Price for Lustres; Liquid Lustres and Similar Preparations in Turkey - 2024

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Turkey (FOB) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in Turkey (CIF) - 2022
  3. Exports of Lustres; Liquid Lustres and Similar Preparations in Turkey
  4. Imports of Lustres; Liquid Lustres and Similar Preparations in Turkey

Price for Lustres; Liquid Lustres and Similar Preparations in Turkey (FOB) - 2022

The average export price for lustres; liquid lustres and similar preparationses stood at $24,954 per ton in 2022, with a decrease of -11.1% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average export price increased by 41% against the previous year. The export price peaked at $38,244 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($336,007 per ton), while the average price for exports to Romania ($2,723 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 Iraq (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Lustres; Liquid Lustres and Similar Preparations in Turkey (CIF) - 2022

The average import price for lustres; liquid lustres and similar preparationses stood at $64,959 per ton in 2022, picking up by 2% against the previous year. In general, the import price, however, showed a drastic downturn. The growth pace was the most rapid in 2019 an increase of 134% against the previous year. Over the period under review, average import prices attained the peak figure at $176,630 per ton in 2012; however, from 2013 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 China ($734,701 per ton), while the price for Spain ($10,401 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.7%), while the prices for the other major suppliers experienced a decline.

Exports of Lustres; Liquid Lustres and Similar Preparations in Turkey

For the fourth year in a row, Turkey recorded growth in overseas shipments of lustres; liquid lustres and similar preparationses, which increased by 26% to 1.7K tons in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 87% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of lustres; liquid lustres and similar preparationses totaled $43M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 165%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Lustres; Liquid Lustres and Similar Preparations in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.56.610.410.893.1%
United StatesN/A0.87.19.5244.6%
FranceN/A1.73.44.359.0%
Iraq0.80.70.81.933.4%
Egypt1.42.41.91.88.7%
Indonesia0.10.71.41.4141.0%
PanamaN/AN/A0.70.928.6%
Romania0.10.10.10.10.0%
Others4.39.212.912.743.5%
Total8.322.138.643.473.6%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Turkey in 2022:

  1. Germany (755.5 tons)
  2. United States (404.1 tons)
  3. Egypt (162.3 tons)
  4. France (150.5 tons)
  5. Romania (44.3 tons)
  6. Panama (36.0 tons)
  7. Indonesia (32.1 tons)
  8. Iraq (5.6 tons)

Imports of Lustres; Liquid Lustres and Similar Preparations in Turkey

Imports of lustres; liquid lustres and similar preparationses into Turkey amounted to 507 tons in 2022, surging by 5.2% on the previous year's figure. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 75% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of lustres; liquid lustres and similar preparationses rose sharply to $33M in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 92% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Lustres; Liquid Lustres and Similar Preparations in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A2.812.614.8129.9%
Netherlands8.26.88.98.92.8%
Spain1.62.33.94.237.9%
Italy2.22.93.03.415.6%
Germany1.60.81.81.0-14.5%
Others0.30.40.50.518.6%
Total13.916.030.732.933.3%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Turkey in 2022:

  1. Spain (404.0 tons)
  2. Italy (38.8 tons)
  3. Netherlands (21.4 tons)
  4. China (20.2 tons)
  5. Germany (17.5 tons)

Source: IndexBox Market Intelligence Platform

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