Turkey: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2025

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Turkey

In 2022, after two years of growth, there was significant decline in the Turkish solid vulcanised rubber sheet market, when its value decreased by -17.9% to $X. Over the period under review, consumption, however, continues to indicate a abrupt setback. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Turkey

In value terms, solid vulcanised rubber sheet production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a prominent increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 39%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from Turkey

In 2022, after six years of growth, there was significant decline in overseas shipments of plates, sheets, strips for floor covering of solid vulcanised rubber, when their volume decreased by -11% to X tons. Over the period under review, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2018 when exports increased by 33% against the previous year. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, solid vulcanised rubber sheet exports rose rapidly to $X in 2022. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The Netherlands (X tons), Georgia (X tons) and the UK (X tons) were the main destinations of solid vulcanised rubber sheet exports from Turkey, together accounting for 22% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +46.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for solid vulcanised rubber sheet exported from Turkey were Germany ($X), France ($X) and Georgia ($X), with a combined 19% share of total exports. Russia, Azerbaijan, Spain, Iraq, Italy, the UK, Israel, the Netherlands, Greece and Bulgaria lagged somewhat behind, together comprising a further 32%.

Greece, with a CAGR of +27.0%, 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 solid vulcanised rubber sheet export price stood at $X per ton in 2022, growing by 19% against the previous year. Overall, the export price, however, saw a perceptible contraction. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($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 Germany (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into Turkey

In 2022, supplies from abroad of plates, sheets, strips for floor covering of solid vulcanised rubber was finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Overall, imports, however, continue to indicate a perceptible contraction. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, solid vulcanised rubber sheet imports soared to $X in 2022. Over the period under review, imports, however, recorded a slight decrease. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest solid vulcanised rubber sheet supplier to Turkey, with a 37% share of total imports. Moreover, solid vulcanised rubber sheet imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.0% per year) and Belgium (+7.8% per year).

In value terms, the largest solid vulcanised rubber sheet suppliers to Turkey were Germany ($X), China ($X) and Belgium ($X), together comprising 43% of total imports. Italy, Spain, Slovenia, the United States, Taiwan (Chinese), India, Romania, the UK, Portugal and Thailand lagged somewhat behind, together accounting for a further 36%.

Portugal, with a CAGR of +10.2%, saw the highest rates of growth with regard to 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

The average solid vulcanised rubber sheet import price stood at $X per ton in 2022, with a decrease of -21.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2019 when the average import price increased by 22% against the previous year. The import price peaked at $X per ton in 2021, and then fell sharply in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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