Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey - 2023

Contents:

  1. Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey (CIF) - 2022
  2. Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey (FOB) - 2022
  3. Imports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey
  4. Exports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey

Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey (CIF) - 2022

The average import price for fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses stood at $837 per ton in 2022, falling by -6.3% against the previous year. Over the period under review, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 34%. Over the period under review, average import prices reached the maximum at $1,225 per ton in 2014; however, from 2015 to 2022, 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 Germany ($2,898 per ton), while the price for Norway ($369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey (FOB) - 2022

The average export price for fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses stood at $1,139 per ton in 2022, picking up by 42% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 131%. Over the period under review, the average export prices reached the maximum at $3,256 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($4,344 per ton), while the average price for exports to Cyprus ($417 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 Kazakhstan (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey

In 2022, the amount of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses imported into Turkey rose significantly to 17K tons, increasing by 13% compared with the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 63%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses expanded sharply to $15M in 2022. The total import value increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.93.24.75.423.0%
Germany2.22.01.92.1-1.5%
Russia0.60.71.01.844.2%
Mozambique0.20.30.31.071.0%
Italy0.81.81.00.94.0%
QatarN/AN/A0.10.8700.0%
BahrainN/A0.40.20.732.3%
Denmark0.30.30.50.626.0%
United Arab EmiratesN/A0.4N/A0.2-29.3%
Iceland0.4N/AN/A0.1-37.0%
Norway0.1N/AN/A0.10.0%
LithuaniaN/AN/A1.0N/A0%
AustraliaN/A0.8N/AN/A0%
Others2.62.52.90.9-29.8%
Total10.112.413.714.512.8%

Top Suppliers of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts to Turkey in 2022:

  1. China (5.4K tons)
  2. Mozambique (2.5K tons)
  3. Russia (2.3K tons)
  4. Qatar (1.9K tons)
  5. Bahrain (1.7K tons)
  6. Italy (0.7K tons)
  7. Germany (0.7K tons)
  8. United Arab Emirates (0.6K tons)
  9. Denmark (0.5K tons)
  10. Norway (0.3K tons)
  11. Iceland (0.2K tons)

Exports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey

In 2022, the amount of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses exported from Turkey surged to 486 tons, with an increase of 454% on the previous year. 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.

In value terms, exports of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses surged to $553K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan21.6N/A25.814990.4%
RussiaN/AN/AN/A1400%
Iran12255.20.150.0-25.7%
Iraq2.913.44.231.0120.3%
LibyaN/AN/A25.930.718.5%
CyprusN/AN/AN/A10.70%
TajikistanN/A50.3N/AN/A0%
China14.2N/AN/AN/A0%
Slovenia13.5N/AN/AN/A0%
Others8.610.914.4141154.0%
Total18313070.355344.6%

Top Export Markets for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts from Turkey in 2022:

  1. Azerbaijan (319.4 tons)
  2. Russia (52.0 tons)
  3. Cyprus (25.6 tons)
  4. Libya (19.9 tons)
  5. Iraq (13.4 tons)
  6. Iran (11.5 tons)

Source: IndexBox Market Intelligence Platform

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