Report Update: May 3, 2024

Turkey - Inorganic Oxygen Compounds Of Non-Metals - Market Analysis, Forecast, Size, Trends And Insights

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Price for Inorganic Oxygen Compounds of Non-Metals in Turkey - 2023

Price for Inorganic Oxygen Compounds of Non-Metals in Turkey (FOB) - 2022

In 2022, the average export price for inorganic oxygen compounds of non-metals amounted to $2,662 per ton, rising by 19% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inorganic oxygen compounds of non-metals export price increased by +55.5% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,284 per ton), while the average price for exports to Iran ($938 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 Poland (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Inorganic Oxygen Compounds of Non-Metals in Turkey (CIF) - 2022

The average import price for inorganic oxygen compounds of non-metals stood at $2,254 per ton in 2022, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2018 an increase of 26% against the previous year. As a result, import price attained the peak level of $2,558 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Austria ($8,350 per ton), while the price for Iran ($1,442 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Inorganic Oxygen Compounds of Non-Metals in Turkey

After three years of growth, shipments abroad of inorganic oxygen compounds of non-metals decreased by -35.3% to 1.2K tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 288%. As a result, the exports attained the peak of 1.9K tons, and then shrank sharply in the following year.

In value terms, inorganic oxygen compounds of non-metals exports dropped significantly to $3.3M in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 274%. As a result, the exports attained the peak of $4.3M, and then declined markedly in the following year.

Export of Inorganic Oxygen Compounds of Non-Metals in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	N/A	N/A	N/A	1,414	0%
Poland	N/A	373	2,098	814	47.7%
Netherlands	337	556	1,658	619	22.5%
Russia	N/A	N/A	N/A	233	0%
Iran	71.2	12.4	16.5	41.5	-16.5%
Cyprus	31.2	16.7	18.9	35.7	4.6%
Belgium	N/A	99.3	187	24.7	-50.1%
Georgia	16.4	19.7	11.2	23.5	12.7%
Azerbaijan	64.8	9.8	14.1	22.6	-29.6%
Others	18.1	51.5	253	55.2	45.0%
Total	539	1,139	4,256	3,283	82.6%

Top Export Markets for Inorganic Oxygen Compounds of Non-Metals from Turkey in 2022:

Slovakia (456.0 tons)
Netherlands (290.0 tons)
Poland (267.1 tons)
Russia (71.0 tons)
Iran (44.2 tons)
Cyprus (26.1 tons)
Azerbaijan (23.0 tons)
Belgium (15.1 tons)
Georgia (12.5 tons)

Imports of Inorganic Oxygen Compounds of Non-Metals in Turkey

In 2022, after three years of growth, there was significant decline in purchases abroad of inorganic oxygen compounds of non-metals, when their volume decreased by -10.6% to 1.8K tons. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 98% against the previous year. As a result, imports attained the peak of 2K tons, and then declined in the following year.

In value terms, inorganic oxygen compounds of non-metals imports expanded markedly to $4.1M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.8% 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 +68.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Inorganic Oxygen Compounds of Non-Metals in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	269	799	2,312	1,687	84.4%
Hungary	313	297	384	661	28.3%
China	86.1	116	224	559	86.6%
Austria	351	197	370	459	9.4%
Germany	1,274	881	220	398	-32.1%
Others	167	162	252	361	29.3%
Total	2,460	2,451	3,762	4,125	18.8%

Top Suppliers of Inorganic Oxygen Compounds of Non-Metals to Turkey in 2022:

Iran (1170.1 tons)
Hungary (260.2 tons)
Germany (199.7 tons)
China (112.0 tons)
Austria (55.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for inorganic oxygen compounds of non-metals 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 20111250 - Sulphur trioxide (sulphuric anhydride), diarsenic trioxide
Prodcom 20111270 - Nitrogen oxides
Prodcom 20111290 - Inorganic oxygen compounds of non metals (excluding sulphur trioxide (sulphuric anhydride), diarsenic trioxide, n itrogen oxides, silicon dioxide, sulphur dioxide, carbon dioxide)
Prodcom 20132477 - Sulphur dioxide

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
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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023