Report Update: Apr 1, 2024

Turkey - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Unwrought Zinc Alloys Price in Turkey - 2023

Unwrought Zinc Alloys Price in Turkey (CIF) - 2023

In March 2023, the average unwrought zinc alloys import price amounted to $3,253 per ton, declining by -10.9% against the previous month. Overall, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in December 2022 an increase of 8.2% m-o-m. Over the period under review, average import prices attained the maximum at $3,675 per ton in August 2022; however, from September 2022 to March 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In March 2023, the highest price was recorded for prices from the Netherlands ($4,000 per ton) and Italy ($3,990 per ton), while the price for Australia ($2,925 per ton) and Belgium ($3,207 per ton) were amongst the lowest.

From July 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Australia (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Unwrought Zinc Alloys Price in Turkey (FOB) - 2022

The average unwrought zinc alloys export price stood at $3,734 per ton in 2022, with an increase of 11% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys export price increased by +39.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($4,552 per ton) and Sweden ($4,084 per ton), while the average price for exports to Russia ($3,196 per ton) and Morocco ($3,390 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Zinc Alloys Imports in Turkey

In 2022, approx. 15K tons of unwrought zinc alloys were imported into Turkey; picking up by 3.6% against the previous year. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.3% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, unwrought zinc alloys imports skyrocketed to $55M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Unwrought Zinc Alloys in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	18.7	21.0	32.9	41.0	29.9%
Italy	4.0	6.1	6.5	8.1	26.5%
Iran	N/A	N/A	0.1	3.3	3200.0%
United Kingdom	9.6	3.4	4.8	1.3	-48.6%
Netherlands	1.9	2.1	N/A	N/A	10.5%
Others	0.9	0.6	1.3	1.1	6.9%
Total	35.0	33.2	45.7	54.9	16.2%

Top Suppliers of Unwrought Zinc Alloys to Turkey in 2022:

Belgium (11.0K tons)
Italy (2.1K tons)
Iran (0.9K tons)
United Kingdom (0.3K tons)

Unwrought Zinc Alloys Exports in Turkey

In 2022, overseas shipments of unwrought zinc alloys were finally on the rise to reach 455 tons after two years of decline. In general, exports, however, faced a drastic downturn.

In value terms, unwrought zinc alloys exports skyrocketed to $1.7M in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump.

Export of Unwrought Zinc Alloys in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	465	487	535	577	7.5%
Egypt	6.2	N/A	93.3	399	300.7%
Morocco	25.8	N/A	68.1	265	117.4%
Azerbaijan	170	155	213	207	6.8%
Israel	N/A	N/A	3.8	122	3110.5%
Sweden	N/A	N/A	20.4	52.5	157.4%
United Arab Emirates	N/A	N/A	N/A	43.2	0%
Saudi Arabia	1,307	N/A	14.3	22.8	-74.1%
Serbia	204	N/A	N/A	N/A	0%
Algeria	N/A	133	N/A	N/A	0%
Ukraine	N/A	81.9	N/A	N/A	0%
Others	130	15.2	30.0	11.6	-55.3%
Total	2,308	872	978	1,700	-9.7%

Top Export Markets for Unwrought Zinc Alloys from Turkey in 2022:

Romania (149.6 tons)
Egypt (105.0 tons)
Morocco (78.2 tons)
Azerbaijan (59.5 tons)
Israel (30.0 tons)
Sweden (12.9 tons)
United Arab Emirates (12.1 tons)
Saudi Arabia (5.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc alloys 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 24431250 - Unwrought zinc alloys (excluding zinc dust, powders and flakes)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023