Price for Monophenols; Cresols and Their Salts in Turkey - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Turkey (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Turkey (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Turkey
- Exports of Monophenols; Cresols and Their Salts in Turkey
Price for Monophenols; Cresols and Their Salts in Turkey (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $38,832 per ton, increasing by 12% against the previous year. In general, the import price recorded a prominent expansion. The growth pace was the most rapid in 2013 an increase of 92%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($45,987 per ton), while the price for India ($25,227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Cresols and Their Salts in Turkey (FOB) - 2022
In 2022, the average export price for monophenols; cresols and their saltses amounted to $24,934 per ton, surging by 7.4% against the previous year. In general, the export price saw prominent growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 64%. As a result, the export price reached the peak level of $50,609 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +165.0% per year.
Imports of Monophenols; Cresols and Their Salts in Turkey
In 2022, after three years of growth, there was decline in overseas purchases of monophenols; cresols and their saltses, when their volume decreased by -0.1% to 3.4 tons. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 232%. As a result, imports attained the peak of 3.4 tons, leveling off in the following year.
In value terms, monophenols; cresols and their salts imports expanded rapidly to $134K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 293%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Monophenols; Cresols and Their Salts in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.9 | 18.2 | 102 | 112 | 111.1% |
| India | 1.2 | 1.4 | 11.2 | 12.2 | 116.6% |
| China | 2.4 | 8.1 | 2.2 | 7.7 | 47.5% |
| Others | 1.0 | 2.8 | 4.1 | 2.2 | 30.1% |
| Total | 16.6 | 30.5 | 120 | 134 | 100.6% |
Top Suppliers of Monophenols; Cresols and Their Salts to Turkey in 2022:
- Germany (2774.0 kg)
- India (483.0 kg)
- China (168.0 kg)
Exports of Monophenols; Cresols and Their Salts in Turkey
In 2022, monophenols; cresols and their salts exports from Turkey skyrocketed to 181 kg, picking up by 269% compared with the previous year. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 444%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, monophenols; cresols and their salts exports skyrocketed to $4.5K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Monophenols; Cresols and Their Salts in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 533 | 300 | 656 | 4,513 | 103.8% |
| Sudan | N/A | N/A | 122 | N/A | 0% |
| Uzbekistan | N/A | N/A | 136 | N/A | 0% |
| Egypt | N/A | N/A | 168 | N/A | 0% |
| Others | N/A | N/A | 44.0 | N/A | 0% |
| Total | 533 | 300 | 1,126 | 4,513 | 103.8% |
Top Export Markets for Monophenols; Cresols and Their Salts from Turkey in 2022:
- Iran (181.0 kg)
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