Turkey - Carbonates And Peroxocarbonates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarbonate Price in Turkey - 2023
Contents:
- Carbonate Price in Turkey (FOB) - 2023
- Carbonate Price in Turkey (CIF) - 2023
- Carbonate Exports in Turkey
- Carbonate Imports in Turkey
Carbonate Price in Turkey (FOB) - 2023
In July 2023, the average carbonate export price amounted to $246 per ton, waning by -39.5% against the previous month. In general, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in June 2023 an increase of 28% month-to-month. As a result, the export price attained the peak level of $406 per ton, and then reduced dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($301 per ton), while the average price for exports to Russia ($97.0 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonate Price in Turkey (CIF) - 2023
In July 2023, the average carbonate import price amounted to $432 per ton, dropping by -9.3% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 29% m-o-m. Over the period under review, average import prices hit record highs at $523 per ton in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was South Korea ($1,668 per ton), while the price for Russia ($217 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonate Exports in Turkey
In 2022, the amount of carbonates and peroxocarbonates exported from Turkey shrank slightly to 5.5M tons, approximately mirroring 2021 figures. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, the exports attained the peak of 5.5M tons, leveling off in the following year.
In value terms, carbonate exports skyrocketed to $1.6B in 2022. In general, exports, however, enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbonate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 58.5 | 53.7 | 63.6 | 213 | 53.8% |
| Spain | 84.7 | 81.5 | 84.7 | 194 | 31.8% |
| Egypt | 69.7 | 61.2 | 63.0 | 141 | 26.5% |
| Italy | 78.0 | 76.9 | 78.8 | 129 | 18.3% |
| Netherlands | 45.6 | 27.1 | 43.3 | 105 | 32.1% |
| United Kingdom | 55.7 | 43.7 | 52.4 | 104 | 23.1% |
| Portugal | 34.3 | 38.3 | 31.3 | 84.9 | 35.3% |
| Belgium | 40.8 | 40.3 | 43.5 | 64.5 | 16.5% |
| France | 29.3 | 25.5 | 26.6 | 55.7 | 23.9% |
| Thailand | 29.2 | 20.2 | 26.9 | 51.3 | 20.7% |
| India | 45.8 | 15.1 | 17.9 | 36.8 | -7.0% |
| Ukraine | 24.3 | 23.0 | 29.4 | 30.4 | 7.8% |
| Russia | 8.7 | 13.8 | 20.2 | 17.9 | 27.2% |
| Others | 295 | 289 | 290 | 391 | 9.8% |
| Total | 899 | 809 | 872 | 1,618 | 21.6% |
Top Export Markets for Carbonate from Turkey in 2022:
- Spain (711.9K tons)
- Brazil (642.3K tons)
- Italy (473.3K tons)
- Egypt (399.8K tons)
- Netherlands (365.7K tons)
- United Kingdom (348.4K tons)
- Portugal (321.4K tons)
- Belgium (215.3K tons)
- France (192.3K tons)
- Thailand (165.1K tons)
- Russia (133.6K tons)
- India (132.0K tons)
- Ukraine (95.7K tons)
Carbonate Imports in Turkey
In 2022, after two years of decline, there was growth in supplies from abroad of carbonates and peroxocarbonates, when their volume increased by 4.7% to 259K tons. In general, imports, however, continue to indicate a noticeable downturn.
In value terms, carbonate imports reached $115M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Carbonate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 42.9 | 35.3 | 36.3 | 30.0 | -11.2% |
| South Korea | 5.0 | 6.3 | 8.7 | 17.2 | 51.0% |
| China | 6.1 | 6.9 | 11.0 | 11.7 | 24.2% |
| Russia | 4.0 | 4.3 | 4.2 | 11.0 | 40.1% |
| Germany | 10.0 | 6.8 | 9.7 | 10.7 | 2.3% |
| Belgium | 3.8 | 5.0 | 6.0 | 5.7 | 14.5% |
| France | 1.8 | 2.2 | 2.7 | 4.7 | 37.7% |
| Bosnia and Herzegovina | 2.3 | 2.2 | 1.3 | N/A | -24.8% |
| Others | 14.9 | 13.1 | 24.8 | 23.5 | 16.4% |
| Total | 90.8 | 82.1 | 105 | 115 | 8.2% |
Top Suppliers of Carbonate to Turkey in 2022:
- Bosnia and Herzegovina (undefinedK tons)
- Bulgaria (165.0K tons)
- Russia (23.4K tons)
- Belgium (12.0K tons)
- Germany (12.0K tons)
- South Korea (11.7K tons)
- China (10.0K tons)
- France (4.9K tons)
This report provides an in-depth analysis of the carbonate 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 20134310 - Disodium carbonate
- Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
- Prodcom 20134340 - Calcium carbonate
- Prodcom 20134390 - Other carbonates
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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