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Turkey - Candles And Tapers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCandles and Tapers Price in Turkey - 2023
Contents:
- Candles and Tapers Price in Turkey (CIF) - 2023
- Candles and Tapers Price in Turkey (FOB) - 2023
- Candles and Tapers Imports in Turkey
- Candles and Tapers Exports in Turkey
Candles and Tapers Price in Turkey (CIF) - 2023
In July 2023, the average candles and tapers import price amounted to $2,842 per ton, falling by -17.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 37% against the previous month. Over the period under review, average import prices attained the peak figure at $4,307 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($11,157 per ton), while the price for Turkmenistan ($1,120 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 Poland (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Candles and Tapers Price in Turkey (FOB) - 2023
The average candles and tapers export price stood at $8,687 per ton in July 2023, with an increase of 7.5% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 23% month-to-month. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($17,468 per ton), while the average price for exports to Kazakhstan ($1,976 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 Russia (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Candles and Tapers Imports in Turkey
Candles and tapers imports into Turkey contracted significantly to 2.1K tons in 2022, which is down by -20.5% compared with 2021. Over the period under review, imports showed a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 2.7K tons, and then fell notably in the following year.
In value terms, candles and tapers imports reduced slightly to $7.4M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45%. As a result, imports attained the peak of $7.7M, and then reduced slightly in the following year.
Import of Candles and Tapers in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 2,088 | 1,898 | 2,688 | 2,615 | 7.8% |
China | 2,218 | 1,756 | 2,438 | 2,438 | 3.2% |
Spain | 170 | 222 | 362 | 352 | 27.5% |
United States | 178 | 142 | 335 | 326 | 22.3% |
France | 138 | 112 | 257 | 250 | 21.9% |
Germany | 143 | 157 | 235 | 229 | 17.0% |
United Kingdom | 153 | 158 | 210 | 204 | 10.1% |
Vietnam | 147 | 191 | 171 | 196 | 10.1% |
Others | 369 | 650 | 992 | 808 | 29.9% |
Total | 5,604 | 5,286 | 7,688 | 7,417 | 9.8% |
Top Suppliers of Candles and Tapers to Turkey in 2022:
- Poland (876.4 tons)
- China (839.0 tons)
- Germany (61.4 tons)
- United Kingdom (51.3 tons)
- France (42.6 tons)
- United States (39.4 tons)
- Vietnam (39.0 tons)
- Spain (35.9 tons)
Candles and Tapers Exports in Turkey
In 2022, the amount of candles and tapers exported from Turkey soared to 1.2K tons, growing by 35% against 2021. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 327%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, candles and tapers exports surged to $8.2M in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 362%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Export of Candles and Tapers in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 348 | 229 | 2,732 | 3,634 | 118.6% |
Belgium | 112 | 161 | 561 | 746 | 88.2% |
United Kingdom | 52.5 | 77.2 | 287 | 382 | 93.8% |
Germany | 44.4 | 48.3 | 220 | 293 | 87.6% |
Kuwait | 3.2 | 39.1 | 219 | 291 | 349.7% |
Tunisia | 0.8 | 0.8 | 177 | 235 | 564.8% |
Saudi Arabia | 33.9 | 257 | 16.5 | 228 | 88.8% |
Iraq | 87.4 | 118 | 131 | 214 | 34.8% |
Israel | 2.4 | 12.0 | 157 | 209 | 343.2% |
Canada | 53.9 | 13.2 | 144 | 191 | 52.5% |
Romania | 8.1 | 62.5 | 102 | 135 | 155.4% |
Ukraine | 16.2 | 10.4 | 94.4 | 126 | 98.1% |
Cyprus | 16.2 | 20.2 | 45.4 | 60.3 | 55.0% |
Others | 265 | 296 | 1,332 | 1,466 | 76.9% |
Total | 1,044 | 1,345 | 6,217 | 8,211 | 98.9% |
Top Export Markets for Candles and Tapers from Turkey in 2022:
- United States (395.4 tons)
- Tunisia (104.8 tons)
- Iraq (81.8 tons)
- Belgium (63.8 tons)
- United Kingdom (57.4 tons)
- Kuwait (43.4 tons)
- Canada (39.5 tons)
- Israel (37.0 tons)
- Germany (35.2 tons)
- Saudi Arabia (27.4 tons)
- Romania (26.9 tons)
- Ukraine (25.4 tons)
- Cyprus (22.1 tons)
This report provides an in-depth analysis of the candles and tapers 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 32995400 - Candles, tapers and the like (including night lights fitted with a float) (excluding anti-asthmatic candles, wax matches or vestas, sulphur-treated bands, wicks and candles)
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
-
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
This report provides an in-depth analysis of the candles and tapers market in Turkey.
This report provides an in-depth analysis of the global candles and tapers market.
This report provides an in-depth analysis of the candles and tapers market in Turkey.
This report provides an in-depth analysis of the global candles and tapers market.
Explore the world's best import markets for candles and tapers with key statistics and data from the IndexBox market intelligence platform. Discover the top countries driving the import value of candles and tapers.
Explore the world's best import markets for candles and tapers with key statistics and data from the IndexBox market intelligence platform. Discover the top countries driving the import value of candles and tapers.