Turkey: Market for Polypropylene in Primary Forms 2025

Market Size for Polypropylene in Primary Forms in Turkey

In 2022, the Turkish polypropylene in primary forms market decreased by -9.2% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +45.9% against 2016 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Production of Polypropylene in Primary Forms in Turkey

In value terms, polypropylene in primary forms production fell slightly to $X in 2022 estimated in export price. Overall, production showed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 49% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Polypropylene in Primary Forms

Exports from Turkey

In 2022, shipments abroad of polypropylene in primary forms increased by 19% to X tons, rising for the fifth year in a row after two years of decline. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 212%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, polypropylene in primary forms exports rose remarkably to $X in 2022. Overall, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 406%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Ukraine (X tons), Italy (X tons) and Romania (X tons) were the main destinations of polypropylene in primary forms exports from Turkey, together comprising 34% of total exports. Egypt, Israel, Georgia, Bulgaria, Uzbekistan, Syrian Arab Republic, Iran, Libya, Spain and Cyprus lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran (with a CAGR of +56.5%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Italy ($X) and Romania ($X) were the largest markets for polypropylene in primary forms exported from Turkey worldwide, together accounting for 33% of total exports.

Ukraine, with a CAGR of +53.1%, saw 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 polypropylene in primary forms export price stood at $X per ton in 2022, falling by -7.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Cyprus ($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 Libya (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polypropylene in Primary Forms

Imports into Turkey

After three years of growth, overseas purchases of polypropylene in primary forms decreased by -6.2% to X tons in 2022. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, polypropylene in primary forms imports declined to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +38.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of polypropylene in primary forms to Turkey, accounting for a 43% share of total imports. Moreover, polypropylene in primary forms imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+99.5% per year) and South Korea (+37.7% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polypropylene in primary forms to Turkey, comprising 42% of total imports. The second position in the ranking was taken by Russia ($X), with a 9.9% share of total imports. It was followed by South Korea, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+95.5% per year) and South Korea (+37.6% per year).

Import Prices by Country

The average polypropylene in primary forms import price stood at $X per ton in 2022, waning by -5.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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