Turkey: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Turkey

After three years of decline, the Turkish vulcanised rubber erases market increased by X% to $X in 2022. Over the period under review, consumption, however, recorded a deep contraction. Vulcanised rubber erases consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Vulcanised Rubber Erases Exports

Exports from Turkey

For the fifth consecutive year, Turkey recorded growth in shipments abroad of erasers of vulcanised rubber, which increased by X% to X tons in 2022. In general, exports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, vulcanised rubber erases exports soared to $X in 2022. Overall, exports showed perceptible growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Tunisia (X tons), Israel (X tons) and Iraq (X tons) were the main destinations of vulcanised rubber erases exports from Turkey, with a combined X% share of total exports. Azerbaijan, Jordan, Syrian Arab Republic, the United States, Saudi Arabia, Egypt, Morocco, Serbia, Germany and Cyprus lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vulcanised rubber erases exported from Turkey were Tunisia ($X), Israel ($X) and Iraq ($X), together comprising X% of total exports.

Among the main countries of destination, Tunisia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vulcanised rubber erases export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a pronounced decline. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Saudi Arabia ($X 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 Egypt (X%), while the prices for the other major destinations experienced mixed trend patterns.

Vulcanised Rubber Erases Imports

Imports into Turkey

In 2022, purchases abroad of erasers of vulcanised rubber was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber erases imports surged to $X in 2022. In general, imports, however, showed a mild curtailment. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vulcanised rubber erases to Turkey, accounting for a X% share of total imports. Moreover, vulcanised rubber erases imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), sevenfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Spain (X% per year).

In value terms, China ($X) constituted the largest supplier of erasers of vulcanised rubber to Turkey, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average vulcanised rubber erases import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price showed a moderate expansion. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :