Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey - 2024
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey (CIF) - 2022
The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,599 per ton in 2022, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 33% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,330 per ton), while the price for China ($1,170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey (FOB) - 2022
The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $2,643 per ton in 2022, increasing by 8.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 135%. As a result, the export price reached the peak level of $3,503 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($3,253 per ton), while the average price for exports to Tunisia ($1,543 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 Egypt (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey
In 2022, purchases abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses was finally on the rise to reach 2.5K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses soared to $3.9M in 2022. Overall, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,191 | 1,015 | 1,312 | 1,961 | 18.1% |
| China | 720 | 838 | 690 | 1,597 | 30.4% |
| India | 282 | 93.6 | 240 | 224 | -7.4% |
| Germany | 38.0 | 46.4 | 38.3 | 67.3 | 21.0% |
| Others | 66.4 | 35.7 | 38.8 | 71.8 | 2.6% |
| Total | 2,298 | 2,029 | 2,320 | 3,921 | 19.5% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Turkey in 2022:
- China (1365.1 tons)
- Spain (841.6 tons)
- India (181.9 tons)
- Germany (45.5 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey
In 2022, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses from Turkey stood at 161 tons, increasing by 7.5% on 2021 figures. Overall, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 231% against the previous year.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $425K in 2022. Over the period under review, exports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 191%.
| Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 182 | 97.4 | 258 | 306 | 18.9% |
| Turkmenistan | N/A | 0.5 | 3.5 | 26.2 | 623.9% |
| Tunisia | 3.2 | 6.3 | 7.7 | 25.5 | 99.7% |
| Azerbaijan | 14.7 | 1.7 | 13.4 | 22.8 | 15.8% |
| Uzbekistan | 3.4 | 0.7 | 2.4 | 16.9 | 70.7% |
| Iran | 412 | 12.7 | 36.2 | 8.5 | -72.6% |
| Egypt | 0.3 | N/A | N/A | 7.9 | 197.5% |
| Italy | N/A | N/A | 39.0 | N/A | 0% |
| Others | 3.2 | 6.1 | 4.9 | 11.6 | 53.6% |
| Total | 619 | 125 | 365 | 425 | -11.8% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Turkey in 2022:
- Bangladesh (94.0 tons)
- Tunisia (16.5 tons)
- Azerbaijan (14.6 tons)
- Turkmenistan (10.6 tons)
- Uzbekistan (9.9 tons)
- Iran (5.5 tons)
- Egypt (4.5 tons)
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