Price for Carbides, Whether or Not Chemically Defined in Turkey - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Turkey (CIF) - 2022
- Price for Carbides, Whether or Not Chemically Defined in Turkey (FOB) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Turkey
- Exports of Carbides, Whether or Not Chemically Defined in Turkey
Price for Carbides, Whether or Not Chemically Defined in Turkey (CIF) - 2022
In 2022, the average import price for carbides, whether or not chemically defineds amounted to $1,859 per ton, picking up by 58% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($5,158 per ton), while the price for Romania ($1,094 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides, Whether or Not Chemically Defined in Turkey (FOB) - 2022
The average export price for carbides, whether or not chemically defineds stood at $3,062 per ton in 2022, reducing by -16.7% against the previous year. In general, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 205%. As a result, the export price reached the peak level of $3,676 per ton, and then declined significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($59,517 per ton), while the average price for exports to Djibouti ($949 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 Iran (+53.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carbides, Whether or Not Chemically Defined in Turkey
In 2022, supplies from abroad of carbides, whether or not chemically defineds decreased by -3.3% to 25K 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 +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, imports reached the peak of 26K tons, and then declined in the following year.
In value terms, imports of carbides, whether or not chemically defineds surged to $47M in 2022. Overall, imports, however, posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbides, Whether or Not Chemically Defined in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 7.8 | 5.5 | 20.2 | 84.8% |
| Iran | 2.2 | 2.1 | 4.6 | 7.9 | 53.1% |
| Slovakia | 1.5 | 2.1 | 4.0 | 4.7 | 46.3% |
| Russia | 2.8 | 3.1 | 3.6 | 4.7 | 18.8% |
| South Africa | 1.1 | 1.9 | 0.9 | 2.1 | 24.1% |
| Romania | 2.0 | 2.9 | 3.9 | 1.8 | -3.5% |
| Ukraine | 1.8 | 0.4 | 1.7 | 1.0 | -17.8% |
| Bulgaria | 3.2 | 2.0 | 3.5 | 0.5 | -46.1% |
| Others | 2.6 | 2.3 | 3.1 | 4.0 | 15.4% |
| Total | 20.4 | 24.7 | 30.8 | 47.0 | 32.1% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Turkey in 2022:
- China (8.9K tons)
- Iran (5.5K tons)
- Russia (3.2K tons)
- Slovakia (3.0K tons)
- Romania (1.6K tons)
- Ukraine (0.7K tons)
- South Africa (0.4K tons)
- Bulgaria (0.4K tons)
Exports of Carbides, Whether or Not Chemically Defined in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of carbides, whether or not chemically defineds, which increased by 21% to 234 tons in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of carbides, whether or not chemically defineds stood at $716K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 269%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Carbides, Whether or Not Chemically Defined in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 6.9 | 14.3 | 401 | 306 | 254.0% |
| Algeria | N/A | N/A | N/A | 152 | 0% |
| Iran | 88.7 | 23.8 | N/A | 59.5 | -12.5% |
| Ethiopia | N/A | N/A | N/A | 38.6 | 0% |
| Djibouti | N/A | N/A | N/A | 17.1 | 0% |
| Uzbekistan | N/A | N/A | N/A | 14.0 | 0% |
| Cyprus | N/A | N/A | 4.6 | 11.2 | 143.5% |
| Iraq | 16.2 | 37.8 | 13.8 | 0.3 | -73.5% |
| France | N/A | N/A | 31.8 | 0.2 | -99.4% |
| Georgia | 36.2 | 36.1 | 0.9 | 0.1 | -86.0% |
| Bulgaria | N/A | N/A | 22.5 | N/A | 0% |
| Kenya | 12.4 | N/A | 13.1 | N/A | 2.8% |
| Libya | N/A | 24.0 | 29.9 | N/A | 24.6% |
| Others | 114 | 56.5 | 193 | 116 | 0.6% |
| Total | 274 | 193 | 711 | 716 | 37.7% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from Turkey in 2022:
- Algeria (140.1 tons)
- Ethiopia (23.6 tons)
- Belgium (22.2 tons)
- Djibouti (18.0 tons)
- Uzbekistan (8.0 tons)
- Cyprus (6.8 tons)
- Iran (1.0 tons)
- Iraq (0.2 tons)
- France (0.1 tons)
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