Price for Monophenols; Naphthols and Their Salts in Turkey - 2023
Contents:
- Price for Monophenols; Naphthols and Their Salts in Turkey (CIF) - 2022
- Price for Monophenols; Naphthols and Their Salts in Turkey (FOB) - 2022
- Imports of Monophenols; Naphthols and Their Salts in Turkey
- Exports of Monophenols; Naphthols and Their Salts in Turkey
Price for Monophenols; Naphthols and Their Salts in Turkey (CIF) - 2022
In 2022, the average import price for monophenols; naphthols and their saltses amounted to $6,921 per ton, rising by 70% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monophenols; naphthols and their salts import price increased by +119.5% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Italy ($37,065 per ton), while the price for India ($5,468 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Naphthols and Their Salts in Turkey (FOB) - 2022
The average export price for monophenols; naphthols and their saltses stood at $22,625 per ton in 2022, shrinking by -32% against the previous year. Over the period under review, the export price, however, showed a resilient increase. The pace of growth was the most pronounced in 2018 an increase of 102% against the previous year. Over the period under review, the average export prices hit record highs at $33,323 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($29,879 per ton), while the average price for exports to Iran stood at $21,777 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.2%).
Imports of Monophenols; Naphthols and Their Salts in Turkey
In 2022, imports of monophenols; naphthols and their saltses into Turkey contracted dramatically to 1.4 tons, waning by -87.3% against the year before. Overall, imports showed a significant contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 96% against the previous year. As a result, imports attained the peak of 11 tons, and then fell notably in the following year.
In value terms, monophenols; naphthols and their salts imports declined significantly to $9.7K in 2022. Over the period under review, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports attained the peak of $45K, and then fell markedly in the following year.
| Import of Monophenols; Naphthols and Their Salts in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.6 | 10.2 | 24.3 | 4.7 | -31.5% |
| Netherlands | 4.6 | 5.0 | 10.0 | 2.2 | -21.8% |
| China | 6.7 | 4.7 | 5.9 | 1.7 | -36.7% |
| Others | 2.2 | 5.4 | 4.5 | 1.1 | -20.6% |
| Total | 28.1 | 25.2 | 44.8 | 9.7 | -29.9% |
Top Suppliers of Monophenols; Naphthols and Their Salts to Turkey in 2022:
- India (866.0 kg)
- Netherlands (285.0 kg)
- China (219.0 kg)
Exports of Monophenols; Naphthols and Their Salts in Turkey
In 2022, the amount of monophenols; naphthols and their saltses exported from Turkey soared to 8 kg, jumping by 300% on 2021 figures. Over the period under review, exports, however, faced a precipitous slump.
In value terms, monophenols; naphthols and their salts exports surged to $181 in 2022. In general, exports, however, continue to indicate a dramatic curtailment.
| Export of Monophenols; Naphthols and Their Salts in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 499 | 530 | 48.0 | 156 | -32.1% |
| Germany | 151 | 130 | 10.0 | 25.0 | -45.1% |
| Azerbaijan | N/A | 970 | N/A | N/A | 0% |
| Others | 806 | 1.0 | 14.0 | N/A | -86.8% |
| Total | 1,456 | 1,631 | 72.0 | 181 | -50.1% |
Top Export Markets for Monophenols; Naphthols and Their Salts from Turkey in 2022:
- Iran (7.0 kg)
- Germany (1.0 kg)
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