Price for Pharmaceutical Goods; Waste Pharmaceuticals in Turkey - 2023

Contents:

  1. Price for Pharmaceutical Goods; Waste Pharmaceuticals in Turkey (FOB) - 2022
  2. Price for Pharmaceutical Goods; Waste Pharmaceuticals in Turkey (CIF) - 2022
  3. Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Turkey
  4. Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Turkey

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Turkey (FOB) - 2022

In 2022, the average pharmaceutical goods; waste pharmaceuticals export price amounted to $1,459 per ton, shrinking by -86.5% against the previous year. Over the period under review, the export price saw a precipitous shrinkage. The growth pace was the most rapid in 2013 an increase of 114% against the previous year. As a result, the export price reached the peak level of $118,463 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($19,333 per ton), while the average price for exports to Lebanon ($718 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 Libya (+90.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Turkey (CIF) - 2022

In 2022, the average pharmaceutical goods; waste pharmaceuticals import price amounted to $20,000 per ton, reducing by -85.9% against the previous year. Over the period under review, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 181% against the previous year. As a result, import price reached the peak level of $143,718 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +24.0% per year.

Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Turkey

In 2022, approx. 542 kg of pharmaceutical goods; waste pharmaceuticalses were exported from Turkey; falling by -50.3% on 2021 figures. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 4,264%. As a result, the exports attained the peak of 1.1 tons, and then plummeted in the following year.

In value terms, pharmaceutical goods; waste pharmaceuticals exports dropped notably to $791 in 2022. Over the period under review, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 5,012%. As a result, the exports attained the peak of $12K, and then shrank markedly in the following year.

Export of Pharmaceutical Goods; Waste Pharmaceuticals in Turkey (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia25.01.01,395374146.4%
LebanonN/AN/AN/A3590%
LibyaN/AN/A2,68958.0-97.8%
United Kingdom1,62132.01,989N/A10.8%
Egypt740N/AN/AN/A0%
Others3,0731975,685N/A36.0%
Total5,45923011,758791-47.5%

Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from Turkey in 2022:

  1. Lebanon (500.0 kg)
  2. Georgia (39.0 kg)
  3. Libya (3.0 kg)

Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Turkey

In 2022, purchases abroad of pharmaceutical goods; waste pharmaceuticalses decreased by -99.9% to 1 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 456% against the previous year. As a result, imports reached the peak of 7.2 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, pharmaceutical goods; waste pharmaceuticals imports contracted remarkably to $20 in 2022. Overall, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 183% against the previous year. As a result, imports reached the peak of $494K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Pharmaceutical Goods; Waste Pharmaceuticals in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/A0.1N/A0%
United Kingdom20.51.640.4N/A40.4%
France42.059.05.3N/A-64.5%
United Arab EmiratesN/A271N/AN/A0%
United States15.239.70.1N/A-91.9%
Others96.712370.7N/A-14.5%
Total174494116N/A-18.4%

Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to Turkey in 2022:

  1. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform

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