Turkey - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Refined or Synthetic Glycerol in Turkey - 2023
Contents:
- Price for Refined or Synthetic Glycerol in Turkey (CIF) - 2023
- Price for Refined or Synthetic Glycerol in Turkey (FOB) - 2022
- Imports of Refined or Synthetic Glycerol in Turkey
- Exports of Refined or Synthetic Glycerol in Turkey
Price for Refined or Synthetic Glycerol in Turkey (CIF) - 2023
The average refined or synthetic glycerol import price stood at $981 per ton in July 2023, rising by 21% against the previous month. Over the period under review, the import price, however, saw a deep slump. Over the period under review, average import prices attained the peak figure at $2,311 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,186 per ton), while the price for Bulgaria ($602 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Refined or Synthetic Glycerol in Turkey (FOB) - 2022
The average refined or synthetic glycerol export price stood at $1,926 per ton in 2022, picking up by 33% against the previous year. Overall, the export price saw a strong expansion. The growth pace was the most rapid in 2021 when the average export price increased by 77%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($2,480 per ton), while the average price for exports to Greece ($956 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 Egypt (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined or Synthetic Glycerol in Turkey
Refined or synthetic glycerol imports into Turkey skyrocketed to 29K tons in 2022, surging by 73% on the previous year's figure. Over the period under review, imports posted a temperate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined or synthetic glycerol imports skyrocketed to $42M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Refined or Synthetic Glycerol in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 9.0 | 8.2 | 6.0 | 18.8 | 27.8% |
| Brazil | 2.2 | 3.7 | 3.5 | 4.5 | 26.9% |
| Netherlands | 0.2 | 0.4 | 1.7 | 3.3 | 154.6% |
| Bulgaria | 1.0 | 0.3 | 1.5 | 3.3 | 48.9% |
| Germany | 1.2 | 0.8 | 1.7 | 2.9 | 34.2% |
| Argentina | 1.3 | 0.7 | 0.8 | 2.7 | 27.6% |
| Poland | N/A | N/A | 0.9 | 1.4 | 55.6% |
| Indonesia | 0.7 | 0.5 | 0.2 | 0.7 | 0.0% |
| Spain | 0.3 | 0.5 | 0.4 | 0.1 | -30.7% |
| Others | 1.0 | 0.5 | 0.8 | 4.4 | 63.9% |
| Total | 17.0 | 15.5 | 17.4 | 42.0 | 35.2% |
Top Suppliers of Refined or Synthetic Glycerol to Turkey in 2022:
- Malaysia (9.6K tons)
- Argentina (3.7K tons)
- Brazil (3.0K tons)
- Bulgaria (2.7K tons)
- Netherlands (1.8K tons)
- Germany (1.3K tons)
- Poland (0.9K tons)
- Indonesia (0.4K tons)
- Spain (0.3K tons)
Exports of Refined or Synthetic Glycerol in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of refined or synthetic glycerol, which increased by 76% to 7.2K tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined or synthetic glycerol exports skyrocketed to $14M in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 189%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Refined or Synthetic Glycerol in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.1 | 136 | 108 | 3,575 | 3194.3% |
| Iraq | 350 | 229 | 1,449 | 2,680 | 97.1% |
| Iran | 396 | 193 | 344 | 1,576 | 58.5% |
| Germany | 9.7 | 90.5 | 85.9 | 945 | 360.1% |
| Azerbaijan | 351 | 198 | 459 | 596 | 19.3% |
| Israel | N/A | N/A | 129 | 524 | 306.2% |
| Egypt | 0.2 | N/A | 1,325 | 478 | 1237.0% |
| Portugal | N/A | N/A | 234 | 460 | 96.6% |
| Turkmenistan | 80.6 | 137 | 59.6 | 397 | 70.1% |
| Greece | 63.5 | 104 | 117 | 298 | 67.4% |
| North Macedonia | 141 | 136 | 200 | 249 | 20.9% |
| Sudan | N/A | N/A | N/A | 232 | 0% |
| Spain | N/A | 19.2 | 1.3 | 215 | 234.6% |
| Others | 305 | 811 | 1,434 | 1,720 | 78.0% |
| Total | 1,697 | 2,054 | 5,944 | 13,947 | 101.8% |
Top Export Markets for Refined or Synthetic Glycerol from Turkey in 2022:
- Russia (3313.3 tons)
- Iraq (1454.7 tons)
- Iran (833.7 tons)
- Germany (527.5 tons)
- Portugal (472.8 tons)
- Greece (312.4 tons)
- Turkmenistan (295.9 tons)
- Azerbaijan (294.4 tons)
- Israel (265.0 tons)
- Sudan (238.0 tons)
- Egypt (192.7 tons)
- Spain (168.1 tons)
- North Macedonia (150.3 tons)
This report provides an in-depth analysis of the market for refined or synthetic glycerol 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 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
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
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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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