Turkey - Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Oleic, Linoleic or Linolenic Acids in Turkey - 2023
Contents:
- Price for Oleic, Linoleic or Linolenic Acids in Turkey (CIF) - 2022
- Price for Oleic, Linoleic or Linolenic Acids in Turkey (FOB) - 2022
- Imports of Oleic, Linoleic or Linolenic Acids in Turkey
- Exports of Oleic, Linoleic or Linolenic Acids in Turkey
Price for Oleic, Linoleic or Linolenic Acids in Turkey (CIF) - 2022
In 2022, the average import price for oleic, linoleic or linolenic acids, their salts and esters amounted to $3,616 per ton, picking up by 48% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,093 per ton), while the price for Hungary ($3,126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oleic, Linoleic or Linolenic Acids in Turkey (FOB) - 2022
The average export price for oleic, linoleic or linolenic acids, their salts and esters stood at $1,719 per ton in 2022, rising by 61% against the previous year. In general, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 62%. The export price peaked at $5,646 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($4,911 per ton), while the average price for exports to Spain ($1,352 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 Russia (+152.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oleic, Linoleic or Linolenic Acids in Turkey
In 2022, imports of oleic, linoleic or linolenic acids, their salts and esters into Turkey fell rapidly to 1K tons, which is down by -36.4% compared with 2021 figures. Over the period under review, imports saw a mild contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of 1.6K tons, and then reduced notably in the following year.
In value terms, oleic, linoleic or linolenic acids imports fell to $3.7M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +54.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. As a result, imports attained the peak of $4M, and then declined in the following year.
| Import of Oleic, Linoleic or Linolenic Acids in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 493 | 547 | 734 | 910 | 22.7% |
| India | 255 | 254 | 511 | 899 | 52.2% |
| Belgium | 66.4 | 95.6 | 106 | 705 | 119.8% |
| Malaysia | 110 | 306 | 307 | 604 | 76.4% |
| France | 318 | 267 | 344 | 159 | -20.6% |
| Germany | 118 | 254 | 342 | 141 | 6.1% |
| Hungary | N/A | N/A | N/A | 53.4 | 0% |
| Spain | 601 | 76.8 | 279 | 39.6 | -59.6% |
| Japan | 426 | 0.4 | 4.4 | 0.4 | -90.2% |
| Czech Republic | 421 | 107 | N/A | 0.1 | -93.8% |
| Slovakia | N/A | 287 | N/A | N/A | 0% |
| Iran | N/A | N/A | 1,108 | N/A | 0% |
| Others | 294 | 218 | 235 | 213 | -10.2% |
| Total | 3,102 | 2,412 | 3,969 | 3,726 | 6.3% |
Top Suppliers of Oleic, Linoleic or Linolenic Acids to Turkey in 2022:
- Czech Republic (undefined tons)
- India (284.5 tons)
- Italy (248.6 tons)
- Belgium (196.5 tons)
- Malaysia (189.3 tons)
- Germany (28.3 tons)
- France (22.5 tons)
- Hungary (17.1 tons)
- Spain (12.2 tons)
- Japan (0.1 tons)
Exports of Oleic, Linoleic or Linolenic Acids in Turkey
In 2022, approx. 757 tons of oleic, linoleic or linolenic acids, their salts and esters were exported from Turkey; jumping by 227% compared with 2021. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, oleic, linoleic or linolenic acids exports skyrocketed to $1.3M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oleic, Linoleic or Linolenic Acids in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 128 | 332 | 208 | 857 | 88.5% |
| Russia | N/A | N/A | N/A | 214 | 0% |
| Italy | 20.4 | N/A | N/A | 123 | 82.0% |
| Uzbekistan | 1.1 | 1.6 | 15.9 | 76.0 | 310.3% |
| Iran | 135 | 47.5 | 1.3 | 3.1 | -71.6% |
| United Arab Emirates | 179 | 82.6 | N/A | N/A | -53.9% |
| Others | 1.8 | 38.7 | 21.8 | 27.1 | 146.9% |
| Total | 466 | 503 | 248 | 1,301 | 40.8% |
Top Export Markets for Oleic, Linoleic or Linolenic Acids from Turkey in 2022:
- Spain (634.4 tons)
- Russia (56.6 tons)
- Italy (41.7 tons)
- Uzbekistan (15.5 tons)
- Iran (0.6 tons)
This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids 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 20143350 - Oleic, linoleic or linolenic acids, their salts and esters
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
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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