1 July 2017

In the first quarter of 2017, the plastic industry shrunk domestic consumption. According to the report prepared by PAGEV, the sector is in January-March period amounting to 2.3 million tons with an increase of 14 percent, and an increase of 11 percent on a value basis to produce products worth $ 8.8 billion. 2.1 million tonnes of this production is automotive, packaging, construction and electronics, as well as by consumers in the domestic market. In the first quarter, finished exports of the plastic industry amounted to 389 thousand tons, worth 1 billion It was $ 11 million.

According to the January-March period of 2017 published by the Turkish Plastic Industry Research, Development and Education Foundation (PAGEV); According to some amount of plastic in Turkey's finished steel output in the same period of last year it was up 14 percent to 2.3 million tons. Value-based production of $ 8.8 billion with an increase of 11 percent was signed.

In the first quarter of 2017, plastic packaging materials ranked first with approximately 936 thousand tons in 2.3 million tons total plastic product production. 515 thousand tonnes of plastic packaging material production followed by plastic construction materials.

2.1 million tons of plastic in the first quarter was consumed in the inner market

The plastics sector used 72.9 percent of the production capacity. In the first quarter, domestic consumption of the sector increased by 14 percent to 2.1 million tons and 12 percent to 8.5 billion dollars. Approximately 1 million tonnes of the domestic consumption of plastic products were exported indirectly to the exporting sectors such as automotive, packaging, construction and electronics in the form of channels, semi-finished products and finished products. 1.1 million tons were consumed directly by the consumer.        Plastic sector representatives made investments in machinery equipment worth $ 204 million in January-March period.

Plastics sector exports increased by 11 percent and plastic kitchen products ...

In the first quarter of 2017, exports of finished products of the Turkish plastics industry amounted to 389 thousand tons with an increase of 8 percent on a quantity basis and 1 billion 11 million dollars with a decrease of 2 percent on a value basis. The countries where the plastics industry exports most plastic goods in the January-March period are; Iraq, Germany, Israel, England and France. Plastic kitchen products were the sub-sector that made the biggest increase in exports with an increase of 11 percent.

Domestic raw material production left 354 thousand t ...

Turkey takes the high dependence on imports of plastic raw materials supplying the plastics industry. Percentage of total supply The import of raw materials, which received 87 shares, was 1.7 million tons and 2.3 billion dollars in the first quarter of the year. The production of raw materials in this period was 354 thousand tons in the first quarter of last year

Evaluating the results of the first quarter of 2017 of the Turkish plastic industry, PAGEV Chairman Yavuz Eroğlu, "Our plastic industry has performed well in the first quarter. Our production of plastic products amounted to 2.3 million tons, worth 8.8 billion dollars. Here the domestic market has a lot of influence. Direct consumption as well as the positive developments in the automotive, packaging, construction and electronics sectors, have been the dynamics of the domestic growth of the plastics industry. This is our industry we believe that performance will continue throughout the year and we will close with 9.4 million tons of production in 2017. As representatives of the plastics sector, the contribution we provide to my country We are pleased to increase our value, create more value and create employment. As representatives of plastics industry with entrepreneurial spirit, we are bringing more employment, added value and investment to my country. "

Source : Pagev