Report Update Nov 1, 2024

Turkey - Hygienic or Pharmaceutical Articles of Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Pharmaceutical Rubber Articles Market 2024

Pharmaceutical Rubber Articles Market Size in Turkey

For the third year in a row, the Turkish pharmaceutical rubber articles market recorded growth in sales value, which increased by 63% to $X in 2021. Overall, consumption, however, recorded a relatively flat trend pattern. Pharmaceutical rubber articles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Pharmaceutical Rubber Articles Exports

Exports from Turkey

In 2021, after three years of growth, there was significant decline in overseas shipments of hygienic or pharmaceutical articles of rubber, when their volume decreased by -33.2% to X units. In general, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 32%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, pharmaceutical rubber articles exports plummeted to $X in 2021. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 24% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Iraq (X units) was the main destination for pharmaceutical rubber articles exports from Turkey, accounting for a 34% share of total exports. Moreover, pharmaceutical rubber articles exports to Iraq exceeded the volume sent to the second major destination, Azerbaijan (X units), threefold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Iraq totaled -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-6.7% per year) and the United Arab Emirates (+6.4% per year).

In value terms, Iraq ($X), Azerbaijan ($X) and the United Arab Emirates ($X) were the largest markets for pharmaceutical rubber articles exported from Turkey worldwide, together comprising 45% of total exports. Qatar, Italy, Kuwait, Lebanon, Libya, Cyprus, Turkmenistan, Somalia, the Netherlands and Tajikistan lagged somewhat behind, together accounting for a further 30%.

Somalia, with a CAGR of +126.1%, recorded the highest rates of growth with regard to 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 pharmaceutical rubber articles export price stood at $X per unit in 2021, waning by -15.3% against the previous year. Over the period under review, the export price showed a slight slump. The pace of growth was the most pronounced in 2015 an increase of 21%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Rubber Articles Imports

Imports into Turkey

In 2021, overseas purchases of hygienic or pharmaceutical articles of rubber increased by 46% to X units, rising for the second year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 74% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, pharmaceutical rubber articles imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a pronounced contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main pharmaceutical rubber articles supplier to Turkey, with a approx. 98% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +1.4%.

In value terms, China ($X) constituted the largest supplier of hygienic or pharmaceutical articles of rubber to Turkey.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +2.7%.

Import Prices by Country

In 2021, the average pharmaceutical rubber articles import price amounted to $X per unit, waning by -9.5% against the previous year. Over the period under review, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +1.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hygienic or pharmaceutical articles of rubber in the world?

The countries with the highest volumes of pharmaceutical rubber articles consumption in 2020 were China, the UK and the U.S., with a combined 49% share of global consumption. India, Japan, Germany, Indonesia, Mexico, Qatar, South Korea and France lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of hygienic or pharmaceutical articles of rubber in the world?

China remains the largest pharmaceutical rubber articles producing country worldwide, accounting for 31% of total volume. Moreover, pharmaceutical rubber articles production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. The third position in this ranking was occupied by India, with a 11% share.

What are the leading suppliers of hygienic or pharmaceutical articles of rubber to Turkey?

In value terms, China constituted the largest supplier of pharmaceutical rubber articles to Turkey, comprising 59% of total imports. The second position in the ranking was occupied by Switzerland, with a 12% share of total imports.

What are the leading importers of hygienic or pharmaceutical articles of rubber from Turkey?

In value terms, the largest markets for pharmaceutical rubber articles exported from Turkey were Iraq, Saudi Arabia and Azerbaijan, with a combined 28% share of total exports.

What is the average export price for hygienic or pharmaceutical articles of rubber in Turkey?

In 2020, the average pharmaceutical rubber articles export price amounted to $12 per unit, with a decrease of -2.3% against the previous year.

What is the average import price for hygienic or pharmaceutical articles of rubber in Turkey?

In 2020, the average pharmaceutical rubber articles import price amounted to $5.5 per unit, remaining constant against the previous year.

This report provides an in-depth analysis of the pharmaceutical rubber articles 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 22197130 - Hygienic or pharmaceutical articles of rubber (excluding sheath contraceptives)

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