Turkey: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Turkey

In 2022, the Turkish market for non-plasticised mixed polyvinyl chloride in primary forms increased by 39% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption recorded strong growth. Consumption of peaked in 2022 and is likely to see gradual growth in the near future.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Turkey

In 2022, the amount of non-plasticised mixed polyvinyl chloride in primary forms exported from Turkey soared to X tons, rising by 22% compared with the previous year's figure. Overall, exports posted a strong increase. The growth pace was the most rapid in 2019 with an increase of 123%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 107%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Morocco (X tons), Bulgaria (X tons) and Israel (X tons) were the main destinations of exports of non-plasticised mixed polyvinyl chloride in primary forms from Turkey, with a combined 70% share 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 Israel (with a CAGR of +227.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-plasticised mixed polyvinyl chloride in primary forms exported from Turkey were Morocco ($X), Bulgaria ($X) and Israel ($X), together accounting for 74% of total exports.

Israel, with a CAGR of +258.2%, recorded 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

In 2022, the average export price for non-plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, growing by 6% against the previous year. In general, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 32%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Syrian Arab Republic ($X per ton), while the average price for exports to Moldova ($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 Colombia (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Turkey

For the fourth consecutive year, Turkey recorded growth in overseas purchases of non-plasticised mixed polyvinyl chloride in primary forms, which increased by 13% to X tons in 2022. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 86%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Portugal (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of imports of non-plasticised mixed polyvinyl chloride in primary forms to Turkey, with a combined 73% share of total imports. China, Italy, Saudi Arabia and the UK lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +111.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Germany ($X) and Italy ($X) appeared to be the largest non-plasticised mixed polyvinyl chloride in primary forms suppliers to Turkey, with a combined 73% share of total imports. China, Belgium, Saudi Arabia and the UK lagged somewhat behind, together accounting for a further 24%.

Saudi Arabia, with a CAGR of +87.7%, 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 non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, surging by 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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