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Turkey - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends And Insights

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May 8, 2023

Reclaimed Rubber Price in Turkey Skyrocket 11%, Averaging $598 per Ton

Turkey Reclaimed Rubber Import Price in January 2023

In January 2023, the reclaimed rubber price stood at $598 per ton (CIF, Turkey), rising by 11% against the previous month. Overall, the import price posted a notable increase. The growth pace was the most rapid in March 2022 when the average import price increased by 128% month-to-month. The import price peaked at $891 per ton in May 2022; however, from June 2022 to January 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was the Netherlands ($1,275 per ton), while the price for Italy ($232 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Italy (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRY	Import Price of Reclaimed Rubber in Turkey (USD per ton)
COUNTRY	Jan 2022	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023
Netherlands	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1,191	N/A	2,125	N/A	1,275
India	1,356	1,407	1,275	1,343	1,162	1,189	1,229	1,331	1,227	1,273	1,096	1,188	1,020
Switzerland	N/A	N/A	N/A	N/A	N/A	611	888	876	677	1,000	871	N/A	943
Iran	N/A	N/A	599	N/A	730	730	N/A	N/A	683	N/A	612	N/A	609
Qatar	N/A	N/A	740	N/A	N/A	N/A	N/A	740	N/A	743	N/A	N/A	580
Egypt	403	397	390	427	400	436	470	424	439	430	478	415	439
Italy	91.0	88.0	119	92.0	5,500	196	147	142	104	176	200	213	232
Portugal	N/A	N/A	N/A	N/A	1,648	695	194	1,606	1,605	1,618	N/A	N/A	N/A
Average	369	185	421	394	891	524	573	613	737	481	566	537	598

Turkey Reclaimed Rubber Imports

In January 2023, the amount of reclaimed rubber imported into Turkey shrank to 425 tons, declining by -10.6% compared with the month before. Overall, imports showed a deep slump. The pace of growth was the most pronounced in February 2022 with an increase of 58% month-to-month. As a result, imports attained the peak of 2.1K tons. From March 2022 to January 2023, the growth of imports remained at a somewhat lower figure.

In value terms, reclaimed rubber imports shrank to $254K (IndexBox estimates) in January 2023. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in May 2022 when imports increased by 47% m-o-m. As a result, imports attained the peak of $803K. From June 2022 to January 2023, the growth of imports remained at a lower figure.

Turkey Reclaimed Rubber Imports by Country

Italy (151 tons), India (101 tons) and Egypt (74 tons) were the main suppliers of reclaimed rubber imports to Turkey, together comprising 77% of total imports. Switzerland, Qatar, Iran and the Netherlands lagged somewhat behind, together accounting for a further 23%.

From January 2022 to January 2023, the biggest increases were in the Netherlands (with a CAGR of 0.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, India ($103K) constituted the largest supplier of reclaimed rubber to Turkey, comprising 41% of total imports. The second position in the ranking was taken by Italy ($35K), with a 14% share of total imports. It was followed by Egypt, with a 13% share.

From January 2022 to January 2023, the average monthly growth rate of value from India totaled -8.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Italy (-1.4% per month) and Egypt (-3.1% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the reclaimed rubber 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 2030.

Product coverage:

Prodcom 22191000 - Reclaimed rubber in primary forms or in plates, sheets or strips

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Turkey - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends And Insights

Reclaimed Rubber Price in Turkey Skyrocket 11%, Averaging $598 per Ton

Turkey Reclaimed Rubber Import Price in January 2023

Turkey Reclaimed Rubber Imports

Turkey Reclaimed Rubber Imports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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