Turkey - Sodium Hydroxide In Aqueous Solution (Soda Lye Or Liquid Soda) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Caustic Soda in Aqueous Solution (Soda Lye) in Turkey - 2023
Contents:
- Price for Caustic Soda in Aqueous Solution (Soda Lye) in Turkey (CIF) - 2022
- Price for Caustic Soda in Aqueous Solution (Soda Lye) in Turkey (FOB) - 2023
- Imports of Caustic Soda in Aqueous Solution (Soda Lye) in Turkey
- Exports of Caustic Soda in Aqueous Solution (Soda Lye) in Turkey
Price for Caustic Soda in Aqueous Solution (Soda Lye) in Turkey (CIF) - 2022
In 2022, the average import price for caustic soda in aqueous solution (soda lye) amounted to $208 per ton, picking up by 27% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 57%. As a result, import price reached the peak level of $308 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($506 per ton), while the price for Iran ($130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Caustic Soda in Aqueous Solution (Soda Lye) in Turkey (FOB) - 2023
In November 2023, the average export price for caustic soda in aqueous solution (soda lye) amounted to $277 per ton, declining by -5.7% against the previous month. In general, the export price showed a perceptible reduction. The pace of growth was the most pronounced in April 2023 an increase of 35% against the previous month. Over the period under review, the average export prices reached the maximum at $611 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Azerbaijan ($517 per ton), while the average price for exports to Bulgaria ($223 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Caustic Soda in Aqueous Solution (Soda Lye) in Turkey
In 2022, imports of caustic soda in aqueous solution (soda lye) into Turkey soared to 1.3M tons, growing by 188% compared with 2021 figures. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of caustic soda in aqueous solution (soda lye) skyrocketed to $274M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Caustic Soda in Aqueous Solution (Soda Lye) in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 32.3 | 10.5 | 19.9 | 66.2 | 27.0% |
| Russia | 8.6 | 18.2 | 12.3 | 53.6 | 84.0% |
| Romania | 7.2 | 12.4 | 16.2 | 35.1 | 69.6% |
| China | N/A | N/A | N/A | 21.8 | 0% |
| India | N/A | N/A | N/A | 18.2 | 0% |
| France | 27.1 | 18.3 | 16.1 | 15.6 | -16.8% |
| Iran | 0.1 | N/A | 5.7 | 4.8 | 263.4% |
| Others | 26.5 | 19.8 | 4.6 | 58.5 | 30.2% |
| Total | 102 | 79.3 | 74.8 | 274 | 39.0% |
Top Suppliers of Caustic Soda in Aqueous Solution (Soda Lye) to Turkey in 2022:
- Egypt (393.2K tons)
- Russia (387.5K tons)
- Romania (207.0K tons)
- France (97.5K tons)
- China (47.7K tons)
- Iran (36.9K tons)
- India (36.0K tons)
Exports of Caustic Soda in Aqueous Solution (Soda Lye) in Turkey
In 2022, approx. 55K tons of caustic soda in aqueous solution (soda lye) were exported from Turkey; with an increase of 39% on 2021 figures. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of caustic soda in aqueous solution (soda lye) surged to $16M in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Caustic Soda in Aqueous Solution (Soda Lye) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 0.1 | 4,085 | 4084900.0% |
| Bulgaria | 12.1 | 24.7 | 6.6 | 2,537 | 494.1% |
| Montenegro | N/A | N/A | 0.2 | 2,200 | 1099900.0% |
| United States | N/A | 1.1 | 1.2 | 2,040 | 4206.4% |
| Israel | N/A | N/A | 1,190 | 1,243 | 4.5% |
| Greece | N/A | 663 | 1,027 | 489 | -14.1% |
| Iraq | 149 | 118 | 211 | 393 | 38.2% |
| Ukraine | 2,989 | 2,045 | 1,818 | 273 | -55.0% |
| Trinidad and Tobago | N/A | N/A | 604 | N/A | 0% |
| Others | 489 | 2,924 | 2,678 | 2,919 | 81.4% |
| Total | 3,640 | 5,776 | 7,535 | 16,178 | 64.4% |
Top Export Markets for Caustic Soda in Aqueous Solution (Soda Lye) from Turkey in 2022:
- Belgium (28.9K tons)
- Montenegro (5.0K tons)
- Bulgaria (4.6K tons)
- Israel (3.2K tons)
- Greece (3.2K tons)
- United States (3.0K tons)
- Ukraine (2.8K tons)
- Iraq (0.7K tons)
This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) 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 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)
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
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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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