Turkey: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Turkey

The Turkish anti-oxidising preparations market totaled less than $X in 2022, standing approx. at the previous year. Over the period under review, consumption saw a slight curtailment. Anti-oxidising preparations consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Anti-Oxidising Preparations Production in Turkey

In value terms, anti-oxidising preparations production totaled less than $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Anti-oxidising preparations production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Anti-Oxidising Preparations Exports

Exports from Turkey

In 2016, the amount of anti-oxidising preparations and other compounds stabilisers for rubber or plastics exported from Turkey surged to X tons, growing by X% on the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2016; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, anti-oxidising preparations exports soared to $X in 2016. The total export value increased at an average annual rate of X% from 2012 to 2016; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt (X tons) was the main destination for anti-oxidising preparations exports from Turkey, with a X% share of total exports. Moreover, anti-oxidising preparations exports to Egypt exceeded the volume sent to the second major destination, Russia (X tons), twofold. The third position in this ranking was held by Saudi Arabia (X tons), with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Saudi Arabia (X% per year).

In value terms, Egypt ($X), Russia ($X) and Iran ($X) were the largest markets for anti-oxidising preparations exported from Turkey worldwide, with a combined X% share of total exports. Ukraine, Saudi Arabia, Uzbekistan, Kazakhstan, the United Arab Emirates, Morocco, Tunisia, Jordan, Pakistan and Algeria lagged somewhat behind, together comprising a further X%.

Pakistan, with a CAGR of X%, saw the highest growth rate of 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

The average anti-oxidising preparations export price stood at $X per ton in 2016, waning by X% against the previous year. Overall, the export price saw a pronounced reduction. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2016, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (X%), while the prices for the other major destinations experienced a decline.

Anti-Oxidising Preparations Imports

Imports into Turkey

After four years of growth, supplies from abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics decreased by X% to X tons in 2016. Over the period under review, total imports indicated a resilient expansion from 2012 to 2016: its volume increased at an average annual rate of X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, anti-oxidising preparations imports shrank modestly to $X in 2016. The total import value increased at an average annual rate of X% from 2012 to 2016; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

In 2016, Germany (X tons) constituted the largest anti-oxidising preparations supplier to Turkey, accounting for a X% share of total imports. Moreover, anti-oxidising preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Israel (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2016, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (X% per year) and Italy (X% per year).

In value terms, Germany ($X) constituted the largest supplier of anti-oxidising preparations and other compounds stabilisers for rubber or plastics to Turkey, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Israel (X% per year).

Import Prices by Country

The average anti-oxidising preparations import price stood at $X per ton in 2016, increasing by X% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2016, the average import prices remained at a lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Free Zones (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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