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Store → Non sorted Root → Non sorted → Isoprene Rubber (IR) in Primary Forms
Report Turkey - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Oct 1, 2023

Turkey - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Market for Isoprene Rubber (IR) in Primary Forms 2023

Market Size for Isoprene Rubber (IR) in Primary Forms in Turkey

In 2021, after two years of decline, there was significant growth in the Turkish market for isoprene rubber (IR) in primary forms, when its value increased by 148% to $X. In general, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Isoprene Rubber (IR) in Primary Forms

Exports from Turkey

In 2021, exports of isoprene rubber (ir) in primary forms from Turkey dropped to X tons, reducing by -5.6% compared with 2020 figures. Overall, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2017 when exports increased by 1,140% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2020, and then contracted in the following year.

In value terms, exports of isoprene rubber (IR) in primary forms totaled $X in 2021. In general, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by 496% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Egypt (X tons) was the main destination for exports of isoprene rubber (IR) in primary forms from Turkey, accounting for a 50% share of total exports. Moreover, exports of isoprene rubber (IR) in primary forms to Egypt exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was held by Mexico (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Egypt stood at +47.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-17.0% per year) and Mexico (-3.3% per year).

In value terms, Egypt ($X) remains the key foreign market for isoprene rubber (IR) in primary forms exports from Turkey, comprising 50% of total exports. The second position in the ranking was held by China ($X), with a 12% share of total exports. It was followed by Mexico, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Egypt amounted to +34.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-15.9% per year) and Mexico (-4.4% per year).

Export Prices by Country

In 2021, the average export price for isoprene rubber (IR) in primary forms amounted to $X per ton, growing by 16% against the previous year. In general, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 97%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Isoprene Rubber (IR) in Primary Forms

Imports into Turkey

In 2021, after two years of decline, there was significant growth in overseas purchases of isoprene rubber (IR) in primary forms, when their volume increased by 106% to X tons. In general, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of isoprene rubber (IR) in primary forms soared to $X in 2021. Over the period under review, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of isoprene rubber (IR) in primary form to Turkey, with a 60% share of total imports. Moreover, imports of isoprene rubber (IR) in primary forms from Russia exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. France (X tons) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia amounted to +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.8% per year) and France (+2.8% per year).

In value terms, Russia ($X) constituted the largest supplier of isoprene rubber (IR) in primary forms to Turkey, comprising 61% of total imports. The second position in the ranking was held by Italy ($X), with a 26% share of total imports. It was followed by France, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+28.3% per year) and France (-2.1% per year).

Import Prices by Country

In 2021, the average import price for isoprene rubber (IR) in primary forms amounted to $X per ton, picking up by 29% against the previous year. In general, the import price, however, saw a abrupt decline. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Italy ($X per ton) and Russia ($X per ton), while the price for the United States ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for isoprene rubber (ir) in primary forms in the world?
+
The countries with the highest volumes of consumption in 2021 were Russia, Turkey and Malaysia, together comprising 22% of global consumption.
What are the largest producers of isoprene rubber (ir) in primary forms in the world?
+
Russia constituted the country with the largest volume of production of isoprene rubber IR) in primary forms, accounting for 52% of total volume. Moreover, production of isoprene rubber IR) in primary forms in Russia exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was taken by Germany, with an 11% share.
What are the leading suppliers of isoprene rubber (ir) in primary forms to Turkey?
+
In value terms, Russia constituted the largest supplier of isoprene rubber IR) in primary forms to Turkey, comprising 61% of total imports. The second position in the ranking was held by Italy, with a 26% share of total imports. It was followed by France, with a 5.1% share.
What are the leading importers of isoprene rubber (ir) in primary forms from Turkey?
+
In value terms, Egypt remains the key foreign market for isoprene rubber IR) in primary forms exports from Turkey, comprising 50% of total exports. The second position in the ranking was taken by China, with a 12% share of total exports. It was followed by Mexico, with a 12% share.
What is the average export price for isoprene rubber (ir) in primary forms in Turkey?
+
In 2021, the average export price for isoprene rubber IR) in primary forms amounted to $1,824 per ton, with an increase of 16% against the previous year.
What is the average import price for isoprene rubber (ir) in primary forms in Turkey?
+
The average import price for isoprene rubber IR) in primary forms stood at $1,769 per ton in 2021, rising by 29% against the previous year.

This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

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 PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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