Turkey: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Turkey

The Turkish market for prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021, increasing by 99% against the previous year. Overall, consumption saw a prominent expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Turkey

In value terms, production of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021 estimated in export price. Overall, production saw a prominent increase. Production of peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Turkey

In 2021, the amount of prefabricated buildings of plastics, concrete or aluminium exported from Turkey expanded slightly to X tons, increasing by 1.8% on 2020 figures. In general, exports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of 37% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium totaled $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 26%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Turkmenistan (X tons), Iraq (X tons) and Qatar (X tons) were the main destinations of exports of prefabricated buildings of plastics, concrete or aluminium from Turkey, with a combined 26% share of total exports. These countries were followed by Kazakhstan, Azerbaijan, the United Arab Emirates, Germany, France, the Netherlands, the UK, Uzbekistan, Russia and Libya, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +65.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prefabricated buildings of plastics, concrete or aluminium exported from Turkey were Iraq ($X), Turkmenistan ($X) and Germany ($X), with a combined 20% share of total exports. These countries were followed by Qatar, the UK, Kazakhstan, France, the Netherlands, Azerbaijan, Uzbekistan, the United Arab Emirates, Russia and Libya, which together accounted for a further 35%.

Among the main countries of destination, the Netherlands, with a CAGR of +59.9%, recorded the highest rates of growth with regard to the value of exports, 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 prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, growing by 9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2019 an increase of 16% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in years to come.

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 the UK ($X per ton), while the average price for exports to the United Arab Emirates ($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 Iraq (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Turkey

In 2021, imports of prefabricated buildings of plastics, concrete or aluminium into Turkey dropped markedly to X tons, declining by -21.6% compared with the previous year's figure. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2016 with an increase of 166%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium fell dramatically to $X in 2021. In general, imports showed a perceptible slump. The pace of growth appeared the most rapid in 2020 when imports increased by 225%. Over the period under review, imports of reached the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and Mozambique (X tons) were the main suppliers of imports of prefabricated buildings of plastics, concrete or aluminium to Turkey, together comprising 66% of total imports. France, Finland, Germany, Spain, Italy, Kuwait, the UK, Russia and the Netherlands lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kuwait (with a CAGR of +871.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and the UK ($X) constituted the largest prefabricated buildings of plastics, concrete or aluminium suppliers to Turkey, together comprising 61% of total imports. Mozambique, Italy, Germany, France, Spain, Finland, Kuwait, Russia and the Netherlands lagged somewhat behind, together comprising a further 32%.

Kuwait, with a CAGR of +649.0%, recorded the highest growth rate of 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

In 2021, the average import price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, leveling off at the previous year. Overall, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for prefabricated buildings of plastics, concrete or aluminium increased by +70.1% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 43%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Russia ($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 (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform