Turkey - Carbides - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarbides Price in Turkey - 2023
Contents:
- Carbides Price in Turkey (CIF) - 2022
- Carbides Price in Turkey (FOB) - 2022
- Carbides Imports in Turkey
- Carbides Exports in Turkey
Carbides Price in Turkey (CIF) - 2022
The average carbides import price stood at $1,857 per ton in 2022, picking up by 58% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($5,161 per ton), while the price for Romania ($1,095 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbides Price in Turkey (FOB) - 2022
The average carbides export price stood at $3,070 per ton in 2022, declining by -17.9% against the previous year. Overall, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 210% against the previous year. As a result, the export price reached the peak level of $3,741 per ton, and then dropped significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($59,517 per ton), while the average price for exports to Djibouti ($949 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 Iran (+53.1%), while the prices for the other major destinations experienced more modest paces of growth.
Carbides Imports in Turkey
In 2022, after three years of growth, there was decline in purchases abroad of carbides, when their volume decreased by -3.2% to 25K tons. The total import volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of 26K tons, and then declined in the following year.
In value terms, carbides imports soared to $47M in 2022. In general, imports, however, saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Carbides in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.2 | 7.8 | 5.5 | 20.2 | 84.8% |
Iran | 2.2 | 2.1 | 4.6 | 7.9 | 53.1% |
Slovakia | 1.5 | 2.1 | 4.0 | 4.7 | 46.3% |
Russia | 2.8 | 3.1 | 3.6 | 4.7 | 18.8% |
South Africa | 1.1 | 1.9 | 0.9 | 2.1 | 24.1% |
Romania | 2.0 | 2.9 | 3.9 | 1.8 | -3.5% |
Ukraine | 1.8 | 0.4 | 1.7 | 1.0 | -17.8% |
Bulgaria | 3.2 | 2.0 | 3.5 | 0.5 | -46.1% |
Others | 2.6 | 2.3 | 3.1 | 4.0 | 15.4% |
Total | 20.4 | 24.7 | 30.8 | 47.0 | 32.1% |
Top Suppliers of Carbides to Turkey in 2022:
- China (8.9K tons)
- Iran (5.5K tons)
- Russia (3.2K tons)
- Slovakia (3.0K tons)
- Romania (1.6K tons)
- Ukraine (0.7K tons)
- South Africa (0.4K tons)
- Bulgaria (0.4K tons)
Carbides Exports in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of carbides, which increased by 23% to 233 tons in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbides exports stood at $716K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 269% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Carbides in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 6.9 | 14.3 | 401 | 306 | 254.0% |
Algeria | N/A | N/A | N/A | 152 | 0% |
Iran | 88.7 | 23.8 | N/A | 59.5 | -12.5% |
Ethiopia | N/A | N/A | N/A | 38.6 | 0% |
Djibouti | N/A | N/A | N/A | 17.1 | 0% |
Uzbekistan | N/A | N/A | N/A | 14.0 | 0% |
Cyprus | N/A | N/A | 4.6 | 11.2 | 143.5% |
Iraq | 16.2 | 37.8 | 13.8 | 0.3 | -73.5% |
France | N/A | N/A | 31.8 | 0.2 | -99.4% |
Georgia | 36.2 | 36.1 | 0.9 | 0.1 | -86.0% |
Bulgaria | N/A | N/A | 22.5 | N/A | 0% |
Kenya | 12.4 | N/A | 13.1 | N/A | 2.8% |
Libya | N/A | 24.0 | 29.9 | N/A | 24.6% |
Others | 114 | 56.5 | 193 | 116 | 0.6% |
Total | 274 | 193 | 711 | 716 | 37.7% |
Top Export Markets for Carbides from Turkey in 2022:
- Georgia (undefined tons)
- Bulgaria (undefined tons)
- Algeria (140.1 tons)
- Ethiopia (23.6 tons)
- Belgium (22.2 tons)
- Djibouti (18.0 tons)
- Uzbekistan (8.0 tons)
- Cyprus (6.8 tons)
- Iran (1.0 tons)
- Iraq (0.2 tons)
- France (0.1 tons)
This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined
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
-
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, carbides imports totaled $X in 2016. Overall, carbides imports continue to indicate a slight descent. Global carbides import peaked of $X in 2011; however, from 2012 to 2016, it ...
In value terms, carbides exports stood at $X in 2016. Overall, carbides exports continue to indicate a slight decrease. Over the period under review, global carbides exports reached its maximum lev...