Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey - 2023
Contents:
- Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey (CIF) - 2023
- Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey (FOB) - 2023
- Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey
- Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey
Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey (CIF) - 2023
The average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $4,448 per ton in December 2023, shrinking by -37.5% against the previous month. Overall, the import price recorded a abrupt slump. The growth pace was the most rapid in October 2023 an increase of 53% against the previous month. The import price peaked at $11,830 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($7,277 per ton), while the price for France ($2,446 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 Italy (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey (FOB) - 2023
In December 2023, the average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $2,656 per ton, waning by -6% against the previous month. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 59% month-to-month. The export price peaked at $5,014 per ton in January 2023; however, from February 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Russia ($19,510 per ton), while the average price for exports to India ($960 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 Russia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas purchases of carboxyamide-function compounds; amide-function compounds of carbonic acids, which increased by 10% to 18K tons in 2022. The total import volume increased at an average annual rate of +13.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 19%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids skyrocketed to $147M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.0 | 32.7 | 34.8 | 70.1 | 39.2% |
| India | 8.9 | 20.7 | 13.7 | 15.2 | 19.5% |
| France | 7.8 | 7.9 | 10.2 | 12.2 | 16.1% |
| Italy | 3.1 | 3.7 | 4.3 | 3.8 | 7.0% |
| Germany | 2.5 | 2.1 | 3.3 | 3.7 | 14.0% |
| South Korea | 1.1 | 1.2 | 3.5 | 3.4 | 45.7% |
| Switzerland | 2.6 | 2.1 | 2.2 | 1.9 | -9.9% |
| Netherlands | 0.3 | 0.3 | 0.4 | 1.5 | 71.0% |
| Saudi Arabia | 0.2 | 0.1 | 0.8 | 1.4 | 91.3% |
| Others | 17.2 | 25.1 | 25.0 | 33.5 | 24.9% |
| Total | 69.7 | 96.0 | 98.3 | 147 | 28.2% |
Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to Turkey in 2022:
- China (5.7K tons)
- France (5.3K tons)
- India (2.4K tons)
- South Korea (0.7K tons)
- Saudi Arabia (0.6K tons)
- Netherlands (0.5K tons)
- Italy (0.5K tons)
- Germany (0.5K tons)
- Switzerland (0.3K tons)
Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey
In 2022, shipments abroad of carboxyamide-function compounds; amide-function compounds of carbonic acids decreased by -13.5% to 10K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. As a result, the exports reached the peak of 12K tons, and then reduced in the following year.
In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids skyrocketed to $33M in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 49%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.0 | 4.1 | 6.6 | 7.6 | 36.3% |
| Russia | 0.1 | 0.1 | 0.4 | 3.4 | 224.0% |
| India | 2.1 | 2.1 | 5.3 | 2.9 | 11.4% |
| Germany | 2.3 | 2.4 | 2.8 | 2.4 | 1.4% |
| France | 0.8 | 1.5 | 0.8 | 2.1 | 37.9% |
| Brazil | 0.7 | 0.4 | 1.6 | 1.4 | 26.0% |
| Belgium | 0.3 | 0.5 | 0.9 | 1.2 | 58.7% |
| Hungary | N/A | 0.1 | 0.2 | 1.1 | 231.7% |
| Spain | 0.6 | 0.6 | 0.7 | 1.1 | 22.4% |
| Israel | 0.7 | 0.6 | 0.6 | 0.6 | -5.0% |
| Netherlands | 0.2 | 0.2 | 0.5 | 0.6 | 44.2% |
| Others | 4.5 | 5.5 | 6.4 | 8.3 | 22.6% |
| Total | 15.4 | 18.1 | 26.9 | 32.7 | 28.5% |
Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from Turkey in 2022:
- Italy (2789.1 tons)
- India (1480.2 tons)
- Russia (1115.4 tons)
- Brazil (690.0 tons)
- Germany (580.5 tons)
- Belgium (579.0 tons)
- Spain (465.7 tons)
- Hungary (388.7 tons)
- France (294.2 tons)
- Netherlands (286.0 tons)
- Israel (138.8 tons)
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