Turkey: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Turkey

In 2022, the Turkish market for self-adhesive plastic tape in rolls of a width under Xcm decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, recorded a strong increase. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under Xcm in Turkey

In value terms, production of self-adhesive plastic tape in rolls of a width under Xcm amounted to $X in 2022 estimated in export price. Overall, production, however, showed significant growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Turkey

In 2022, overseas shipments of self-adhesive plastic tape in rolls of a width under Xcm increased by X% to X tons, rising for the fourth year in a row after five years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm soared to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons), Iraq (X tons) and Poland (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under Xcm from Turkey, with a combined X% share of total exports. Egypt, Bulgaria, Israel, Spain, Italy, Georgia, Morocco, Azerbaijan, Syrian Arab Republic and Canada lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under Xcm exported from Turkey were Russia ($X), Poland ($X) and Iraq ($X), together comprising X% of total exports. Egypt, Bulgaria, Canada, Spain, Italy, Israel, Georgia, Azerbaijan, Morocco and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under Xcm amounted to $X per ton, declining by X% against the previous year. In general, the export price recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Turkey

For the third year in a row, Turkey recorded decline in supplies from abroad of self-adhesive plastic tape in rolls of a width under Xcm, which decreased by X% to X tons in 2022. Overall, imports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm rose rapidly to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under Xcm supplier to Turkey, accounting for a X% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under Xcm from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the largest self-adhesive plastic tape in rolls of a width under Xcm suppliers to Turkey, together comprising X% of total imports. Italy, Belgium, South Korea, Japan, the UK, France, Thailand, Greece, Spain and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under Xcm stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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