Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey - 2024
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey (CIF) - 2024
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey (FOB) - 2022
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey
- Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey (CIF) - 2024
In January 2024, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $28,978 per ton, rising by 33% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($101K per ton), while the price for China ($2,500 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the UK (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey (FOB) - 2022
The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $38,849 per ton in 2022, picking up by 21% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 36%. The export price peaked at $73,631 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($68,808 per ton), while the average price for exports to Azerbaijan ($17,234 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 Hong Kong SAR (+89.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey
In 2022, after three years of growth, there was decline in supplies from abroad of pharmaceutical goods; appliances identifiable for ostomy uses, when their volume decreased by -3.1% to 352 tons. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses totaled $7.4M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, imports reached the peak of $7.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 3,088 | 3,570 | 3,463 | 4,035 | 9.3% |
| Dominican Republic | 1,089 | 1,387 | 1,369 | 904 | -6.0% |
| Slovakia | 498 | 748 | 899 | 625 | 7.9% |
| Lithuania | N/A | 207 | 428 | 486 | 53.2% |
| Ireland | 916 | 542 | 480 | 444 | -21.4% |
| France | 119 | 270 | 218 | 344 | 42.5% |
| Costa Rica | N/A | N/A | N/A | 172 | 0% |
| China | 547 | 389 | 435 | 60.6 | -52.0% |
| Others | 257 | 347 | 61.5 | 319 | 7.5% |
| Total | 6,513 | 7,461 | 7,354 | 7,390 | 4.3% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Turkey in 2022:
- Hungary (147.0 tons)
- Dominican Republic (87.0 tons)
- Slovakia (52.2 tons)
- Lithuania (20.3 tons)
- France (17.4 tons)
- Costa Rica (9.4 tons)
- Ireland (8.6 tons)
- China (2.5 tons)
Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey
Exports of pharmaceutical goods; appliances identifiable for ostomy uses from Turkey skyrocketed to 39 tons in 2022, increasing by 72% against 2021 figures. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 96%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses skyrocketed to $1.5M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 0.9 | N/A | 622 | 2528.9% |
| United States | N/A | N/A | 2.8 | 192 | 6757.1% |
| Pakistan | 38.0 | 35.0 | 79.7 | 136 | 53.0% |
| Hong Kong SAR | N/A | N/A | 16.0 | 104 | 550.0% |
| Azerbaijan | 61.3 | 54.8 | 75.7 | 77.8 | 8.3% |
| Iraq | 47.0 | 26.2 | 57.5 | 70.2 | 14.3% |
| Georgia | 45.5 | 60.0 | 74.2 | 63.1 | 11.5% |
| Cyprus | 74.5 | 96.0 | 122 | 42.4 | -17.1% |
| Canada | N/A | 46.5 | 90.0 | 0.6 | -88.6% |
| Others | 42.6 | 319 | 204 | 200 | 67.4% |
| Total | 309 | 638 | 722 | 1,507 | 69.6% |
Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Turkey in 2022:
- Russia (13.7 tons)
- Azerbaijan (4.5 tons)
- United States (4.5 tons)
- Pakistan (4.3 tons)
- Georgia (2.2 tons)
- Iraq (2.1 tons)
- Hong Kong SAR (1.5 tons)
- Cyprus (1.0 tons)
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