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Turkey - Iron Or Steel Crown Corks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Crown Cork Price in Turkey - 2023
Contents:
- Metal Crown Cork Price in Turkey (CIF) - 2022
- Metal Crown Cork Price in Turkey (FOB) - 2022
- Metal Crown Cork Imports in Turkey
- Metal Crown Cork Exports in Turkey
Metal Crown Cork Price in Turkey (CIF) - 2022
The average metal crown cork import price stood at $29 per thousand units in 2022, rising by 50% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($79 per thousand units), while the price for India ($11 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Crown Cork Price in Turkey (FOB) - 2022
The average metal crown cork export price stood at $36 per thousand units in 2022, reducing by -20% against the previous year. Over the period under review, the export price, however, continues to indicate noticeable growth. The growth pace was the most rapid in 2013 when the average export price increased by 59% against the previous year. The export price peaked at $70 per thousand units in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($130 per thousand units), while the average price for exports to Kazakhstan ($3.6 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Crown Cork Imports in Turkey
Metal crown cork imports into Turkey dropped notably to 109M units in 2022, which is down by -44.7% compared with the previous year's figure. Over the period under review, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of 198M units, and then fell markedly in the following year.
In value terms, metal crown cork imports fell markedly to $3.2M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.1% 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 +26.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 53%. As a result, imports reached the peak of $3.9M, and then declined dramatically in the following year.
Import of Metal Crown Cork in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,586 | 1,358 | 1,773 | 1,718 | 2.7% |
United States | 363 | 365 | 392 | 463 | 8.4% |
China | 43.8 | 242 | 375 | 236 | 75.3% |
Spain | 64.0 | 16.1 | 214 | 143 | 30.7% |
India | 205 | 122 | 365 | 126 | -15.0% |
Germany | 136 | 162 | 147 | 112 | -6.3% |
France | 40.9 | 47.3 | 116 | 101 | 35.2% |
Japan | 73.5 | 84.9 | 89.2 | 74.4 | 0.4% |
Czech Republic | 0.7 | 1.6 | 59.9 | 60.0 | 340.9% |
United Kingdom | 44.0 | 40.1 | 75.5 | 54.2 | 7.2% |
South Korea | 12.5 | 31.9 | 184 | 49.4 | 58.1% |
Others | 115 | 68.8 | 83.7 | 74.1 | -13.6% |
Total | 2,684 | 2,539 | 3,874 | 3,210 | 6.1% |
Top Suppliers of Metal Crown Cork to Turkey in 2022:
- Italy (57.7M units)
- India (11.4M units)
- China (7.9M units)
- Japan (6.2M units)
- United States (5.9M units)
- Spain (3.6M units)
- Czech Republic (3.0M units)
- France (2.9M units)
- Germany (2.9M units)
- South Korea (2.7M units)
- United Kingdom (2.4M units)
Metal Crown Cork Exports in Turkey
In 2022, metal crown cork exports from Turkey rose slightly to 37M units, surging by 4.9% against 2021 figures. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, metal crown cork exports dropped rapidly to $1.3M in 2022. Over the period under review, exports, however, saw a pronounced setback. The pace of growth was the most pronounced in 2021 when exports increased by 33%. As a result, the exports reached the peak of $1.6M, and then dropped dramatically in the following year.
Export of Metal Crown Cork in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 567 | 434 | 640 | 718 | 8.2% |
Germany | 415 | 245 | 347 | 230 | -17.9% |
Russia | 46.4 | 19.5 | 6.2 | 127 | 39.9% |
United States | 2.4 | 12.6 | 55.8 | 92.6 | 237.9% |
Kazakhstan | 18.0 | 8.8 | 4.8 | 31.5 | 20.5% |
Romania | 43.7 | 60.1 | 69.6 | 28.6 | -13.2% |
France | 84.1 | 45.1 | 23.5 | 2.0 | -71.2% |
Oman | 71.3 | 103 | 35.4 | N/A | -29.5% |
Others | 259 | 277 | 415 | 111 | -24.6% |
Total | 1,507 | 1,205 | 1,597 | 1,341 | -3.8% |
Top Export Markets for Metal Crown Cork from Turkey in 2022:
- Oman (undefinedM units)
- Russia (12.7M units)
- Kazakhstan (8.8M units)
- Hungary (5.5M units)
- Germany (5.3M units)
- United States (1.4M units)
- Romania (0.6M units)
- France (0.1M units)
This report provides an in-depth analysis of the metal crown cork 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 25921330 - Iron or steel crown corks
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
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