Turkey - Paraformaldehyde - Market Analysis, Forecast, Size, Trends And Insights
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View PricingParaformaldehyde Price in Turkey - 2023
Contents:
- Paraformaldehyde Price in Turkey (CIF) - 2022
- Paraformaldehyde Price in Turkey (FOB) - 2022
- Paraformaldehyde Imports in Turkey
- Paraformaldehyde Exports in Turkey
Paraformaldehyde Price in Turkey (CIF) - 2022
The average paraformaldehyde import price stood at $911 per ton in 2022, growing by 5.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38% against the previous year. The import price peaked at $1,024 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($929 per ton) and Germany ($904 per ton), while the price for Indonesia ($867 per ton) and Iran ($897 per ton) were 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.
Paraformaldehyde Price in Turkey (FOB) - 2022
The average paraformaldehyde export price stood at $985 per ton in 2022, dropping by -6.5% against the previous year. Over the period under review, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,099 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkmenistan.
From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +11.8% per year.
Paraformaldehyde Imports in Turkey
In 2022, after three years of growth, there was significant decline in supplies from abroad of paraformaldehyde, when their volume decreased by -46.6% to 1.9K tons. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 142%. As a result, imports reached the peak of 3.5K tons, and then shrank dramatically in the following year.
In value terms, paraformaldehyde imports contracted notably to $1.7M in 2022. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 233% against the previous year. As a result, imports reached the peak of $3M, and then dropped remarkably in the following year.
| Import of Paraformaldehyde in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 483 | 475 | 1,420 | 794 | 18.0% |
| Iran | 130 | 125 | 964 | 539 | 60.7% |
| Germany | 267 | 110 | 526 | 294 | 3.3% |
| Indonesia | 122 | 104 | 27.9 | 75.1 | -14.9% |
| Italy | N/A | 48.1 | 56.8 | N/A | 18.1% |
| Others | 27.7 | 44.4 | 27.5 | N/A | -0.4% |
| Total | 1,030 | 907 | 3,022 | 1,702 | 18.2% |
Top Suppliers of Paraformaldehyde to Turkey in 2022:
- Spain (855.3 tons)
- Iran (601.2 tons)
- Germany (325.0 tons)
- Indonesia (86.6 tons)
Paraformaldehyde Exports in Turkey
In 2022, exports of paraformaldehyde from Turkey rose significantly to 7.2 tons, increasing by 6.1% against the previous year's figure. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 155%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, paraformaldehyde exports contracted slightly to $7.1K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 157%. As a result, the exports reached the peak of $7.1K, leveling off in the following year.
| Export of Paraformaldehyde in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkmenistan | 1.4 | 1.5 | 0.2 | 7.1 | 71.8% |
| Russia | N/A | N/A | 4.4 | N/A | 0% |
| Germany | N/A | N/A | 2.3 | N/A | 0% |
| Serbia | N/A | 0.3 | N/A | N/A | 0% |
| Tanzania | 0.7 | N/A | N/A | N/A | 0% |
| Iraq | 1.0 | 0.9 | N/A | N/A | -10.0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 3.0 | 2.8 | 7.1 | 7.1 | 33.3% |
Top Export Markets for Paraformaldehyde from Turkey in 2022:
- Turkmenistan (7.2 tons)
This report provides an in-depth analysis of the paraformaldehyde 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 20146160 - Paraformaldehyde
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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