Turkey - Insecticides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsecticide Price in Turkey - 2023
Contents:
- Insecticide Price in Turkey (CIF) - 2023
- Insecticide Price in Turkey (FOB) - 2022
- Insecticide Imports in Turkey
- Insecticide Exports in Turkey
Insecticide Price in Turkey (CIF) - 2023
The average insecticide import price stood at $16,322 per ton in July 2023, dropping by -21.2% against the previous month. Overall, import price indicated a slight increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, insecticide import price decreased by -13.9% against March 2023 indices. The growth pace was the most rapid in August 2022 when the average import price increased by 123% month-to-month. As a result, import price attained the peak level of $28,971 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($43,955 per ton), while the price for the Netherlands ($4,856 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 Spain (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Insecticide Price in Turkey (FOB) - 2022
The average insecticide export price stood at $4,606 per ton in 2022, surging by 11% against the previous year. Overall, the export price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2017 an increase of 14%. The export price peaked at $5,115 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($9,113 per ton), while the average price for exports to Bulgaria ($1,989 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 Azerbaijan (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Insecticide Imports in Turkey
In 2022, approx. 7.9K tons of insecticides were imported into Turkey; waning by -43.8% on the year before. Overall, imports saw a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 0.4% against the previous year.
In value terms, insecticide imports contracted significantly to $148M in 2022. In general, imports recorded a precipitous curtailment. The smallest decline of -1.7% was in 2020.
| Import of Insecticide in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.8 | 30.6 | 32.8 | 34.5 | 22.4% |
| Germany | 15.8 | 18.2 | 18.8 | 20.4 | 8.9% |
| China | 20.9 | 27.5 | 23.3 | 20.3 | -1.0% |
| United States | 10.5 | 12.2 | 8.4 | 19.4 | 22.7% |
| Italy | 8.8 | 4.9 | 7.2 | 7.8 | -3.9% |
| Denmark | 1.8 | 3.6 | 1.9 | 7.6 | 61.6% |
| India | 5.6 | 7.9 | 5.5 | 7.0 | 7.7% |
| Hungary | 0.8 | 0.6 | 1.0 | 6.4 | 100.0% |
| Israel | 7.2 | 7.8 | 4.1 | 6.0 | -5.9% |
| Japan | 8.0 | 2.9 | 4.8 | 5.8 | -10.2% |
| Spain | 2.6 | 3.0 | 3.1 | 5.1 | 25.2% |
| Belgium | 7.2 | 5.2 | 2.7 | 2.1 | -33.7% |
| Bulgaria | 0.7 | 1.4 | 1.0 | 1.3 | 22.9% |
| Others | 181 | 159 | 126 | 4.1 | -71.7% |
| Total | 289 | 284 | 241 | 148 | -20.0% |
Top Suppliers of Insecticide to Turkey in 2022:
- France (1473.5 tons)
- India (974.6 tons)
- United States (966.3 tons)
- Denmark (931.9 tons)
- Germany (813.6 tons)
- China (801.9 tons)
- Israel (336.1 tons)
- Spain (296.3 tons)
- Italy (296.0 tons)
- Hungary (226.6 tons)
- Japan (125.7 tons)
- Belgium (124.1 tons)
- Bulgaria (123.9 tons)
Insecticide Exports in Turkey
After three years of growth, overseas shipments of insecticides decreased by -51.4% to 17K tons in 2022. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year.
In value terms, insecticide exports fell rapidly to $76M in 2022. Over the period under review, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. As a result, the exports reached the peak of $141M, and then shrank rapidly in the following year.
| Export of Insecticide in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 11.1 | 11.0 | 13.2 | 14.8 | 10.1% |
| Romania | 4.7 | 6.5 | 5.1 | 5.3 | 4.1% |
| Georgia | 2.4 | 1.9 | 1.8 | 3.5 | 13.4% |
| Turkmenistan | 2.2 | 1.9 | 1.4 | 3.3 | 14.5% |
| Uzbekistan | 6.5 | 7.1 | 4.2 | 2.5 | -27.3% |
| Syrian Arab Republic | N/A | N/A | N/A | 2.5 | 0% |
| Ghana | N/A | 0.1 | 1.0 | 1.9 | 335.9% |
| Iraq | 1.4 | 1.7 | 1.4 | 1.8 | 8.7% |
| United Kingdom | 1.3 | 1.5 | 1.9 | 1.8 | 11.5% |
| Serbia | 1.4 | 1.3 | 1.6 | 1.6 | 4.6% |
| Angola | 0.7 | 0.7 | 1.4 | 1.2 | 19.7% |
| Bulgaria | 2.1 | 1.6 | 2.0 | 1.2 | -17.0% |
| United States | 0.3 | 0.3 | 0.6 | 1.1 | 54.2% |
| Others | 92.5 | 88.7 | 105 | 33.9 | -28.4% |
| Total | 127 | 124 | 141 | 76.3 | -15.6% |
Top Export Markets for Insecticide from Turkey in 2022:
- Romania (2.3K tons)
- Azerbaijan (1.6K tons)
- United Kingdom (0.8K tons)
- Uzbekistan (0.7K tons)
- Ghana (0.6K tons)
- Iraq (0.6K tons)
- Bulgaria (0.6K tons)
- Georgia (0.5K tons)
- Angola (0.5K tons)
- United States (0.4K tons)
- Turkmenistan (0.4K tons)
- Serbia (0.4K tons)
- Syrian Arab Republic (0.4K tons)
This report provides an in-depth analysis of the insecticide 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 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201190 - Other insecticides
- Prodcom 20201100 -
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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