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Turkey - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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Turkey: Aluminium Bar Market Overview 2021

Aluminium Bar Market Size in Turkey

The Turkish aluminium bar market stood at $X in 2019, surging by X% against the previous year. In general, consumption enjoyed a strong expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Aluminium bar consumption peaked in 2019 and is likely to see gradual growth in the near future.

Aluminium Bar Production in Turkey

In value terms, aluminium bar production reached $X in 2019 estimated in export prices. Over the period under review, production saw strong growth. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% y-o-y. Aluminium bar production peaked in 2019 and is expected to retain growth in the immediate term.

Aluminium Bar Exports

Exports from Turkey

For the fourth year in a row, Turkey recorded growth in shipments abroad of aluminium bars, rods and profiles, which increased by X% to X tonnes in 2019. Overall, total exports indicated a strong expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, aluminium bar exports expanded remarkably to $X in 2019. In general, total exports indicated a temperate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.

Exports by Country

Germany (X tonnes), Iraq (X tonnes) and Israel (X tonnes) were the main destinations of aluminium bar exports from Turkey, together accounting for X% of total exports. The U.S., the Czech Republic, Austria, the Netherlands, Poland, Bulgaria, Serbia, Romania, Georgia and France lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in the U.S., while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for aluminium bar exports from Turkey, comprising X% of total exports. The second position in the ranking was occupied by Iraq ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2019, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average aluminium bar export price stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2019, the countries with the highest prices were France ($X per tonne) and Romania ($X per tonne), while the average price for exports to Israel ($X per tonne) and Serbia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Aluminium Bar Imports

Imports into Turkey

In 2019, the amount of aluminium bars, rods and profiles imported into Turkey contracted dramatically to X tonnes, which is down by -X% on 2018. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, aluminium bar imports contracted dramatically to $X in 2019. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes), Germany (X tonnes) and Russia (X tonnes) were the main suppliers of aluminium bar imports to Turkey, with a combined X% share of total imports. Greece, Romania, Italy, France, the U.S., Belgium, Denmark, Spain and the Netherlands lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the U.S. ($X) appeared to be the largest aluminium bar suppliers to Turkey, with a combined X% share of total imports. Russia, Greece, Romania, Italy, Denmark, France, Belgium, the Netherlands and Spain lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average aluminium bar import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, aluminium bar import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2018, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium bars, rods and profiles in the world?
+
The countries with the highest volumes of aluminium bar consumption in 2019 were China (5.1M tonnes), the U.S. (2.9M tonnes) and Brazil (1.2M tonnes), with a combined 49% share of global consumption.
What are the largest producers of aluminium bars, rods and profiles in the world?
+
China (6.1M tonnes) constituted the country with the largest volume of aluminium bar production, comprising approx. 31% of total volume. Moreover, aluminium bar production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. The third position in this ranking was occupied by Brazil (1.2M tonnes), with a 6.2% share.
What are the leading suppliers of aluminium bars, rods and profiles to Turkey?
+
In value terms, Germany ($8.9M), China ($7.7M) and the U.S. ($4.4M) constituted the largest aluminium bar suppliers to Turkey, together accounting for 46% of total imports. Russia, Greece, Romania, Italy, Denmark, France, Belgium, the Netherlands and Spain lagged somewhat behind, together accounting for a further 41%.
What are the leading importers of aluminium bars, rods and profiles from Turkey?
+
In value terms, Germany ($209M) remains the key foreign market for aluminium bar exports from Turkey, comprising 24% of total exports. The second position in the ranking was occupied by Iraq ($97M), with a 11% share of total exports. It was followed by the U.S., with a 4.3% share.
What is the average export price for aluminium bars, rods and profiles in Turkey?
+
The average aluminium bar export price stood at $3,629 per tonne in 2019, declining by -8.2% against the previous year.
What is the average import price for aluminium bars, rods and profiles in Turkey?
+
The average aluminium bar import price stood at $4,945 per tonne in 2019, reducing by -8.9% against the previous year.

Product coverage:
• Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
• Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)

This report provides an in-depth analysis of the aluminium bar 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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