Turkey - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in Turkey - 2023
Contents:
- Sodium Triphosphate Price in Turkey (CIF) - 2023
- Sodium Triphosphate Price in Turkey (FOB) - 2022
- Sodium Triphosphate Imports in Turkey
- Sodium Triphosphate Exports in Turkey
Sodium Triphosphate Price in Turkey (CIF) - 2023
The average sodium triphosphate import price stood at $1,283 per ton in September 2023, surging by 13% against the previous month. Overall, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in December 2022 an increase of 28% against the previous month. As a result, import price reached the peak level of $1,920 per ton. From January 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,129 per ton), while the price for Russia ($1,029 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Triphosphate Price in Turkey (FOB) - 2022
The average sodium triphosphate export price stood at $2,092 per ton in 2022, jumping by 80% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($2,927 per ton), while the average price for exports to Angola ($1,500 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 Georgia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Triphosphate Imports in Turkey
In 2022, overseas purchases of sodium triphosphate (sodium tripolyphosphates) decreased by -22.9% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.4% 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 +31.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 31%. As a result, imports reached the peak of 5K tons, and then shrank rapidly in the following year.
In value terms, sodium triphosphate imports surged to $6.1M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Sodium Triphosphate in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 210 | 465 | 1,349 | 2,322 | 122.8% |
| China | 713 | 642 | 960 | 1,421 | 25.8% |
| Tunisia | 1,154 | 1,731 | 1,993 | 1,411 | 6.9% |
| Belgium | 606 | 487 | 641 | 675 | 3.7% |
| Germany | 90.9 | 110 | 29.7 | 128 | 12.1% |
| Serbia | N/A | N/A | N/A | 93.2 | 0% |
| Others | 147 | 223 | 140 | 28.7 | -42.0% |
| Total | 2,920 | 3,658 | 5,112 | 6,079 | 27.7% |
Top Suppliers of Sodium Triphosphate to Turkey in 2022:
- Russia (1754.6 tons)
- Tunisia (907.7 tons)
- China (722.9 tons)
- Belgium (342.4 tons)
- Serbia (64.6 tons)
- Germany (62.7 tons)
Sodium Triphosphate Exports in Turkey
In 2022, approx. 70 tons of sodium triphosphate (sodium tripolyphosphates) were exported from Turkey; jumping by 34% against the previous year's figure. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 87%. As a result, the exports attained the peak of 72 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sodium triphosphate exports skyrocketed to $147K in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sodium Triphosphate in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 0.2 | N/A | 1.3 | 43.7 | 502.3% |
| Georgia | 1.4 | 0.8 | 2.4 | 28.8 | 174.0% |
| Azerbaijan | 6.7 | 22.5 | 10.0 | 23.1 | 51.1% |
| Serbia | N/A | 5.7 | 6.5 | 12.8 | 49.9% |
| Syrian Arab Republic | N/A | N/A | N/A | 10.2 | 0% |
| Algeria | N/A | 1.5 | N/A | 8.3 | 135.2% |
| Iran | N/A | N/A | N/A | 3.8 | 0% |
| Angola | N/A | N/A | N/A | 3.0 | 0% |
| Iraq | 30.3 | 46.7 | N/A | 0.2 | -81.2% |
| Belgium | 11.8 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 8.9 | N/A | N/A | 0% |
| Others | 7.2 | 6.3 | 40.9 | 13.5 | 23.3% |
| Total | 57.6 | 92.3 | 61.2 | 147 | 36.7% |
Top Export Markets for Sodium Triphosphate from Turkey in 2022:
- Egypt (25.0 tons)
- Azerbaijan (13.6 tons)
- Georgia (9.8 tons)
- Syrian Arab Republic (5.0 tons)
- Serbia (4.5 tons)
- Algeria (3.4 tons)
- Angola (2.0 tons)
- Iran (2.0 tons)
- Iraq (0.1 tons)
This report provides an in-depth analysis of the sodium triphosphate market 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)
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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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
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The price of Dicalcium Phosphate in July 2023 was $639 per ton (FOB, Turkey), recording a decrease of -8.6% compared to the previous month.
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
