Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Turkey - 2023
Contents:
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (FOB) - 2023
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (CIF) - 2023
- Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey
- Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (FOB) - 2023
The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $199 per ton in December 2023, falling by -6% against the previous month. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in June 2023 when the average export price increased by 27% against the previous month. As a result, the export price attained the peak level of $405 per ton. From July 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($263 per ton), while the average price for exports to Malaysia ($152 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.3%), while the prices for the other major destinations experienced a decline.
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (CIF) - 2023
The average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $445 per ton in December 2023, surging by 8.2% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 20% against the previous month. As a result, import price reached the peak level of $539 per ton. From April 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($1,210 per ton), while the price for Oman ($323 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey
Exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates from Turkey surged to 6.8M tons in 2022, with an increase of 24% compared with the previous year. The total export volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $1.6B in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 58.5 | 53.7 | 63.5 | 205 | 51.9% |
Spain | 84.7 | 81.5 | 84.7 | 188 | 30.4% |
Egypt | 69.8 | 61.2 | 63.0 | 137 | 25.2% |
Italy | 78.0 | 76.9 | 78.9 | 124 | 16.7% |
Netherlands | 45.6 | 27.1 | 43.2 | 101 | 30.4% |
United Kingdom | 55.8 | 43.7 | 52.4 | 101 | 21.9% |
Portugal | 34.3 | 38.3 | 31.3 | 82.2 | 33.8% |
Belgium | 40.8 | 40.3 | 43.5 | 62.8 | 15.5% |
France | 29.3 | 25.5 | 26.6 | 54.0 | 22.6% |
Thailand | 29.2 | 20.3 | 26.9 | 49.4 | 19.2% |
United Arab Emirates | 24.1 | 14.3 | 9.4 | 45.7 | 23.8% |
Ukraine | 24.2 | 23.0 | 29.4 | 29.5 | 6.8% |
Argentina | 0.3 | 0.5 | 1.8 | 27.0 | 348.1% |
Others | 324 | 303 | 317 | 412 | 8.3% |
Total | 899 | 809 | 872 | 1,618 | 21.6% |
Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Turkey in 2022:
- Brazil (1244.0K tons)
- Spain (633.8K tons)
- Portugal (584.6K tons)
- Italy (459.2K tons)
- Egypt (387.5K tons)
- Netherlands (354.7K tons)
- United Kingdom (337.4K tons)
- Belgium (209.9K tons)
- Ukraine (201.4K tons)
- Argentina (200.1K tons)
- France (186.7K tons)
- Thailand (155.8K tons)
- United Arab Emirates (139.4K tons)
Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey
In 2022, after two years of decline, there was significant growth in overseas purchases of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates, when their volume increased by 21% to 295K tons. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $122M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 42.9 | 35.3 | 36.4 | 47.3 | 3.3% |
South Korea | 5.0 | 6.3 | 8.7 | 17.2 | 51.0% |
Russia | 4.0 | 4.3 | 4.2 | 13.3 | 49.3% |
China | 6.0 | 6.8 | 9.4 | 11.2 | 23.1% |
Germany | 6.4 | 5.8 | 6.9 | 9.6 | 14.5% |
Belgium | 3.8 | 5.0 | 4.4 | 5.1 | 10.3% |
France | 1.8 | 2.2 | 2.7 | 4.8 | 38.7% |
Bosnia and Herzegovina | 2.3 | 2.2 | 1.3 | N/A | -24.8% |
Others | 8.9 | 9.2 | 9.0 | 13.1 | 13.8% |
Total | 80.9 | 77.3 | 83.0 | 122 | 14.7% |
Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Turkey in 2022:
- Bulgaria (196.5K tons)
- Russia (26.7K tons)
- Germany (13.4K tons)
- Belgium (11.9K tons)
- South Korea (11.7K tons)
- China (9.9K tons)
- France (5.8K tons)
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Exports of Carbonate witnessed a significant decrease to $108M in July 2023 in terms of value.
Sodium Carbonate saw a rapid growth rate of 39% month-over-month in February 2023, leading to a significant increase in exports to $91M in December 2023.
In July 2022, the sodium carbonate price per ton stood at $308.4 (FOB, Turkey), picking up by 3.7% against the previous month.
In Jan. 2023, the FOBTurkey baking soda price dropped 6.4% to $370/ton compared to the previous month.
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