Turkey - Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Benzol, Toluol and Xylol in Turkey - 2023
Contents:
- Price for Benzol, Toluol and Xylol in Turkey (CIF) - 2023
- Price for Benzol, Toluol and Xylol in Turkey (FOB) - 2023
- Imports of Benzol, Toluol and Xylol in Turkey
- Exports of Benzol, Toluol and Xylol in Turkey
Price for Benzol, Toluol and Xylol in Turkey (CIF) - 2023
The average benzol, toluol and xylol import price stood at $1,065 per ton in July 2023, approximately equating the previous month. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in November 2022 when the average import price increased by 6.5% month-to-month. Over the period under review, average import prices hit record highs at $1,714 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($1,155 per ton), while the price for Israel amounted to $1,046 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Benzol, Toluol and Xylol in Turkey (FOB) - 2023
In July 2023, the average benzol, toluol and xylol export price amounted to $1,174 per ton, remaining constant against the previous month. Over the period under review, the export price continues to indicate a slight decrease. The pace of growth appeared the most rapid in December 2022 an increase of 144% month-to-month. Over the period under review, the average export prices reached the maximum at $1,554 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In July 2023, the countries with the highest prices were Greece ($1,186 per ton) and Egypt ($1,150 per ton), while the average price for exports to Bulgaria ($1,103 per ton) and Syrian Arab Republic ($1,128 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (0.0%), while the prices for the other major destinations experienced a decline.
Imports of Benzol, Toluol and Xylol in Turkey
In 2022, purchases abroad of benzol (benzene), toluol (toluene) and xylol (xylenes) decreased by -3.2% to 57K 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 +7.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.
In value terms, benzol, toluol and xylol imports skyrocketed to $69M in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Benzol, Toluol and Xylol in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 18.9 | 14.4 | 26.1 | 39.2 | 27.5% |
| Netherlands | N/A | N/A | 2.0 | 8.8 | 340.0% |
| Belgium | 2.3 | N/A | 3.8 | 6.6 | 42.1% |
| Germany | N/A | 0.7 | 0.8 | 5.0 | 167.3% |
| Italy | 5.7 | 3.5 | 6.1 | 4.9 | -4.9% |
| Spain | 7.7 | 7.6 | 6.7 | 3.9 | -20.3% |
| Portugal | 1.7 | 2.7 | 0.9 | N/A | -27.2% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 36.3 | 29.0 | 46.6 | 68.6 | 23.6% |
Top Suppliers of Benzol, Toluol and Xylol to Turkey in 2022:
- Israel (34.8K tons)
- Netherlands (5.6K tons)
- Belgium (5.2K tons)
- Germany (4.7K tons)
- Italy (4.4K tons)
- Spain (2.7K tons)
Exports of Benzol, Toluol and Xylol in Turkey
In 2022, approx. 24K tons of benzol (benzene), toluol (toluene) and xylol (xylenes) were exported from Turkey; shrinking by -8.7% on the previous year's figure. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 33%.
In value terms, benzol, toluol and xylol exports surged to $20M in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 87% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Benzol, Toluol and Xylol in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.8 | 4.1 | 10.9 | 12.8 | 23.5% |
| Egypt | 0.6 | 0.8 | 1.3 | 2.4 | 58.7% |
| Greece | 0.7 | 0.8 | 2.2 | 2.0 | 41.9% |
| Iraq | 1.1 | 0.7 | 0.3 | 0.7 | -14.0% |
| Syrian Arab Republic | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
| Belgium | 2.6 | 2.0 | 0.7 | N/A | -48.1% |
| Others | 0.3 | 0.3 | 0.9 | 1.4 | 67.1% |
| Total | 12.2 | 8.7 | 16.3 | 19.9 | 17.7% |
Top Export Markets for Benzol, Toluol and Xylol from Turkey in 2022:
- Netherlands (18.2K tons)
- Egypt (2.0K tons)
- Greece (1.7K tons)
- Iraq (0.5K tons)
- Syrian Arab Republic (0.4K tons)
This report provides an in-depth analysis of the market for benzol, toluol and xylol 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 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)
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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