Price for Waste, Parings and Scrap, of Plastics in Turkey - 2023
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Turkey (CIF) - 2023
- Price for Waste, Parings and Scrap, of Plastics in Turkey (FOB) - 2023
- Imports of Waste, Parings and Scrap, of Plastics in Turkey
- Exports of Waste, Parings and Scrap, of Plastics in Turkey
Price for Waste, Parings and Scrap, of Plastics in Turkey (CIF) - 2023
The average import price for waste, parings and scrap, of plasticses stood at $278 per ton in December 2023, shrinking by -7.2% against the previous month. Overall, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 9.8% m-o-m. As a result, import price reached the peak level of $375 per ton. From March 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Tunisia ($456 per ton), while the price for Israel ($161 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Waste, Parings and Scrap, of Plastics in Turkey (FOB) - 2023
In December 2023, the average export price for waste, parings and scrap, of plasticses amounted to $726 per ton, picking up by 12% against the previous month. Overall, the export price, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in August 2023 an increase of 43% against the previous month. The export price peaked at $1,152 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Russia ($1,415 per ton), while the average price for exports to Pakistan ($142 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Waste, Parings and Scrap, of Plastics in Turkey
In 2022, approx. 688K tons of waste, parings and scrap, of plasticses were imported into Turkey; standing approx. at 2021 figures. The total import volume increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 47%. As a result, imports reached the peak of 745K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of waste, parings and scrap, of plasticses skyrocketed to $297M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Waste, Parings and Scrap, of Plastics in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.1 | 27.2 | 33.0 | 42.6 | 41.3% |
| Netherlands | 10.5 | 14.6 | 13.2 | 31.8 | 44.7% |
| United Kingdom | 18.3 | 24.7 | 28.4 | 31.4 | 19.7% |
| Yemen | 3.3 | 6.2 | 15.1 | 28.3 | 104.7% |
| Belgium | 9.3 | 9.2 | 15.4 | 25.9 | 40.7% |
| Iraq | 8.7 | 5.8 | 13.0 | 22.3 | 36.9% |
| Spain | 2.0 | 4.6 | 9.9 | 20.0 | 115.4% |
| Tunisia | 6.2 | 6.0 | 11.7 | 13.7 | 30.2% |
| Slovenia | 2.3 | 4.4 | 7.5 | 8.5 | 54.6% |
| United States | 7.6 | 5.0 | 4.4 | 8.1 | 2.1% |
| Italy | 2.5 | 3.8 | 4.7 | 7.8 | 46.1% |
| Israel | 4.4 | 6.1 | 4.9 | 7.7 | 20.5% |
| Canada | 1.3 | 1.1 | 2.5 | 4.4 | 50.1% |
| Others | 21.5 | 21.1 | 31.5 | 44.4 | 27.3% |
| Total | 113 | 140 | 195 | 297 | 38.0% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Turkey in 2022:
- Iraq (104.4K tons)
- Germany (102.6K tons)
- United Kingdom (87.9K tons)
- Netherlands (67.9K tons)
- Belgium (56.0K tons)
- Spain (42.0K tons)
- Yemen (34.8K tons)
- Italy (21.0K tons)
- Slovenia (19.5K tons)
- Tunisia (19.2K tons)
- Israel (17.9K tons)
- United States (16.0K tons)
- Canada (14.8K tons)
Exports of Waste, Parings and Scrap, of Plastics in Turkey
In 2022, approx. 19K tons of waste, parings and scrap, of plasticses were exported from Turkey; increasing by 53% compared with the year before. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of waste, parings and scrap, of plasticses soared to $20M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Waste, Parings and Scrap, of Plastics in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 111 | 156 | 451 | 4,602 | 246.1% |
| Russia | 3,338 | 3,686 | 3,889 | 3,819 | 4.6% |
| United Kingdom | 226 | 593 | 1,539 | 2,614 | 126.2% |
| Italy | 438 | 1,643 | 2,662 | 1,509 | 51.0% |
| Israel | 262 | 523 | 94.3 | 1,064 | 59.5% |
| Egypt | 689 | 588 | 520 | 865 | 7.9% |
| Latvia | 30.0 | 97.2 | 10.4 | 665 | 180.9% |
| Germany | 371 | 239 | 460 | 658 | 21.0% |
| Greece | 144 | 431 | 281 | 616 | 62.3% |
| Spain | 333 | 166 | 212 | 537 | 17.3% |
| Portugal | 2.8 | N/A | 9.6 | 494 | 460.9% |
| Malaysia | 341 | 133 | 339 | 393 | 4.8% |
| India | 389 | 121 | 50.3 | 161 | -25.5% |
| Others | 3,661 | 2,082 | 2,126 | 1,929 | -19.2% |
| Total | 10,336 | 10,457 | 12,644 | 19,924 | 24.5% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Turkey in 2022:
- Romania (4.7K tons)
- United Kingdom (1.8K tons)
- Egypt (1.7K tons)
- Russia (1.7K tons)
- Israel (1.4K tons)
- Italy (1.1K tons)
- Germany (1.0K tons)
- Greece (0.9K tons)
- Portugal (0.7K tons)
- Latvia (0.7K tons)
- Spain (0.6K tons)
- Malaysia (0.5K tons)
- India (0.3K tons)
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