Turkey: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Turkey

The Turkish market for plastic plates, sheets, film, foil and strip surged to $X in 2021, growing by 24% against the previous year. Over the period under review, consumption recorded a prominent increase. Consumption of peaked at $X in 2019; afterwards, it flattened through to 2021.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Turkey

In value terms, production of plastic plates, sheets, film, foil and strip surged to $X in 2021 estimated in export price. Overall, production posted a significant increase. The growth pace was the most rapid in 2018 when the production volume increased by 123%. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Turkey

For the tenth year in a row, Turkey recorded growth in overseas shipments of plastic plates, sheets, film, foil and strip, which increased by 11% to X tons in 2021. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 26%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2021. In general, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons), Italy (X tons) and Germany (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from Turkey, together comprising 26% of total exports. These countries were followed by Spain, Israel, Belgium, the United States, Iraq, France, Poland, the Netherlands, Romania and the Czech Republic, which together accounted for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +28.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic plate, sheet, film, foil and strip exported from Turkey were the UK ($X), Germany ($X) and Italy ($X), together comprising 26% of total exports. Spain, the United States, Belgium, France, Israel, Poland, Iraq, Romania, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

The Czech Republic, with a CAGR of +24.0%, recorded the highest rates of growth with regard to 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 export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, with an increase of 17% against the previous year. In general, the export price, however, recorded a mild setback. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Turkey

In 2021, the amount of plastic plates, sheets, film, foil and strip imported into Turkey surged to X tons, rising by 23% on the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Turkey, together comprising 44% of total imports. South Korea, Egypt, Iran, Bulgaria, Hungary, Turkmenistan, France, Belgium, Greece and Malaysia lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the biggest increases were recorded for Turkmenistan (with a CAGR of +672.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic plate, sheet, film, foil and strip suppliers to Turkey were Germany ($X), China ($X) and South Korea ($X), together comprising 51% of total imports. These countries were followed by Italy, Egypt, Belgium, France, Bulgaria, Hungary, Greece, Iran, Malaysia and Turkmenistan, which together accounted for a further 31%.

Turkmenistan, with a CAGR of +554.6%, 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

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, with an increase of 11% against the previous year. Overall, the import price, however, continues to indicate a slight decline. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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