Turkey - Melamine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMelamine Price in Turkey - 2023
Contents:
- Melamine Price in Turkey (CIF) - 2023
- Melamine Price in Turkey (FOB) - 2022
- Melamine Imports in Turkey
- Melamine Exports in Turkey
Melamine Price in Turkey (CIF) - 2023
In July 2023, the average melamine import price amounted to $1,089 per ton, declining by -2.8% against the previous month. Overall, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in January 2023 when the average import price increased by 8.4% month-to-month. Over the period under review, average import prices reached the maximum at $1,855 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were the Netherlands ($1,443 per ton) and Qatar ($1,124 per ton), while the price for China ($1,067 per ton) and Russia ($1,121 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Russia (-1.6%), while the prices for the other major suppliers experienced a decline.
Melamine Price in Turkey (FOB) - 2022
The average melamine export price stood at $2,425 per ton in 2022, shrinking by -9.1% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 109% against the previous year. As a result, the export price reached the peak level of $2,668 per ton, and then fell in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($3,500 per ton), while the average price for exports to Poland ($1,661 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 (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.
Melamine Imports in Turkey
In 2022, after three years of growth, there was significant decline in overseas purchases of melamine, when their volume decreased by -27.4% to 73K tons. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51%. As a result, imports reached the peak of 100K tons, and then reduced markedly in the following year.
In value terms, melamine imports expanded markedly to $163M in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 175% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Melamine in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.6 | 29.1 | 110 | 123 | 84.5% |
| Qatar | 8.0 | 6.3 | 24.8 | 29.5 | 54.5% |
| Germany | 9.5 | 7.5 | 6.9 | 4.4 | -22.6% |
| Russia | 0.3 | 1.0 | 0.2 | 4.2 | 141.0% |
| Netherlands | 2.6 | 6.4 | 3.0 | 1.3 | -20.6% |
| Austria | 7.0 | 2.4 | 2.7 | 0.7 | -53.6% |
| Iran | 1.1 | 0.5 | 4.8 | N/A | 108.9% |
| Others | 0.9 | 2.5 | 0.8 | N/A | -5.7% |
| Total | 49.1 | 55.7 | 153 | 163 | 49.2% |
Top Suppliers of Melamine to Turkey in 2022:
- China (51.6K tons)
- Qatar (14.6K tons)
- Russia (4.1K tons)
- Germany (1.9K tons)
- Netherlands (0.3K tons)
- Austria (0.2K tons)
Melamine Exports in Turkey
In 2022, melamine exports from Turkey soared to 5.4K tons, growing by 51% on the previous year's figure. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 276% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, melamine exports skyrocketed to $13M in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 688% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Melamine in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | 1.0 | 4.2 | 320.0% |
| Romania | N/A | N/A | 2.5 | 3.3 | 32.0% |
| Germany | 0.2 | 0.3 | 1.7 | 2.1 | 119.0% |
| Poland | N/A | 0.6 | 1.1 | 1.3 | 47.2% |
| Slovakia | N/A | N/A | N/A | 0.9 | 0% |
| United States | N/A | N/A | N/A | 0.4 | 0% |
| Italy | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Spain | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Russia | N/A | N/A | 2.4 | N/A | 0% |
| Portugal | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.5 | 0.8 | 38.7% |
| Total | 0.6 | 1.2 | 9.6 | 13.2 | 180.2% |
Top Export Markets for Melamine from Turkey in 2022:
- Austria (1682.1 tons)
- Romania (1163.0 tons)
- Poland (778.0 tons)
- Germany (724.0 tons)
- Slovakia (528.0 tons)
- United States (173.0 tons)
- Italy (60.1 tons)
This report provides an in-depth analysis of the melamine 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 20145260 - Melamine
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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In April 2023, the growth of Melamine was the most rapid with a month-on-month increase of 164%. However, the value of melamine imports drastically dropped to $3.5M in November 2023.
