Turkey - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPolycarboxylic Acid Price in Turkey - 2023
Contents:
- Polycarboxylic Acid Price in Turkey (CIF) - 2022
- Polycarboxylic Acid Price in Turkey (FOB) - 2023
- Polycarboxylic Acid Imports in Turkey
- Polycarboxylic Acid Exports in Turkey
Polycarboxylic Acid Price in Turkey (CIF) - 2022
In 2022, the average polycarboxylic acid import price amounted to $1,085 per ton, increasing by 2.5% against the previous year. In general, the import price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 70%. The import price peaked at $1,398 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Spain ($1,473 per ton), while the price for Belgium ($978 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.4%), while the prices for the other major suppliers experienced a decline.
Polycarboxylic Acid Price in Turkey (FOB) - 2023
In September 2023, the average polycarboxylic acid export price amounted to $1,436 per ton, remaining relatively unchanged against the previous month. In general, the export price, however, saw a slight contraction. The growth pace was the most rapid in November 2022 when the average export price increased by 4.2% against the previous month. As a result, the export price attained the peak level of $1,783 per ton. From December 2022 to September 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In September 2023, the countries with the highest prices were Russia ($1,582 per ton) and Algeria ($1,559 per ton), while the average price for exports to Iran ($1,323 per ton) and Germany ($1,326 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.3%), while the prices for the other major destinations experienced a decline.
Polycarboxylic Acid Imports in Turkey
Polycarboxylic acid imports into Turkey skyrocketed to 2.1M tons in 2022, growing by 39% against 2021 figures. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, polycarboxylic acid imports skyrocketed to $2.2B in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Polycarboxylic Acid in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 70.5 | 55.8 | 347 | 859 | 130.1% |
South Korea | 328 | 312 | 570 | 753 | 31.9% |
Portugal | 184 | 122 | 203 | 240 | 9.3% |
Belgium | 114 | 134 | 180 | 114 | 0.0% |
Malaysia | 49.9 | 32.8 | 43.2 | 26.4 | -19.1% |
Others | 169 | 168 | 221 | 233 | 11.3% |
Total | 915 | 825 | 1,564 | 2,225 | 34.5% |
Top Suppliers of Polycarboxylic Acid to Turkey in 2022:
- China (766.8K tons)
- South Korea (756.1K tons)
- Portugal (235.2K tons)
- Belgium (116.4K tons)
- Malaysia (18.9K tons)
Polycarboxylic Acid Exports in Turkey
In 2022, exports of polycarboxylic acids from Turkey expanded notably to 123K tons, increasing by 6.6% compared with 2021 figures. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 83%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, polycarboxylic acid exports rose notably to $229M in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 190% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Polycarboxylic Acid in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 9.4 | 8.1 | 36.1 | 34.3 | 54.0% |
United States | 1.3 | 2.2 | 10.6 | 23.5 | 162.4% |
China | 0.6 | N/A | 5.4 | 16.9 | 204.3% |
Spain | 2.6 | 5.0 | 22.5 | 15.9 | 82.9% |
Egypt | 3.4 | 10.8 | 21.7 | 15.2 | 64.7% |
United Kingdom | 8.1 | 7.5 | 18.5 | 11.7 | 13.0% |
Poland | N/A | 1.8 | 9.3 | 9.4 | 128.5% |
Netherlands | 1.8 | 2.6 | 8.1 | 9.1 | 71.6% |
Morocco | N/A | 1.2 | 5.0 | 8.7 | 169.3% |
Russia | 0.2 | 0.3 | 1.2 | 8.6 | 250.3% |
Algeria | 1.8 | 3.2 | 3.9 | 7.7 | 62.3% |
Germany | 1.7 | 2.0 | 6.9 | 6.6 | 57.2% |
France | 1.5 | 1.3 | 7.5 | 6.4 | 62.2% |
Others | 14.6 | 25.5 | 50.2 | 54.8 | 55.4% |
Total | 47.0 | 71.5 | 207 | 229 | 69.5% |
Top Export Markets for Polycarboxylic Acid from Turkey in 2022:
- Italy (17.9K tons)
- China (14.2K tons)
- United States (11.6K tons)
- Spain (7.9K tons)
- Egypt (7.5K tons)
- United Kingdom (5.8K tons)
- Poland (5.1K tons)
- Netherlands (4.9K tons)
- Morocco (4.6K tons)
- Algeria (3.9K tons)
- Germany (3.6K tons)
- Russia (3.5K tons)
- France (3.4K tons)
This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
- Prodcom 20143385 - Adipic acid, its salts and esters
- Prodcom 20143387 - Maleic anhydride
- Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
- Prodcom 20143420 - Other esters of orthophthalic acid
- Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
- Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the polycarboxylic acid market in Turkey.
This report provides an in-depth analysis of the market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts in Turkey.
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Turkey.
This report provides an in-depth analysis of the maleic anhydride market in Turkey.
This report provides an in-depth analysis of the orthophthalic acid esters market in Turkey.
This report provides an in-depth analysis of the market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Turkey.
This report provides an in-depth analysis of the adipic acid market in Turkey.
This report provides an in-depth analysis of the global polycarboxylic acid market.
This report provides an in-depth analysis of the global market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts.
This report provides an in-depth analysis of the global market for phthalic anhydride and terephthalic acid.
In September 2022, the polycarboxylic acid price amounted to $1,177 per ton (CIF, Turkey), picking up by 3.5% against the previous month.
Turkey featured a record growth of polycarboxylic acid imports over the past decade. From 2010 to 2020, imports surged fourfold in physical terms and twofold in value terms. In 2020, the supplies to Turkey rose by +41% y-o-y to 1.4M tons. South Korea remains the largest supplier of polycarboxylic acids, accounting for 41% of Turkey’s imports. The average polycarboxylic acid import price fell by -36% y-o-y to $599 per ton in 2020.
In August 2022, the import growth of Maleic Anhydride was incredibly rapid, with a 140% increase compared to the previous month. However, in July 2023, the value of Maleic Anhydride imports significantly decreased to $4M.
Explore the top import markets for Polycarboxylic Acid in 2023, including Turkey, India, the United States, and more. Learn about the key statistics and trends driving the global demand for this essential chemical compound.
The global polycarboxylic acid market revenue amounted to $42.8B in 2018, rising by 3.5% against the previous year....
Global polycarboxylic acid imports totaled X tons in 2016, descending by -X% against the previous year level. In general, polycarboxylic acid imports continue to indicate a pronounced curtailmen...
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid and their key statistics. Discover the countries with the highest import values for these chemical compounds. Learn how Turkey, India, and Vietnam dominate the market.
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid, including Turkey, India, Vietnam, and more. Discover key statistics and market values.
In September 2022, the polycarboxylic acid price amounted to $1,177 per ton (CIF, Turkey), picking up by 3.5% against the previous month.
Turkey featured a record growth of polycarboxylic acid imports over the past decade. From 2010 to 2020, imports surged fourfold in physical terms and twofold in value terms. In 2020, the supplies to Turkey rose by +41% y-o-y to 1.4M tons. South Korea remains the largest supplier of polycarboxylic acids, accounting for 41% of Turkey’s imports. The average polycarboxylic acid import price fell by -36% y-o-y to $599 per ton in 2020.