Turkey - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyclic Hydrocarbons Price in Turkey - 2023
Contents:
- Cyclic Hydrocarbons Price in Turkey (CIF) - 2022
- Cyclic Hydrocarbons Price in Turkey (FOB) - 2022
- Cyclic Hydrocarbons Imports in Turkey
- Cyclic Hydrocarbons Exports in Turkey
Cyclic Hydrocarbons Price in Turkey (CIF) - 2022
The average cyclic hydrocarbons import price stood at $1,466 per ton in 2022, rising by 14% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 77%. The import price peaked at $1,627 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,762 per ton), while the price for Israel ($1,167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Cyclic Hydrocarbons Price in Turkey (FOB) - 2022
In 2022, the average cyclic hydrocarbons export price amounted to $1,640 per ton, surging by 21% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclic hydrocarbons export price increased by +114.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 77%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($6,470 per ton), while the average price for exports to Greece ($1,305 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 Spain (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cyclic Hydrocarbons Imports in Turkey
After three years of growth, supplies from abroad of cyclic hydrocarbons decreased by -1.5% to 790K tons in 2022. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year.
In value terms, cyclic hydrocarbons imports rose notably to $1.2B in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 101% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cyclic Hydrocarbons in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 158 | 166 | 226 | 306 | 24.6% |
| Spain | 141 | 112 | 271 | 237 | 18.9% |
| Kuwait | 27.1 | 19.1 | 41.5 | 144 | 74.5% |
| China | 2.9 | 2.2 | 78.3 | 137 | 261.5% |
| Russia | 5.2 | 16.8 | 9.0 | 57.2 | 122.4% |
| Israel | 80.9 | 57.5 | 31.4 | 53.1 | -13.1% |
| Netherlands | 51.5 | 41.9 | 113 | 47.5 | -2.7% |
| United States | 66.9 | 61.9 | 183 | 43.4 | -13.4% |
| Kazakhstan | 33.8 | 8.6 | N/A | N/A | -74.6% |
| Others | 71.9 | 28.0 | 79.2 | 133 | 22.8% |
| Total | 639 | 514 | 1,033 | 1,158 | 21.9% |
Top Suppliers of Cyclic Hydrocarbons to Turkey in 2022:
- Saudi Arabia (193.4K tons)
- Spain (157.4K tons)
- Kuwait (122.4K tons)
- China (77.5K tons)
- Israel (45.5K tons)
- Russia (43.5K tons)
- United States (31.6K tons)
- Netherlands (31.2K tons)
Cyclic Hydrocarbons Exports in Turkey
In 2022, the amount of cyclic hydrocarbons exported from Turkey soared to 36K tons, rising by 94% against 2021. Overall, exports enjoyed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cyclic hydrocarbons exports skyrocketed to $60M in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 159%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cyclic Hydrocarbons in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 16.9 | 0% |
| Denmark | N/A | N/A | N/A | 8.0 | 0% |
| Egypt | 2.4 | 2.5 | 7.5 | 6.9 | 42.2% |
| Belgium | N/A | N/A | 3.9 | 6.2 | 59.0% |
| Switzerland | N/A | N/A | N/A | 5.9 | 0% |
| Iran | 0.1 | N/A | 0.1 | 3.8 | 236.2% |
| Bulgaria | 1.9 | 1.4 | 4.2 | 3.4 | 21.4% |
| Greece | 3.8 | 0.9 | 2.2 | 3.1 | -6.6% |
| Azerbaijan | 1.3 | 0.8 | 1.2 | 0.9 | -11.5% |
| Uzbekistan | 1.4 | 0.1 | 0.8 | 0.6 | -24.6% |
| China | 3.8 | N/A | N/A | N/A | 0% |
| India | 6.1 | 3.2 | N/A | N/A | -47.5% |
| United States | N/A | N/A | 3.3 | N/A | 0% |
| Others | 1.9 | 0.9 | 2.3 | 3.8 | 26.0% |
| Total | 22.7 | 9.8 | 25.4 | 59.6 | 38.0% |
Top Export Markets for Cyclic Hydrocarbons from Turkey in 2022:
- Netherlands (9.1K tons)
- Denmark (4.8K tons)
- Egypt (4.7K tons)
- Switzerland (3.8K tons)
- Belgium (3.5K tons)
- Iran (2.6K tons)
- Greece (2.4K tons)
- Bulgaria (2.2K tons)
- Azerbaijan (0.6K tons)
- Uzbekistan (0.3K tons)
This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141213 - Cyclohexane
- Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
- Prodcom 20141223 - Benzene
- Prodcom 20141225 - Toluene
- Prodcom 20141243 - o-Xylene
- Prodcom 20141245 - p-Xylene
- Prodcom 20141247 - m-Xylene and mixed xylene isomers
- Prodcom 20141250 - Styrene
- Prodcom 20141260 - Ethylbenzene
- Prodcom 20141270 - Cumene
- Prodcom 20141290 - Other cyclic hydrocarbons
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
486
This report provides an in-depth analysis of the cyclic hydrocarbons market in Turkey.
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This report provides an in-depth analysis of the cumene market in Turkey.
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This report provides an in-depth analysis of the market for cyclanes, cyclenes and cycloterpenes in Turkey.
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This report provides an in-depth analysis of the cyclohexane market in Turkey.
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This report provides an in-depth analysis of the ethylbenzene market in Turkey.
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This report provides an in-depth analysis of the m-xylene and xylenes market in Turkey.
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This report provides an in-depth analysis of the o-xylene market in Turkey.
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This report provides an in-depth analysis of the cyclic hydrocarbons market in Turkey.
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This report provides an in-depth analysis of the p-xylene market in Turkey.
112
Styrene imports saw a significant 61% growth in September 2023, but decreased to $49M in value by December 2023.
211
Styrene imports experienced a staggering growth rate of 118% in November 2022 compared to the previous month. In terms of value, imports soared to $68M in September 2023.
309
In January 2023, the toluene price amounted to $1,037 per ton (CIF, Turkey), reducing by -10.6% against the previous month.
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From 2010 to 2020, the average export price for cyclic hydrocarbons dropped nearly twofold, from $1,119 per ton to $615 per ton. That was the lowest level over the past decade.
2833
In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
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In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
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The global trade in cyclic hydrocarbons fluctuated strongly over the period under review. A significant drop in 2009 was followed by a robust recovery over the next four years, until exports decreased again. Exports ended on a decline in 2015, amountin
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In value terms, petroleum oils and crude bituminous minerals oils imports amounted to $X in 2016. Overall, petroleum oils and crude bituminous minerals oils imports continue to indicate a abrupt co...
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In value terms, petroleum oils and not crude bituminous minerals oils imports stood at $X in 2016. In general, petroleum oils and not crude bituminous minerals oils imports continue to indicate a m...
