Chlorides; of Aluminium Price in Turkey - 2023

Contents:

  1. Chlorides; of Aluminium Price in Turkey (FOB) - 2022
  2. Chlorides; of Aluminium Price in Turkey (CIF) - 2022
  3. Chlorides; of Aluminium Exports in Turkey
  4. Chlorides; of Aluminium Imports in Turkey

Chlorides; of Aluminium Price in Turkey (FOB) - 2022

The average chlorides; of aluminium export price stood at $527 per ton in 2022, growing by 22% against the previous year. Over the period under review, the export price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2018 an increase of 29% against the previous year. Over the period under review, the average export prices reached the maximum at $735 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($611 per ton), while the average price for exports to Egypt ($366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides; of Aluminium Price in Turkey (CIF) - 2022

The average chlorides; of aluminium import price stood at $1,085 per ton in 2022, growing by 47% against the previous year. Over the period under review, the import price continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 87%. The import price peaked at $1,749 per ton in 2014; however, from 2015 to 2022, 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 Germany ($3,879 per ton), while the price for China ($654 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+98.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Exports in Turkey

In 2022, the amount of chlorides; of aluminia exported from Turkey soared to 14K tons, with an increase of 200% on the year before. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of aluminium exports surged to $7.5M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chlorides; of Aluminium in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel32.81098382,526325.5%
Iraq1471393251,308107.2%
Bulgaria17943143193473.4%
Sudan2,129N/AN/A843-26.6%
Egypt15211919044442.9%
LibyaN/AN/A0.3374124566.7%
Georgia69.815677.931966.0%
Romania77.667.663.039.1-20.4%
Others19680.612471854.2%
Total2,9831,1022,0497,50436.0%

Top Export Markets for Chlorides; of Aluminium from Turkey in 2022:

  1. Israel (4.5K tons)
  2. Bulgaria (2.5K tons)
  3. Iraq (2.2K tons)
  4. Sudan (1.4K tons)
  5. Egypt (1.2K tons)
  6. Libya (0.6K tons)
  7. Georgia (0.5K tons)
  8. Romania (0.1K tons)

Chlorides; of Aluminium Imports in Turkey

In 2022, imports of chlorides; of aluminia into Turkey surged to 766 tons, increasing by 104% compared with the previous year. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 540%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, chlorides; of aluminium imports skyrocketed to $831K in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Aluminium in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.630.4196431114.6%
Germany35.024.97.613757.6%
IranN/AN/A34.155.763.3%
Others57.246.937.720753.5%
Total13610227683182.8%

Top Suppliers of Chlorides; of Aluminium to Turkey in 2022:

  1. China (659.1 tons)
  2. Iran (50.0 tons)
  3. Germany (35.3 tons)

Source: IndexBox Market Intelligence Platform

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