Turkey: Market for Float Glass And Surface Ground or Polished Glass 2025

Market Size for Float Glass And Surface Ground or Polished Glass in Turkey

In 2022, after two years of growth, there was significant decline in the Turkish market for float glass and surface ground or polished glass, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Float Glass And Surface Ground or Polished Glass in Turkey

In value terms, production of float glass and surface ground or polished glass stood at $X in 2022 estimated in export price. Overall, production recorded a mild setback. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Turkey

In 2022, the amount of float glass and surface ground or polished glass exported from Turkey skyrocketed to X square meters, with an increase of X% compared with 2021. Overall, exports showed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of float glass and surface ground or polished glass soared to $X in 2022. In general, exports continue to indicate significant growth. 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

Morocco (X square meters), Bulgaria (X square meters) and Israel (X square meters) were the main destinations of exports of float glass and surface ground or polished glass from Turkey, with a combined X% share of total exports. India, Spain, Ukraine, Lebanon, Tunisia, Iraq, Cyprus, Algeria, Albania and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for float glass and surface ground or polished glass exported from Turkey were Israel ($X), Morocco ($X) and Bulgaria ($X), with a combined X% share of total exports. Spain, Ukraine, Lebanon, Iraq, Tunisia, Cyprus, India, Albania, Algeria and South Korea lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, jumping by X% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price 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, export price for float glass and surface ground or polished glass increased by X% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per square meter), while the average price for exports to India ($X per square meter) was amongst the lowest.

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

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Turkey

After two years of growth, supplies from abroad of float glass and surface ground or polished glass decreased by X% to X square meters in 2022. Over the period under review, total imports indicated a noticeable expansion 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. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X square meters in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of float glass and surface ground or polished glass surged to $X in 2022. Overall, total imports indicated strong growth 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 2019 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Belgium (X square meters), China (X square meters) and Russia (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Turkey, with a combined X% share of total imports. Bulgaria, Iran, Pakistan, Germany, Italy, Azerbaijan, the United States, Poland, Thailand and Romania lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest float glass and surface ground or polished glass suppliers to Turkey were Belgium ($X), China ($X) and Russia ($X), together comprising X% of total imports. Germany, Iran, Bulgaria, Poland, the United States, Romania, Italy, Azerbaijan, Pakistan and Thailand lagged somewhat behind, together accounting for a further X%.

Pakistan, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 import price for float glass and surface ground or polished glass amounted to $X per square meter, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per square meter), while the price for Pakistan ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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