Turkey: Acrylic Polymer Market 2025

Acrylic Polymer Market Size in Turkey

The Turkish acrylic polymer market totaled $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Acrylic polymer consumption peaked in 2022 and is likely to see gradual growth in the near future.

Acrylic Polymer Production in Turkey

In value terms, acrylic polymer production contracted rapidly to $X in 2022 estimated in export price. In general, production, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Acrylic polymer production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Acrylic Polymer Exports

Exports from Turkey

In 2022, approx. X tons of acrylic polymers (in primary forms) were exported from Turkey; rising by X% against the previous year. In general, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, acrylic polymer exports amounted to $X in 2022. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons), Egypt (X tons) and Algeria (X tons) were the main destinations of acrylic polymer exports from Turkey, with a combined X% share of total exports. Romania, Nigeria, Iran, Italy, Israel, Germany, Uzbekistan, Serbia, Greece and Poland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for acrylic polymer exported from Turkey were Russia ($X), Iran ($X) and Egypt ($X), with a combined X% share of total exports. Algeria, Italy, Romania, Israel, Nigeria, Uzbekistan, Germany, Serbia, Poland and Greece lagged somewhat behind, together comprising a further X%.

Serbia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

The average acrylic polymer export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Nigeria ($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 Uzbekistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Acrylic Polymer Imports

Imports into Turkey

Acrylic polymer imports into Turkey skyrocketed to X tons in 2022, with an increase of X% against the previous year's figure. Overall, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, acrylic polymer imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), Belgium (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of acrylic polymer imports to Turkey, together comprising X% of total imports. Germany, France, Saudi Arabia, China and Japan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic polymer suppliers to Turkey were South Korea ($X), Taiwan (Chinese) ($X) and Belgium ($X), with a combined X% share of total imports. Germany, France, China, Saudi Arabia and Japan lagged somewhat behind, together comprising a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average acrylic polymer import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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