Carbonates; Strontium Carbonate Price in Turkey - 2023
Contents:
- Carbonates; Strontium Carbonate Price in Turkey (CIF) - 2022
- Carbonates; Strontium Carbonate Price in Turkey (FOB) - 2022
- Carbonates; Strontium Carbonate Imports in Turkey
- Carbonates; Strontium Carbonate Exports in Turkey
Carbonates; Strontium Carbonate Price in Turkey (CIF) - 2022
The average carbonates; strontium carbonate import price stood at $1,668 per ton in 2022, growing by 53% against the previous year. Over the period under review, the import price, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 145%. As a result, import price reached the peak level of $2,461 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,893 per ton), while the price for Germany totaled $1,424 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Strontium Carbonate Price in Turkey (FOB) - 2022
In 2020, the average carbonates; strontium carbonate export price amounted to $1,945 per ton, rising by 62% against the previous year. Over the period under review, the export price showed a significant expansion. The growth pace was the most rapid in 2019 an increase of 62% against the previous year. The export price peaked in 2020 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2015 to 2020, the rate of growth in terms of prices for Myanmar amounted to 0.0% per year.
Carbonates; Strontium Carbonate Imports in Turkey
In 2022, imports of carbonates; strontium carbonates into Turkey surged to 589 tons, growing by 66% against the year before. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 66%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, carbonates; strontium carbonate imports skyrocketed to $982K in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Carbonates; Strontium Carbonate in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 128 | 241 | 280 | 699 | 76.1% |
China | 89.3 | 70.8 | 19.0 | 278 | 46.0% |
Spain | 6.7 | 19.2 | 40.2 | N/A | 144.9% |
Iran | N/A | 15.8 | N/A | N/A | 0% |
Others | 10.4 | 7.1 | 47.8 | 5.3 | -20.1% |
Total | 234 | 354 | 387 | 982 | 61.3% |
Top Suppliers of Carbonates; Strontium Carbonate to Turkey in 2022:
- Germany (491.1 tons)
- China (96.0 tons)
Carbonates; Strontium Carbonate Exports in Turkey
Carbonates; strontium carbonate exports from Turkey skyrocketed to 4.4 tons in 2020, growing by 53% against the year before. Over the period under review, total exports indicated significant growth from 2019 to 2020: its volume increased at an average annual rate of +53.4% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; strontium carbonate exports soared to $8.6K in 2020. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Carbonates; Strontium Carbonate in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Georgia | N/A | 8.6 | 0% | ||
Pakistan | 3.5 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 3.5 | 8.6 | 145.7% |
Top Export Markets for Carbonates; Strontium Carbonate from Turkey in 2022:
- Georgia (4.4 tons)
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Exports of Carbonate witnessed a significant decrease to $108M in July 2023 in terms of value.
Sodium Carbonate saw a rapid growth rate of 39% month-over-month in February 2023, leading to a significant increase in exports to $91M in December 2023.
In July 2022, the sodium carbonate price per ton stood at $308.4 (FOB, Turkey), picking up by 3.7% against the previous month.
In Jan. 2023, the FOBTurkey baking soda price dropped 6.4% to $370/ton compared to the previous month.
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