Turkey - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTurkey's Unvulcanised Rubber Price Drops 10%, Averaging $2,275/Ton
Turkey Unvulcanised Rubber Import Price in December 2022
In December 2022, the unvulcanised rubber price stood at $2,275 per ton (CIF, Turkey), waning by -10% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 11% against the previous month. The import price peaked at $2,543 per ton in January 2022; however, from February 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,926 per ton), while the price for Serbia ($791 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Import Price Unvulcanised Rubber in Turkey (USD per ton) | |||||||||||||
| Italy | 3341.0 | 4806.0 | 3264.0 | 3817.0 | 3702.0 | 3906.0 | 3798.0 | 3202.0 | 3576.0 | 3783.0 | 3969.0 | 4153.0 | 3926.0 |
| Romania | 3146.0 | 4050.0 | 3360.0 | 3985.0 | 4066.0 | 3677.0 | 3245.0 | 3543.0 | 3405.0 | 3333.0 | 3224.0 | 2736.0 | 3388.0 |
| Germany | 2126.0 | 1446.0 | 1895.0 | 1728.0 | 2655.0 | 2629.0 | 1828.0 | 2499.0 | 1600.0 | 1767.0 | 2419.0 | 2530.0 | 3059.0 |
| United Kingdom | 4897.0 | 2131.0 | 3998.0 | 5558.0 | 6177.0 | 5545.0 | 1319.0 | 3798.0 | 4847.0 | 5368.0 | 6045.0 | 3699.0 | 2152.0 |
| Spain | 5277.0 | 2480.0 | 3107.0 | 3193.0 | 2824.0 | 2226.0 | 3270.0 | 1480.0 | 1805.0 | 6157.0 | 2781.0 | 2439.0 | 1525.0 |
| France | 1487.0 | 1640.0 | 1532.0 | 1455.0 | 1457.0 | 1573.0 | 1992.0 | 1803.0 | 1396.0 | 1999.0 | 1071.0 | 1640.0 | 1026.0 |
| Belgium | 1676.0 | 2382.0 | 3829.0 | 2834.0 | 3864.0 | 3620.0 | 2269.0 | 1973.0 | 3650.0 | 2309.0 | 3700.0 | 3664.0 | 930.0 |
| United States | 812.0 | 586.0 | 855.0 | 906.0 | 993.0 | 860.0 | 876.0 | 907.0 | 932.0 | 815.0 | 853.0 | 783.0 | 869.0 |
| Serbia | 966.0 | N/A | 812.0 | 1094.0 | 417.0 | 515.0 | 680.0 | 763.0 | 1031.0 | 885.0 | 963.0 | 827.0 | 791.0 |
| Poland | 778.0 | 824.0 | 2350.0 | 1987.0 | 1575.0 | 2256.0 | 2227.0 | 1487.0 | 782.0 | 970.0 | 735.0 | N/A | N/A |
| Average | 2335.0 | 2543.0 | 2318.0 | 2364.0 | 2455.0 | 2393.0 | 2142.0 | 2073.0 | 2129.0 | 2272.0 | 2272.0 | 2527.0 | 2275.0 |
Turkey Unvulcanised Rubber Imports
In December 2022, purchases abroad of unvulcanised rubber was finally on the rise to reach 2.6K tons for the first time since September 2022, thus ending a two-month declining trend. In general, imports, however, saw a mild descent. The pace of growth appeared the most rapid in February 2022 when imports increased by 43% m-o-m. As a result, imports attained the peak of 3.8K tons. From March 2022 to December 2022, the growth of imports remained at a lower figure.
In value terms, unvulcanised rubber imports expanded rapidly to $5.9M (IndexBox estimates) in December 2022. Overall, imports, however, saw a slight shrinkage. The growth pace was the most rapid in September 2022 with an increase of 33% against the previous month.
Turkey Unvulcanised Rubber Imports by Country
Italy (628 tons), the United States (445 tons) and Spain (329 tons) were the main suppliers of unvulcanised rubber imports to Turkey, with a combined 54% share of total imports. Belgium, Germany, Romania, France, the UK and Serbia lagged somewhat behind, together accounting for a further 40%.
From December 2021 to December 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +19.2%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Italy ($2.5M) constituted the largest supplier of unvulcanised rubber to Turkey, comprising 42% of total imports. The second position in the ranking was held by Germany ($943K), with a 16% share of total imports. It was followed by Romania, with a 10% share.
From December 2021 to December 2022, the average monthly growth rate of value from Italy amounted to +5.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (+3.0% per month) and Romania (+0.6% per month).
This report provides an in-depth analysis of the unvulcanised 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
