Turkey - Plastic Boxes, Cases, Crates And Similar Packing Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Box Price in Turkey - 2023
Contents:
- Plastic Box Price in Turkey (FOB) - 2023
- Plastic Box Price in Turkey (CIF) - 2023
- Plastic Box Exports in Turkey
- Plastic Box Imports in Turkey
Plastic Box Price in Turkey (FOB) - 2023
In July 2023, the average plastic box export price amounted to $2,914 per ton, surging by 2% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 6.8% month-to-month. Over the period under review, the average export prices attained the peak figure at $2,976 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($4,146 per ton), while the average price for exports to Bulgaria ($1,404 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Box Price in Turkey (CIF) - 2023
The average plastic box import price stood at $3,869 per ton in July 2023, surging by 4.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 9.1% month-to-month. Over the period under review, average import prices hit record highs in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($8,599 per ton), while the price for Bulgaria ($1,617 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Box Exports in Turkey
In 2022, approx. 86K tons of plastic boxes, cases, crates and similar packing articles were exported from Turkey; with an increase of 4.3% against the year before. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic box exports rose notably to $248M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Plastic Box in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 15.8 | 18.0 | 24.3 | 25.6 | 17.5% |
United Kingdom | 18.9 | 14.9 | 19.2 | 20.2 | 2.2% |
Israel | 9.2 | 10.3 | 13.0 | 15.2 | 18.2% |
Iraq | 16.2 | 12.9 | 11.4 | 12.6 | -8.0% |
Romania | 6.9 | 6.1 | 9.1 | 9.5 | 11.2% |
Spain | 6.0 | 9.4 | 8.1 | 9.1 | 14.9% |
France | 7.1 | 11.5 | 7.5 | 8.8 | 7.4% |
Hungary | 7.7 | 5.8 | 2.5 | 8.4 | 2.9% |
Bulgaria | 7.6 | 6.9 | 7.9 | 8.0 | 1.7% |
Greece | 5.6 | 4.3 | 6.3 | 6.9 | 7.2% |
Tunisia | 4.3 | 4.6 | 5.1 | 6.6 | 15.4% |
Netherlands | 2.7 | 3.5 | 5.0 | 5.4 | 26.0% |
Cyprus | 2.9 | 2.3 | 3.1 | 3.2 | 3.3% |
Others | 85.4 | 88.9 | 108 | 108 | 8.1% |
Total | 196 | 199 | 231 | 248 | 8.2% |
Top Export Markets for Plastic Box from Turkey in 2022:
- Germany (10.7K tons)
- United Kingdom (8.6K tons)
- Bulgaria (6.1K tons)
- Israel (4.7K tons)
- Iraq (3.8K tons)
- Romania (3.2K tons)
- Greece (3.0K tons)
- Spain (2.6K tons)
- France (2.3K tons)
- Hungary (2.3K tons)
- Tunisia (2.0K tons)
- Netherlands (1.9K tons)
- Cyprus (1.8K tons)
Plastic Box Imports in Turkey
In 2022, after two years of decline, there was significant growth in supplies from abroad of plastic boxes, cases, crates and similar packing articles, when their volume increased by 6.3% to 39K tons. In general, imports, however, showed a relatively flat trend pattern.
In value terms, plastic box imports expanded remarkably to $133M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Plastic Box in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 52.8 | 48.3 | 45.5 | 48.1 | -3.1% |
France | 17.0 | 12.0 | 13.5 | 12.5 | -9.7% |
Belgium | 1.7 | 2.2 | 4.2 | 9.5 | 77.5% |
United States | 4.4 | 10.3 | 6.4 | 9.1 | 27.4% |
Italy | 17.0 | 17.6 | 14.8 | 7.6 | -23.5% |
Croatia | 0.1 | 1.8 | 3.9 | 6.0 | 291.5% |
China | 5.2 | 5.3 | 4.7 | 6.0 | 4.9% |
United Kingdom | 4.4 | 4.9 | 4.6 | 5.6 | 8.4% |
Spain | 4.0 | 5.1 | 5.1 | 4.3 | 2.4% |
Czech Republic | 2.1 | 2.1 | 1.8 | 2.7 | 8.7% |
India | 0.2 | 1.0 | 0.5 | 2.3 | 125.7% |
Bulgaria | 3.6 | 3.8 | 2.5 | 2.2 | -15.1% |
Austria | 1.0 | 0.3 | 0.7 | 1.3 | 9.1% |
Others | 13.6 | 11.4 | 14.7 | 15.5 | 4.5% |
Total | 127 | 126 | 123 | 133 | 1.6% |
Top Suppliers of Plastic Box to Turkey in 2022:
- Germany (13.9K tons)
- France (5.9K tons)
- Italy (2.4K tons)
- United States (2.2K tons)
- Belgium (1.9K tons)
- Croatia (1.7K tons)
- United Kingdom (1.5K tons)
- Bulgaria (1.5K tons)
- Czech Republic (1.0K tons)
- Austria (1.0K tons)
- Spain (1.0K tons)
- India (0.8K tons)
- China (0.8K tons)
This report provides an in-depth analysis of the plastic box market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In January 2023, the price for plastic boxes FOB Turkey stood at $2,839 per ton, which was a -4.4% decrease compared to the previous month.
In March 2023, the Plastic Bottle industry experienced a 32% month-to-month growth rate, marking a significant increase. However, by January 2024, exports in value terms had fallen to $13M.
In December 2022, the plastic bag price was $2,669 per ton (FOB, Turkey), a 1.5% increase from the previous month.
During the period analyzed, imports of Plastic Supports peaked at 3.3K tons in 2022 before declining the next year. In terms of value, imports of Plastic Supports decreased to $15M in 2023.
In January 2023, plastic support prices dropped by 20.4%, amounting to $4,524 per ton CIF in Turkey.
The rate of growth for Plastic Closure was highest in March 2023, with a 30% increase compared to the previous month. However, the value of plastic closure exports declined to $17M in September 2023.
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