Mar 13, 2019

Turkey - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Silicone Market Overview 2019

Silicone Market Size in Turkey

The revenue of the silicone market in Turkey amounted to $X in 2017, coming up by X% against the previous year. Overall, silicone consumption continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017, when market value increased by X% y-o-y. Over the period under review, the silicone market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Silicone Production in Turkey

In 2017, approx. X tonnes of silicones (in primary forms) were produced in Turkey; reducing by -X% against the previous year. In general, silicone production continues to indicate an abrupt decrease. The growth pace was the most rapid in 2009, when the output figure increased by X% y-o-y. Over the period under review, the silicone production attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Silicone Exports

Exports from Turkey

In 2017, approx. X tonnes of silicones (in primary forms) were exported from Turkey; jumping by X% against the previous year. In general, silicone exports continue to indicate a strong growth. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. The exports peaked of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, silicone exports amounted to $X in 2017. In general, silicone exports continue to indicate a remarkable increase. Over the period under review, the silicone exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Exports by Country

Iran (X tonnes), Egypt (X tonnes) and Bangladesh (X tonnes) were the main destinations of silicone exports from Turkey, together accounting for X% of total exports. Pakistan, Iraq, Uzbekistan, Azerbaijan, Free Zones, Russia, Bulgaria, Poland and Algeria lagged somewhat behind, together comprising a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Egypt ($X) and Bangladesh ($X) appeared to be the largest markets for silicone exported from Turkey worldwide, together comprising X% of total exports. Pakistan, Uzbekistan, Iraq, Free Zones, Azerbaijan, Bulgaria, Russia, Poland and Algeria lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Poland (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average silicone export price amounted to $X per tonne, standing approx. at the previous year. Overall, silicone export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. In that year, the average export prices for silicones (in primary forms) reached their peak level of $X per tonne. From 2009 to 2017, growth of the average export prices for silicones (in primary forms) failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Free Zones ($X per tonne), while average price for exports to Iraq ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Free Zones (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Silicone Imports

Imports into Turkey

Silicone imports into Turkey stood at X tonnes in 2017, surging by X% against the previous year. In general, silicone imports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, silicone imports stood at $X in 2017. Overall, the total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the silicone imports increased by +X% against 2015 indices. In that year, the silicone imports attained their peak level, and are likely to continue its growth in the immediate term.

Imports by Country

Germany (X tonnes), China (X tonnes) and the UK (X tonnes) were the main suppliers of silicone imports to Turkey, with a combined X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of silicone to Turkey, making up X% of total silicone imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2017, the average silicone import price amounted to $X per tonne, jumping by X% against the previous year. In general, silicone import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2008, when the average import price increased by X% against the previous year. In that year, the average import prices for silicones (in primary forms) reached their peak level of $X per tonne. From 2009 to 2017, growth of the average import prices for silicones (in primary forms) failed to regain its momentum.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from Japan ($X per tonne) and Germany ($X per tonne), while price for China ($X per tonne) and Belgium ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (-X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 20165700 - Silicones, in primary forms

This report provides an in-depth analysis of the silicone 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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