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PAGEV: Turkey’s plastic packaging production up 3.2% in 2015

by ChemOrbis Editorial Team - content@chemorbis.com
  • 21/03/2016 (15:42)
According to data released by the Turkish Plastics Industry Foundation (PAGEV), Turkey’s plastics packaging production rose 3.2% to reach 3.4 million tons in 2015. However, the value of this production fell 9.7% to $11.6 billion due to higher feedstock costs, weak price competition between East European and Far East Asian countries and fluctuations in the euro/dollar parity, according to PAGEV.

PAGEV also reported that plastic packaging consumption per capita was 39 kg, representing an average value of $141. Domestic consumption rose 0.8% on the year to 3.42 million tons in 2015; however the value of this consumption fell 10.3% year over year to $11.12 billion last year.

Plastics packaging exports, meanwhile, rose 12.3% to 811,000 tons in 2015 while value of these exports declined 5.4% to $2.23 billion in 2015. The sector’s main export destinations were Germany, the UK, Iraq, France and Italy.
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