Period 2007-2018
Overview of the Market for Prepared Additives For Cements in Turkey |
Market Overview
The revenue of the prepared additives for cements market in Turkey amounted to $
in 2018, going up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, prepared additives for cements consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2010 when the market value increased by % y-o-y. Prepared additives for cements consumption peaked in 2018 and is expected to retain its growth in the in years to come.
In value terms, prepared additives for cements production totaled $ in 2018 estimated in export prices. In general, prepared additives for cements production continues to indicate strong growth. The most prominent rate of growth was recorded in 2010 when production volume increased by % against the previous year. Prepared additives for cements production peaked in 2018 and is expected to retain its growth in the near future.
in 2018, going up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, prepared additives for cements consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2010 when the market value increased by % y-o-y. Prepared additives for cements consumption peaked in 2018 and is expected to retain its growth in the in years to come.In value terms, prepared additives for cements production totaled $
in 2018 estimated in export prices. In general, prepared additives for cements production continues to indicate strong growth. The most prominent rate of growth was recorded in 2010 when production volume increased by % against the previous year. Prepared additives for cements production peaked in 2018 and is expected to retain its growth in the near future.Consumption
In 2018, the amount of prepared additives for cements, mortars or concretes consumed in Turkey totaled tonnes, surging by % against the previous year. Over the period under review, prepared additives for cements consumption continues to indicate a strong increase. The growth pace was the most rapid in 2012 with an increase of % y-o-y. Over the period under review, the prepared additives for cements consumption reached its maximum volume in 2018 and is likely to see steady growth in the immediate term.
The revenue of the prepared additives for cements market in Turkey amounted to $ in 2018, going up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, prepared additives for cements consumption continues to indicate strong growth. The pace of growth appeared the most rapid in 2010 with an increase of % y-o-y. Prepared additives for cements consumption peaked in 2018 and is expected to retain its growth in the immediate term.
tonnes, surging by % against the previous year. Over the period under review, prepared additives for cements consumption continues to indicate a strong increase. The growth pace was the most rapid in 2012 with an increase of % y-o-y. Over the period under review, the prepared additives for cements consumption reached its maximum volume in 2018 and is likely to see steady growth in the immediate term.The revenue of the prepared additives for cements market in Turkey amounted to $
in 2018, going up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, prepared additives for cements consumption continues to indicate strong growth. The pace of growth appeared the most rapid in 2010 with an increase of % y-o-y. Prepared additives for cements consumption peaked in 2018 and is expected to retain its growth in the immediate term.Market Forecast
Driven by increasing demand for prepared additives for cements in Turkey, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of % for the period from 2018 to , which is projected to bring the market volume to kg by the end of .
% for the period from 2018 to , which is projected to bring the market volume to kg by the end of .Market Structure
Over the period under review, imports of prepared additives for cements in Turkey were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for prepared additives for cements.
Trade Balance
This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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