Turkey - Herbicides - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Turkey - Herbicides - Market Analysis, Forecast, Size, Trends and Insights

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Herbicide Price in Turkey - 2023

Contents:

  1. Herbicide Price in Turkey (CIF) - 2022
  2. Herbicide Price in Turkey (FOB) - 2023
  3. Herbicide Imports in Turkey
  4. Herbicide Exports in Turkey

Herbicide Price in Turkey (CIF) - 2022

In 2022, the average herbicide import price amounted to $9,169 per ton, growing by 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2015 an increase of 21%. Over the period under review, average import prices reached the maximum at $10,703 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($23,143 per ton), while the price for Belgium ($4,327 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Herbicide Price in Turkey (FOB) - 2023

In July 2023, the average herbicide export price amounted to $3,720 per ton, reducing by -37% against the previous month. Over the period under review, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 34% against the previous month. The export price peaked at $9,792 per ton in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($6,879 per ton), while the average price for exports to Russia ($1,747 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 Kazakhstan (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.

Herbicide Imports in Turkey

In 2022, purchases abroad of herbicides decreased by -34.8% to 13K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 11%. As a result, imports attained the peak of 22K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, herbicide imports fell remarkably to $122M in 2022. In general, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 9.2%. As a result, imports attained the peak of $205M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Herbicide in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France31.627.526.832.91.4%
Germany23.321.318.321.4-2.8%
Israel9.914.47.314.313.0%
India5.44.65.611.127.1%
Belgium1.44.96.59.488.7%
Hungary4.07.06.99.332.5%
China2.93.85.34.717.5%
Austria1.43.73.54.446.5%
Others10811710314.7-48.6%
Total187205183122-13.3%

Top Suppliers of Herbicide to Turkey in 2022:

  1. France (3.8K tons)
  2. Belgium (2.2K tons)
  3. India (1.9K tons)
  4. Israel (1.3K tons)
  5. Germany (1.1K tons)
  6. Hungary (1.0K tons)
  7. Austria (0.7K tons)
  8. China (0.5K tons)

Herbicide Exports in Turkey

In 2022, the amount of herbicides exported from Turkey dropped notably to 5.4K tons, waning by -34.6% on 2021. Over the period under review, exports recorded a dramatic slump. The smallest decline of -13.1% was in 2020.

In value terms, herbicide exports shrank markedly to $39M in 2022. Overall, exports showed a dramatic shrinkage. The smallest decline of -14.2% was in 2021.

Export of Herbicide in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan6.37.46.47.87.4%
Turkmenistan15.32.82.95.6-28.5%
Sudan2.32.72.54.827.8%
Syrian Arab RepublicN/AN/AN/A2.90%
AlgeriaN/A0.10.42.8429.2%
Kazakhstan0.91.51.92.030.5%
Iran3.51.62.81.9-18.4%
Georgia0.81.31.31.728.6%
Uzbekistan7.35.30.71.4-42.3%
UkraineN/AN/A0.10.9800.0%
Cyprus0.60.80.70.810.1%
Egypt0.40.60.80.614.5%
Israel0.20.20.90.535.7%
Others46.941.034.75.5-51.1%
Total84.565.255.939.2-22.6%

Top Export Markets for Herbicide from Turkey in 2022:

  1. Turkmenistan (915.6 tons)
  2. Azerbaijan (817.6 tons)
  3. Sudan (715.9 tons)
  4. Syrian Arab Republic (638.3 tons)
  5. Algeria (451.4 tons)
  6. Kazakhstan (299.3 tons)
  7. Ukraine (236.6 tons)
  8. Georgia (230.6 tons)
  9. Uzbekistan (117.7 tons)
  10. Egypt (114.5 tons)
  11. Cyprus (110.4 tons)
  12. Iran (106.7 tons)
  13. Israel (103.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the herbicide 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 20201220 - Herbicides based on phenoxy-phytohormone products, put up in forms or packings for retail sale or as preparations or articles
  • Prodcom 20201230 - Herbicides based on triazines, put up in forms or packings for retail sale or as preparations or articles
  • Prodcom 20201240 - Herbicides based on amides, put up in forms or packings for retail sale or as preparations or articles
  • Prodcom 20201250 - Herbicides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
  • Prodcom 20201260 - Herbicides based on dinitroanilines derivatives, put up in forms or packings for retail sale or as preparations or articles
  • Prodcom 20201270 - Herbicides based on urea, uracil and sulphonylurea, put up in forms or packings for retail sale or as preparations or articles
  • Prodcom 20201290 - Herbicides p.r.s. or as preparations/articles excluding based on phenoxy-phytohormones, triazines, amides, carbamates, d initroanaline derivatives, urea, uracil, sulphonylurea
  • Prodcom 20201350 - Anti-sprouting products put up in forms or packings for retail sale or as preparations or articles
  • Prodcom 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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