Report Update: Apr 1, 2024

Turkey - Oxygen-Function Amino-Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Oxygen-Function Amino-Compound Price in Turkey - 2023

Oxygen-Function Amino-Compound Price in Turkey (CIF) - 2022

The average oxygen-function amino-compound import price stood at $5,418 per ton in 2022, growing by 4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18%. Over the period under review, average import prices hit record highs at $6,316 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 India ($29,779 per ton), while the price for Russia ($909 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Oxygen-Function Amino-Compound Price in Turkey (FOB) - 2022

In 2022, the average oxygen-function amino-compound export price amounted to $3,124 per ton, rising by 22% against the previous year. Over the period under review, the export price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 96% against the previous year. As a result, the export price attained the peak level of $6,736 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($6,134 per ton), while the average price for exports to South Korea ($1,568 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 Russia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports in Turkey

In 2022, purchases abroad of oxygen-function amino-compounds decreased by -0.5% to 36K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, imports attained the peak of 36K tons, leveling off in the following year.

In value terms, oxygen-function amino-compound imports rose to $193M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Oxygen-Function Amino-Compound in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	48.5	62.7	69.4	82.3	19.3%
India	31.8	29.4	41.0	37.6	5.7%
Germany	8.9	10.6	12.1	14.0	16.3%
Sweden	4.6	3.2	3.0	6.7	13.4%
Saudi Arabia	2.9	2.7	3.2	4.2	13.1%
Iran	0.5	0.2	3.1	3.9	98.3%
Russia	0.2	N/A	0.5	1.3	86.6%
Others	68.2	52.2	53.8	42.7	-14.5%
Total	166	161	186	193	5.2%

Top Suppliers of Oxygen-Function Amino-Compound to Turkey in 2022:

China (17.3K tons)
Germany (4.3K tons)
Saudi Arabia (2.8K tons)
Sweden (2.6K tons)
Iran (2.2K tons)
Russia (1.5K tons)
India (1.3K tons)

Oxygen-Function Amino-Compound Exports in Turkey

For the fourth consecutive year, Turkey recorded growth in overseas shipments of oxygen-function amino-compounds, which increased by 19% to 3.2K tons in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, oxygen-function amino-compound exports surged to $9.9M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oxygen-Function Amino-Compound in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	196	337	83.1	2,358	129.1%
Ukraine	82.2	0.2	1,440	1,059	134.4%
Iran	1,034	1,275	742	934	-3.3%
Iraq	239	501	609	735	45.4%
Kazakhstan	24.8	33.1	4.7	716	206.8%
Azerbaijan	568	787	723	596	1.6%
South Korea	N/A	0.1	63.3	356	5866.6%
Uzbekistan	127	169	244	275	29.4%
Slovakia	N/A	N/A	198	261	31.8%
Tajikistan	182	171	163	260	12.6%
Lebanon	1.6	9.0	7.2	172	375.5%
Netherlands	8.4	8.6	296	143	157.2%
Poland	N/A	0.1	1.8	142	3668.3%
Others	5,151	1,933	2,224	1,863	-28.8%
Total	7,615	5,224	6,799	9,871	9.0%

Top Export Markets for Oxygen-Function Amino-Compound from Turkey in 2022:

Russia (610.3 tons)
Ukraine (565.7 tons)
South Korea (226.9 tons)
Azerbaijan (206.7 tons)
Iraq (187.4 tons)
Iran (152.3 tons)
Kazakhstan (148.3 tons)
Tajikistan (135.0 tons)
Slovakia (118.0 tons)
Lebanon (74.6 tons)
Poland (70.5 tons)
Netherlands (68.6 tons)
Uzbekistan (63.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxygen-function amino-compound 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 20144233 - Monoethanolamine and its salts
Prodcom 20144235 - Diethanolamine and its salts
Prodcom 20144237 - Triethanolamine and its salts
Prodcom 20144239 - Amino-alcohols, their ethers and esters with only one oxygen function and their salts excluding monoethanolamine and its salts, diethanolamine and its salts, triethanolamine and its salts
Prodcom 20144290 - Oxygen-function amino-compounds (excluding aminoalcohols, t heir esters and ethers and salts thereof, lysine and its salts and esters, glutamic acid its salts and esters)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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