Market Monitor - Chemicals performance - Turkey

市场监测

  • 土耳其
  • 化学/制药

2015年06月01日

There are positive signs for the Turkish chemicals industry. In 2015, the chemicals sector is expected to grow driven by increasing demand and the positive effects of the lower oil prices.

Market performance at a glance 

Turkey

  • The Turkish chemicals sector is expected to grow in 2015, driven by increasing demand. Lower oil prices have a positive effect on industry performance.
  • However, the sector is structurally vulnerable due to its dependency on export markets and foreign exchange volatility.
  • The overall indebtedness of businesses is high in this sector, but banks are generally willing to provide loans to the chemicals industry.
  • The average payment duration in the Turkish chemicals industry is 120 days. The number of payment delays and insolvency cases is low, and no increase is expected in the coming months.
  • Due to the general positive indicators, our underwriting stance for the Turkish chemicals sector is currently relaxed.

 

相关资料

免责声明

Each publication available on or from our websites, such as, but not limited to webpages, reports, articles, publications, tips and helpful content, trading briefs, infographics, videos (each a “Publication”) is provided for information purposes only and is not intended as a recommendation or advice as to particular transactions, investments or strategies in any way to any reader. Readers must make their own independent decisions, commercial or otherwise, regarding the information provided. While we have made every attempt to ensure that the information contained in any Publication has been obtained from reliable sources, Atradius is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in any Publication is provided ’as is’, with no guarantee of completeness, accuracy, timeliness or of the results obtained from its use, and without warranty of any kind, express or implied. In no event will Atradius, its related partnerships or corporations, or the partners, agents or employees thereof, be liable to you or anyone else for any decision made or action taken in reliance on the information in any Publication, or for any loss of opportunity, loss of profit, loss of production, loss of business or indirect losses, special or similar damages of any kind, even if advised of the possibility of such losses or damages.