NEWS

Istanbul Chemicals and Chemical Products Exporters’ Association

The cosmetics industry, one of the most important sub-sectors of chemical industry, has been showing steady growth - with current export figures being the best indicator of this development. Increasing its turnover by approximately 10 per cent year on year, the Turkish cosmetics sector is now a 3 billion dollar market.

In 2013, the export value was 1 billion 171 million dollars mainly to Iraq, Russia and Iran as well as Germany, Azerbaijan, Nakhichevan, Ukraine, the United Kingdom, Libya, United Arab Emirates and Poland.

Although the cosmetics sectoral export seems to be mainly to the Middle East and the Northern Africa, Europe is also one of the markets we put emphasis on, especially with the recent economic recovery in the EU, reflecting positivly on export.