Turkey: Surgical Glove Market 2024

Surgical Glove Market Size in Turkey

In 2022, after two years of growth, there was significant decline in the Turkish surgical glove market, when its value decreased by -7.2% to $X. In general, consumption continues to indicate resilient growth. Over the period under review, the market reached the peak level at $X in 2021, and then shrank in the following year.

Surgical Glove Production in Turkey

In value terms, surgical glove production declined to $X in 2022 estimated in export price. Overall, production, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by 123%. Surgical glove production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Surgical Glove Exports

Exports from Turkey

In 2022, after two years of growth, there was significant decline in overseas shipments of surgical gloves, when their volume decreased by -11% to X tons. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 441%. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined in the following year.

In value terms, surgical glove exports shrank significantly to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,135% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

Libya (X tons), Georgia (X tons) and Iraq (X tons) were the main destinations of surgical glove exports from Turkey, with a combined 40% share of total exports. These countries were followed by Austria, Germany, Syrian Arab Republic, Romania, Bulgaria, Cyprus, France, Azerbaijan, Israel and Serbia, which together accounted for a further 48%.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +100.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for surgical glove exported from Turkey were Austria ($X), Germany ($X) and Libya ($X), with a combined 43% share of total exports. Georgia, Iraq, Bulgaria, Romania, Syrian Arab Republic, Israel, Cyprus, France, Serbia and Azerbaijan lagged somewhat behind, together accounting for a further 42%.

In terms of the main countries of destination, Israel, with a CAGR of +142.7%, saw the highest growth rate of 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

In 2022, the average surgical glove export price amounted to $X per ton, with a decrease of -6.6% against the previous year. In general, the export price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 128% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Azerbaijan ($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 Israel (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Surgical Glove Imports

Imports into Turkey

In 2022, approx. X tons of surgical gloves were imported into Turkey; rising by 6.5% against the previous year's figure. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, surgical glove imports contracted to $X in 2022. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 94%. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest surgical glove supplier to Turkey, accounting for a 70% share of total imports. Moreover, surgical glove imports from Malaysia exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. Indonesia (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+53.7% per year) and Indonesia (+20.8% per year).

In value terms, Malaysia ($X) constituted the largest supplier of surgical gloves to Turkey, comprising 75% of total imports. The second position in the ranking was taken by Thailand ($X), with a 14% share of total imports. It was followed by Indonesia, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+58.0% per year) and Indonesia (+23.6% per year).

Import Prices by Country

In 2022, the average surgical glove import price amounted to $X per ton, waning by -19.2% against the previous year. Overall, the import price, however, recorded measured growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :