Turkey - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRare Gases Price in Turkey - 2023
Contents:
- Rare Gases Price in Turkey (CIF) - 2023
- Rare Gases Price in Turkey (FOB) - 2022
- Rare Gases Imports in Turkey
- Rare Gases Exports in Turkey
Rare Gases Price in Turkey (CIF) - 2023
The average rare gases import price stood at $90.9 per cubic meter in July 2023, picking up by 47% against the previous month. In general, import price indicated prominent growth from July 2022 to July 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, rare gases import price increased by +47.4% against June 2023 indices. The growth pace was the most rapid in October 2022 an increase of 53% month-to-month. The import price peaked in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Algeria ($132 per cubic meter), while the price for Germany ($52.0 per cubic meter) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Algeria (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Rare Gases Price in Turkey (FOB) - 2022
The average rare gases export price stood at $7.8 per cubic meter in 2022, with a decrease of -57.4% against the previous year. Over the period under review, the export price showed a mild decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 142% against the previous year. Over the period under review, the average export prices attained the peak figure at $18 per cubic meter in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($11 per cubic meter), while the average price for exports to Ukraine ($5.7 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-1.9%), while the prices for the other major destinations experienced a decline.
Rare Gases Imports in Turkey
In 2022, rare gases imports into Turkey soared to 400K cubic meters, growing by 39% on the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. As a result, imports attained the peak of 541K cubic meters. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, rare gases imports soared to $21M in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 94%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Rare Gases in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 1.7 | N/A | 6.5 | 95.5% |
| Qatar | 0.3 | 2.6 | 4.4 | 5.2 | 158.8% |
| Germany | 5.1 | 6.4 | 4.5 | 5.0 | -0.7% |
| Algeria | 1.1 | 0.4 | 0.9 | 1.9 | 20.0% |
| Poland | 2.7 | 3.7 | 0.6 | 1.2 | -23.7% |
| United States | 0.1 | 3.5 | 0.8 | 0.5 | 71.0% |
| Others | 0.4 | 0.6 | 0.7 | 0.4 | 0.0% |
| Total | 9.7 | 18.9 | 12.0 | 20.6 | 28.5% |
Top Suppliers of Rare Gases to Turkey in 2022:
- Germany (120.2K cubic meters)
- Qatar (108.9K cubic meters)
- Russia (108.2K cubic meters)
- Algeria (23.7K cubic meters)
- Poland (21.6K cubic meters)
- United States (10.4K cubic meters)
Rare Gases Exports in Turkey
In 2022, the amount of rare gases (excluding argon) exported from Turkey soared to 1.7M cubic meters, growing by 1,123% on 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, rare gases exports skyrocketed to $14M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Rare Gases in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 8.7 | 0% |
| Iraq | 0.4 | 0.4 | 0.8 | 0.8 | 26.0% |
| Georgia | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Mozambique | N/A | N/A | N/A | N/A | 0% |
| Others | 1.5 | 1.3 | 1.7 | 3.6 | 33.9% |
| Total | 2.1 | 1.8 | 2.6 | 13.6 | 86.4% |
Top Export Markets for Rare Gases from Turkey in 2022:
- Ukraine (1537.2K cubic meters)
- Iraq (69.5K cubic meters)
- Georgia (44.9K cubic meters)
This report provides an in-depth analysis of the rare gases market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111130 - Rare gases (excluding argon)
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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