Turkey: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Turkey

The Turkish halogenated hydrocarbon derivative market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption posted a buoyant increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Halogenated Hydrocarbon Derivative Production in Turkey

In value terms, halogenated hydrocarbon derivative production fell to $X in 2022 estimated in export price. In general, production saw a significant increase. The growth pace was the most rapid in 2018 with an increase of X%. Halogenated hydrocarbon derivative production peaked at $X in 2019; afterwards, it flattened through to 2022.

Halogenated Hydrocarbon Derivative Exports

Exports from Turkey

Halogenated hydrocarbon derivative exports from Turkey soared to X tons in 2022, with an increase of X% against the previous year's figure. In general, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, halogenated hydrocarbon derivative exports soared to $X in 2022. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Russia (X tons), Uzbekistan (X tons) and Iran (X tons) were the main destinations of halogenated hydrocarbon derivative exports from Turkey, together accounting for X% of total exports. Mexico, Greece, Malaysia, India, the United Arab Emirates, Romania, Belgium, Azerbaijan, Algeria and Kazakhstan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Mexico ($X) and Iran ($X) constituted the largest markets for halogenated hydrocarbon derivative exported from Turkey worldwide, together accounting for X% of total exports. Uzbekistan, Malaysia, Romania, Belgium, Azerbaijan, Kazakhstan, the United Arab Emirates, Greece, India and Algeria lagged somewhat behind, together comprising a further X%.

Malaysia, with a CAGR of X%, saw 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

The average halogenated hydrocarbon derivative export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated a slight increase 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, halogenated hydrocarbon derivative export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to India ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Halogenated Hydrocarbon Derivative Imports

Imports into Turkey

In 2022, purchases abroad of halogenated derivatives of hydrocarbons increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated strong growth from 2012 to 2022: its volume 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, halogenated hydrocarbon derivative imports soared to $X in 2022. In general, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and France (X tons) were the main suppliers of halogenated hydrocarbon derivative imports to Turkey, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the largest halogenated hydrocarbon derivative suppliers to Turkey, together comprising X% of total imports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 halogenated hydrocarbon derivative import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a pronounced increase 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, halogenated hydrocarbon derivative import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :