Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey - 2023

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey (CIF) - 2022
  2. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey
  4. Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey (CIF) - 2022

The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $165,223 per ton in 2022, surging by 34% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves increased by +64.5% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 63% against the previous year. Over the period under review, average import prices attained the peak figure 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 Germany ($233,723 per ton), while the price for Madagascar ($133,485 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey (FOB) - 2022

The average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $72,725 per ton in 2022, increasing by 73% against the previous year. In general, the export price enjoyed a significant increase. The growth pace was the most rapid in 2014 when the average export price increased by 6,521% against the previous year. As a result, the export price attained the peak level of $154,500 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($69,520 per ton), while the average price for exports to Slovenia totaled $69,234 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey

In 2022, overseas purchases of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -67.4% to 470 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 210%. As a result, imports attained the peak of 1.4 tons, and then dropped rapidly in the following year.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves dropped sharply to $78K in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 205% against the previous year. As a result, imports reached the peak of $178K, and then fell sharply in the following year.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.713.640.128.782.8%
MadagascarN/AN/AN/A26.70%
Germany0.11.213.111.0379.1%
Indonesia7.718.341.07.1-2.7%
Democratic Republic of the Congo2.23.74.2N/A38.2%
Netherlands7.216.370.6N/A213.1%
Others1.85.18.54.131.6%
Total23.858.217877.748.3%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Turkey in 2022:

  1. Madagascar (200.0 kg)
  2. India (160.0 kg)
  3. Indonesia (50.0 kg)
  4. Germany (47.0 kg)

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey

In 2022, the amount of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves exported from Turkey soared to 756 kg, with an increase of 75,500% against 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves surged to $55K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/AN/A48.50%
South AfricaN/AN/AN/A3.50%
Australia5.6N/AN/AN/A0%
OthersN/AN/AN/A3.00%
Total5.6N/AN/A55.0114.2%

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Turkey in 2022:

  1. Slovenia (700.0 kg)
  2. South Africa (50.0 kg)

Source: IndexBox Market Intelligence Platform

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