Turkey: Cadmium Market 2024

Cadmium Market Size in Turkey

The Turkish cadmium market surged to $X in 2022, growing by X% against the previous year. Overall, consumption enjoyed a slight expansion. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Cadmium Production in Turkey

In value terms, cadmium production stood at $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X,300% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Cadmium Exports

Exports from Turkey

After seven years of decline, overseas shipments of cadmium and articles thereof decreased by X% to X kg in 2022. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, cadmium exports reduced markedly to $X in 2022. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Cyprus (X kg), Iran (X kg) and Syrian Arab Republic (X kg) were the main destinations of cadmium exports from Turkey, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Azerbaijan ($X) and Georgia ($X) appeared to be the largest markets for cadmium exported from Turkey worldwide, with a combined X% share of total exports.

Iran, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cadmium export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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 Pakistan ($X per ton), while the average price for exports to Cyprus ($X 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 Pakistan (X%), while the prices for the other major destinations experienced a decline.

Cadmium Imports

Imports into Turkey

Cadmium imports into Turkey surged to X tons in 2022, growing by X% against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, cadmium imports surged to $X in 2022. Overall, imports showed a measured increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Peru (X tons), China (X tons) and South Korea (X tons) were the main suppliers of cadmium imports to Turkey, together accounting for X% of total imports. Italy, India, Germany and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), China ($X) and South Korea ($X) constituted the largest cadmium suppliers to Turkey, together comprising X% of total imports. The United States, Germany, Italy and India lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cadmium import price amounted to $X per ton, reducing by X% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cadmium import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :