Turkey: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Turkey

The Turkish market for rigid tubes, pipes and hoses, of other polymers skyrocketed to $X in 2022, jumping by 49% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Turkey

In value terms, production of rigid tubes, pipes and hoses, of other polymers rose modestly to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.2% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 53%. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Turkey

After three years of growth, overseas shipments of rigid tubes, pipes and hoses, of other polymers decreased by -26.3% to X tons in 2022. In general, total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.4% 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 2019 when exports increased by 89% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2021, and then shrank dramatically in the following year.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers shrank to $X in 2022. Over the period under review, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 65%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Iraq (X tons) was the main destination for exports of rigid tubes, pipes and hoses, of other polymers from Turkey, with a 25% share of total exports. Moreover, exports of rigid tubes, pipes and hoses, of other polymers to Iraq exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was taken by France (X tons), with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq amounted to +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+191.7% per year) and France (+66.0% per year).

In value terms, Iraq ($X) remains the key foreign market for rigid tubes, pipes and hoses, of other polymers exports from Turkey, comprising 20% of total exports. The second position in the ranking was held by the United States ($X), with a 9.1% share of total exports. It was followed by Romania, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value to Iraq stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+178.3% per year) and Romania (+1.9% per year).

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, increasing by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The export price peaked at $X per ton in 2015; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Romania ($X per ton), while the average price for exports to Bulgaria ($X per ton) and Iraq ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Turkey

In 2022, the amount of rigid tubes, pipes and hoses, of other polymers imported into Turkey skyrocketed to X tons, with an increase of 97% against the previous year's figure. In general, imports showed a strong expansion. The growth pace was the most rapid in 2013 when imports increased by 100%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers soared to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +10.7% 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 +33.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to Turkey, with a combined 84% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +33.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Germany ($X) constituted the largest rigid tubes, pipes and hoses, of other polymers suppliers to Turkey, with a combined 74% share of total imports.

China, with a CAGR of +30.2%, saw the highest growth rate of 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 import price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, which is down by -27.7% against the previous year. Over the period under review, the import price recorded a slight setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 56% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 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 Poland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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