Price for Sulphites; Other than of Sodium in Turkey - 2024
Contents:
- Price for Sulphites; Other than of Sodium in Turkey (CIF) - 2022
- Price for Sulphites; Other than of Sodium in Turkey (FOB) - 2022
- Imports of Sulphites; Other than of Sodium in Turkey
- Exports of Sulphites; Other than of Sodium in Turkey
Price for Sulphites; Other than of Sodium in Turkey (CIF) - 2022
The average import price for sulphites; other than of sodia stood at $999 per ton in 2022, which is down by -10.4% against the previous year. Overall, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $1,485 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,355 per ton), while the price for Italy totaled $976 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced a decline.
Price for Sulphites; Other than of Sodium in Turkey (FOB) - 2022
The average export price for sulphites; other than of sodia stood at $2,489 per ton in 2022, picking up by 111% against the previous year. Overall, the export price posted a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($9,804 per ton), while the average price for exports to Iran ($484 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 Mexico (+46.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Sulphites; Other than of Sodium in Turkey
For the fourth year in a row, Turkey recorded growth in overseas purchases of sulphites; other than of sodia, which increased by 1,195% to 4.9K tons in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; other than of sodium imports skyrocketed to $4.9M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Other than of Sodium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 36.4 | 144 | 189 | 4,586 | 401.3% |
| Germany | 120 | 132 | 147 | 200 | 18.6% |
| Others | 126 | 60.4 | 84.5 | 84.4 | -12.5% |
| Total | 283 | 336 | 420 | 4,871 | 158.2% |
Top Suppliers of Sulphites; Other than of Sodium to Turkey in 2022:
- Italy (4.7K tons)
- Germany (0.1K tons)
Exports of Sulphites; Other than of Sodium in Turkey
In 2022, approx. 245 tons of sulphites; other than of sodia were exported from Turkey; jumping by 69% on the previous year. In general, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; other than of sodium exports soared to $610K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sulphites; Other than of Sodium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 521 | 0% |
| Bangladesh | 100 | 115 | 147 | 45.3 | -23.2% |
| Uzbekistan | 1.6 | 2.0 | 10.1 | 19.3 | 129.3% |
| Turkmenistan | 5.5 | 3.4 | N/A | 10.0 | 22.1% |
| Iran | 0.2 | N/A | 0.4 | 2.7 | 138.1% |
| Others | 3.5 | 16.9 | 13.5 | 11.7 | 49.5% |
| Total | 111 | 137 | 171 | 610 | 76.5% |
Top Export Markets for Sulphites; Other than of Sodium from Turkey in 2022:
- Russia (183.0 tons)
- Bangladesh (25.0 tons)
- Turkmenistan (16.6 tons)
- Uzbekistan (12.6 tons)
- Iran (5.6 tons)
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In July 2023, the exports of Sulphites experienced the highest growth rate, with a remarkable increase of 43% compared to the previous month. By September 2023, the value of Sulphites exports had rapidly expanded to $1.5M.
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