units)
- Azerbaijan (63.2M units)
- Hong Kong SAR (38.1M units)
- Israel (26.5M units)
- South Africa (14.0M units)
- Qatar (13.3M units)
- France (7.7M units)
- Russia (7.3M units)
- Egypt (7.0M units)
- Oman (6.5M units)
- Jordan (6.4M units)
- Austria (6.2M units)
- India (5.7M units)
This report provides an in-depth analysis of the worked wax articles 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 32995940 - Worked vegetable or mineral..., moulded... articles of wax, s tearin,
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
This report provides an in-depth analysis of the worked wax articles market in Turkey.
This report provides an in-depth analysis of the global worked wax articles market.
This report provides an in-depth analysis of the worked wax articles market in Turkey.
This report provides an in-depth analysis of the global worked wax articles market.
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