Price for Ivory and Articles Thereof; Worked in Turkey - 2023

Contents:

1. Price for Ivory and Articles Thereof; Worked in Turkey (CIF) - 2022
2. Price for Ivory and Articles Thereof; Worked in Turkey (FOB) - 2022
3. Imports of Ivory and Articles Thereof; Worked in Turkey
4. Exports of Ivory and Articles Thereof; Worked in Turkey

Price for Ivory and Articles Thereof; Worked in Turkey (CIF) - 2022

In 2022, the average import price for ivory and articles thereof; worked amounted to $20,848 per ton, reducing by -10.8% against the previous year. Overall, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 76% against the previous year. Over the period under review, average import prices hit record highs at $23,368 per ton in 2021, and then reduced in the following year.

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 ($92,840 per ton), while the price for China ($3,356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ivory and Articles Thereof; Worked in Turkey (FOB) - 2022

The average export price for ivory and articles thereof; worked stood at $12,825 per ton in 2022, surging by 95% against the previous year. Overall, the export price, however, showed a abrupt decline. Over the period under review, the average export prices reached the peak figure at $44,759 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($21,103 per ton), while the average price for exports to the Netherlands amounted to $1,093 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+207.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ivory and Articles Thereof; Worked in Turkey

In 2022, after three years of growth, there was significant decline in purchases abroad of ivory and articles thereof; worked, when their volume decreased by -71.9% to 179 kg. Overall, imports, however, saw a modest increase. The most prominent rate of growth was recorded in 2021 when imports increased by 106%. As a result, imports reached the peak of 636 kg, and then contracted significantly in the following year.

In value terms, ivory and articles thereof; worked imports dropped significantly to $3.7K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 243%. As a result, imports attained the peak of $15K, and then dropped significantly in the following year.

Top Suppliers of Ivory and Articles Thereof; Worked to Turkey in 2022:

1. India (97.0 kg)
2. China (63.0 kg)
3. Germany (19.0 kg)

Exports of Ivory and Articles Thereof; Worked in Turkey

In 2022, shipments abroad of ivory and articles thereof; worked decreased by -70.6% to 5 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 750%. As a result, the exports attained the peak of 17 kg, and then dropped markedly in the following year.

In value terms, ivory and articles thereof; worked exports contracted significantly to $62 in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 762% against the previous year. As a result, the exports reached the peak of $112, and then shrank significantly in the following year.

Top Export Markets for Ivory and Articles Thereof; Worked from Turkey in 2022:

1. Free Zones (3.0 kg)
2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform