Turkey - Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Aqueous Paint and Varnish in Turkey - 2023
Contents:
- Price for Aqueous Paint and Varnish in Turkey (CIF) - 2023
- Price for Aqueous Paint and Varnish in Turkey (FOB) - 2023
- Imports of Aqueous Paint and Varnish in Turkey
- Exports of Aqueous Paint and Varnish in Turkey
Price for Aqueous Paint and Varnish in Turkey (CIF) - 2023
The average aqueous paint and varnish import price stood at $3,555 per ton in July 2023, increasing by 5.1% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 6% month-to-month. Over the period under review, average import prices reached the maximum at $3,697 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($5,830 per ton), while the price for Cyprus ($674 per ton) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aqueous Paint and Varnish in Turkey (FOB) - 2023
In July 2023, the average aqueous paint and varnish export price amounted to $1,793 per ton, growing by 4.6% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 15% m-o-m. As a result, the export price reached the peak level of $2,109 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($3,985 per ton), while the average price for exports to Tanzania ($897 per ton) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aqueous Paint and Varnish in Turkey
In 2022, approx. 74K tons of paints and varnishes dispersed or dissolved in an aqueous medium were imported into Turkey; increasing by 117% on 2021. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aqueous paint and varnish imports surged to $244M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Aqueous Paint and Varnish in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 32.5 | 39.0 | 40.3 | 87.4 | 39.1% |
Spain | 10.4 | 9.1 | 12.1 | 30.4 | 43.0% |
Italy | 14.5 | 14.9 | 17.0 | 30.0 | 27.4% |
United Kingdom | 6.7 | 7.5 | 7.5 | 22.3 | 49.3% |
France | 3.7 | 4.1 | 5.9 | 15.6 | 61.6% |
Netherlands | 4.6 | 5.1 | 4.1 | 8.9 | 24.6% |
China | 0.4 | 0.7 | 1.1 | 3.6 | 108.0% |
South Korea | 1.3 | 1.1 | 1.4 | 3.6 | 40.4% |
Cyprus | N/A | 0.5 | 1.3 | 3.4 | 160.8% |
Japan | 3.5 | 3.6 | 2.0 | 1.7 | -21.4% |
Others | 12.4 | 12.7 | 17.1 | 37.4 | 44.5% |
Total | 90.1 | 98.3 | 110 | 244 | 39.4% |
Top Suppliers of Aqueous Paint and Varnish to Turkey in 2022:
- Germany (25.4K tons)
- Spain (10.9K tons)
- United Kingdom (9.8K tons)
- Italy (6.3K tons)
- France (5.2K tons)
- Cyprus (4.2K tons)
- Netherlands (2.8K tons)
- China (1.2K tons)
- South Korea (1.2K tons)
- Japan (0.4K tons)
Exports of Aqueous Paint and Varnish in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of paints and varnishes dispersed or dissolved in an aqueous medium, which increased by 116% to 120K tons in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aqueous paint and varnish exports skyrocketed to $182M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Aqueous Paint and Varnish in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 21.8 | 21.6 | 23.4 | 51.0 | 32.8% |
Russia | 0.8 | 1.2 | 1.2 | 20.2 | 193.4% |
Georgia | 6.0 | 5.0 | 5.2 | 10.7 | 21.3% |
France | 5.4 | 4.8 | 5.2 | 8.6 | 16.8% |
Uzbekistan | 2.0 | 2.6 | 4.2 | 8.5 | 62.0% |
Iran | 1.5 | 2.8 | 4.0 | 7.6 | 71.8% |
Hungary | 4.8 | 3.4 | 3.2 | 7.4 | 15.5% |
Turkmenistan | 1.6 | 2.2 | 2.7 | 7.3 | 65.9% |
Cyprus | 2.8 | 2.9 | 3.3 | 7.1 | 36.4% |
Azerbaijan | 2.8 | 2.9 | 3.3 | 6.2 | 30.3% |
Romania | 2.3 | 3.2 | 5.6 | 5.9 | 36.9% |
Nigeria | 1.7 | 1.2 | 0.5 | 1.6 | -2.0% |
Others | 13.1 | 17.4 | 18.2 | 39.6 | 44.6% |
Total | 66.6 | 71.1 | 79.9 | 182 | 39.8% |
Top Export Markets for Aqueous Paint and Varnish from Turkey in 2022:
- Iraq (41.8K tons)
- Russia (13.7K tons)
- Georgia (8.3K tons)
- Turkmenistan (6.2K tons)
- Cyprus (5.1K tons)
- Romania (5.0K tons)
- Azerbaijan (4.1K tons)
- Uzbekistan (4.0K tons)
- Iran (3.7K tons)
- France (3.2K tons)
- Hungary (2.2K tons)
- Nigeria (1.5K tons)
This report provides an in-depth analysis of the market for aqueous paint and varnish 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 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
- Prodcom 20301170 - Other paints, varnishes dispersed or dissolved in an aqueous medium
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 market for aqueous paint and varnish in Turkey.
This report provides an in-depth analysis of the paint and varnish market in Turkey.
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This report provides an in-depth analysis of the global market for aqueous paint and varnish.
This report provides an in-depth analysis of the global paint and varnish market.
This report provides an in-depth analysis of the global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium.
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
This report provides an in-depth analysis of the market for aqueous paint and varnish in Turkey.
This report provides an in-depth analysis of the paint and varnish market in Turkey.
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Explore the top countries that are major importers of paints and varnishes based on acrylic or vinyl polymers in an aqueous medium. Learn about their import values and the factors driving their demand for these products.
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Explore the top countries that are major importers of paints and varnishes based on acrylic or vinyl polymers in an aqueous medium. Learn about their import values and the factors driving their demand for these products.