Turkey’s production of plastic construction materials increase in 2016
by ChemOrbis Editorial Team - content@chemorbis.com
According to the data released by the Turkish Plastics Industry Foundation (PAGEV), Turkey’s production of plastics for construction increased by 3.8% in quantity to 1.9 million tons/year and by 8.1% in value to $7.8 billion on a yearly basis.
Although the country’s exports of plastic construction materials decreased by 16% in quantity to 585.000 tons/year and by 19% in value to $1.4 billion in 2016 when compared to the previous year, Turkey is still a net exporter of plastic construction materials to more than 150 countries, top five of which are Iraq, Georgia, Algeria, Germany and Romania.
The data showed that the decrease in exports was balanced by an increase in domestic consumption. The domestic consumption of plastic construction materials was up by 12% in quantity to 1.37 million tons/year and by 14% in value to $7.1 billion in 2016 year-on-year.
The production of plastic construction materials is expected to increase at a similar pace in 2017 as well.
Although the country’s exports of plastic construction materials decreased by 16% in quantity to 585.000 tons/year and by 19% in value to $1.4 billion in 2016 when compared to the previous year, Turkey is still a net exporter of plastic construction materials to more than 150 countries, top five of which are Iraq, Georgia, Algeria, Germany and Romania.
The data showed that the decrease in exports was balanced by an increase in domestic consumption. The domestic consumption of plastic construction materials was up by 12% in quantity to 1.37 million tons/year and by 14% in value to $7.1 billion in 2016 year-on-year.
The production of plastic construction materials is expected to increase at a similar pace in 2017 as well.
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