Report Update: May 1, 2024

Turkey - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Zinc Alloys Price in Turkey - 2023

Zinc Alloys Price in Turkey (CIF) - 2023

In July 2023, the average zinc alloys import price amounted to $2,743 per ton, growing by 2% against the previous month. Over the period under review, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 8.2% month-to-month. Over the period under review, average import prices hit record highs at $3,675 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($3,406 per ton), while the price for Australia ($2,362 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 Iran (+0.1%), while the prices for the other major suppliers experienced a decline.

Zinc Alloys Price in Turkey (FOB) - 2022

In 2022, the average zinc alloys export price amounted to $3,734 per ton, surging by 11% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc alloys export price increased by +39.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($4,552 per ton) and Sweden ($4,084 per ton), while the average price for exports to Russia ($3,196 per ton) and Morocco ($3,390 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Alloys Imports in Turkey

For the fourth consecutive year, Turkey recorded growth in overseas purchases of unwrought zinc alloys, which increased by 3.6% to 15K tons in 2022. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 9.3%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, zinc alloys imports soared to $55M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +65.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Zinc Alloys in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	18.7	21.0	32.9	41.0	29.9%
Italy	4.0	6.1	6.5	8.1	26.5%
Iran	N/A	N/A	0.1	3.3	3200.0%
United Kingdom	9.6	3.4	4.8	1.3	-48.6%
Netherlands	1.9	2.1	N/A	N/A	10.5%
Others	0.9	0.6	1.3	1.1	6.9%
Total	35.0	33.2	45.7	54.9	16.2%

Top Suppliers of Zinc Alloys to Turkey in 2022:

Belgium (11.0K tons)
Italy (2.1K tons)
Iran (0.9K tons)
United Kingdom (0.3K tons)

Zinc Alloys Exports in Turkey

After two years of decline, overseas shipments of unwrought zinc alloys increased by 56% to 455 tons in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.

In value terms, zinc alloys exports soared to $1.7M in 2022. In general, exports, however, showed a drastic downturn.

Export of Zinc Alloys in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	465	487	535	577	7.5%
Egypt	6.2	N/A	93.3	399	300.7%
Morocco	25.8	N/A	68.1	265	117.4%
Azerbaijan	170	155	213	207	6.8%
Israel	N/A	N/A	3.8	122	3110.5%
Sweden	N/A	N/A	20.4	52.5	157.4%
United Arab Emirates	N/A	N/A	N/A	43.2	0%
Saudi Arabia	1,307	N/A	14.3	22.8	-74.1%
Serbia	204	N/A	N/A	N/A	0%
Algeria	N/A	133	N/A	N/A	0%
Ukraine	N/A	81.9	N/A	N/A	0%
Others	130	15.2	30.0	11.6	-55.3%
Total	2,308	872	978	1,700	-9.7%

Top Export Markets for Zinc Alloys from Turkey in 2022:

Romania (149.6 tons)
Egypt (105.0 tons)
Morocco (78.2 tons)
Azerbaijan (59.5 tons)
Israel (30.0 tons)
Sweden (12.9 tons)
United Arab Emirates (12.1 tons)
Saudi Arabia (5.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc alloys 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 24431250 - Unwrought zinc alloys (excluding zinc dust, powders and flakes)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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