PLASFEDDERGİ S|24

PLASFED DERGİ FROM THE INDUSTRY 2018 Plastics Industry Production Forecast The exchange rate activity experienced throughout 2018, which increased its pace especially in the second half of the year, had an adverse impact on the industries using imported raw materials. The raw material import across the plastics industry has also followed a narrowing trend in recent months. Based on the retrospective analysis for a 12-month period, the industry is expected to narrow by 1.3% in quantity and by 1.7% in value at the end of 2018. In addition, our industry has started to overcome the nar- rowing experienced in the domestic market, concentrating on export. In the first 9 months of 2018, our exports of plastic products increased by 8.4% in quantity and by 10.2% in value. The first 9 months of 2018 witnessed a considerable increase in both export and import compared to the same period of the previ- ous year. The actual rise in exports experienced during thementioned period was 9.9% in quantity and 14.3% in value, on average. In the same period, the rate of imports decreased by 0.1% and the value of imports increased by 3.7%. While the increase in the value of both export and import exceeding that in quantity demonstrates the overall rise in prices, the rise in our export unit prices appear to be higher than that in import unit prices. On the other hand, imports experienced a sharp decline due to the sharp increase in exchange rates and imports of both finished and rawmaterial declined compared to the same period of the previous year. Quantity: Thousand Tons / Value: Million Dollars EXPORT 2017 (January-Sep.) 2018 (January-September) Quantity Value Quantity Change % Value Change % Plastic Raw Materials 547,6 741,1 606,6 10,8 915,7 23,6 Plastic Products 1.199,2 3.167,2 1.300,1 8,4 3.491,4 10,2 Plastic and Rubber Processing Machines N/A 116,3 N/A N/A 148,0 27,2 Rubber 447,5 1.823,6 505,5 13,0 2.132,2 16,9 IMPORT 2017 (January-Sep.) 2018 (January-September) Quantity Value Quantity Change % Value Change % Plastic Raw Materials 5.424,3 7.633,9 5.327,9 -1,8 8.068,9 5,7 Plastic Products 465,2 2.286,6 451,6 -2,9 2.199,9 -3,8 Plastic and Rubber Processing Machines N/A 415,1 N/A N/A 473,3 14,0 Rubber 721,3 2.143,3 824,3 14,3 2.196,4 2,5 TOTAL FOREIGN TRADE 2017 (January-Sep.) 2018 (January-September) Value Value Change % Export 115.046,3 123.043,1 7,0 Import 168.950,9 174.155,4 3,1 4,0000 3,5000 3,0000 2,5000 2,0000 1,5000 1,0000 0,5000 0,0000 FED Interest Rate Projection 2018 2019 2020 Long Term 2018 Oct. Forecast 2017 Sept. Forecast 123