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Turkey - Carbon Dioxide - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarbon Dioxide Price in Turkey - 2023
Contents:
- Carbon Dioxide Price in Turkey (FOB) - 2023
- Carbon Dioxide Price in Turkey (CIF) - 2022
- Carbon Dioxide Exports in Turkey
- Carbon Dioxide Imports in Turkey
Carbon Dioxide Price in Turkey (FOB) - 2023
The average carbon dioxide export price stood at $175 per ton in September 2023, leveling off at the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 14% m-o-m. As a result, the export price attained the peak level of $197 per ton. From August 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Azerbaijan ($338 per ton), while the average price for exports to Lebanon ($156 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Carbon Dioxide Price in Turkey (CIF) - 2022
In 2022, the average carbon dioxide import price amounted to $10,850 per ton, standing approx. at the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbon dioxide import price decreased by -10.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 152%. The import price peaked at $13,272 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($31,148 per ton), while the price for the United Arab Emirates ($1,310 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbon Dioxide Exports in Turkey
In 2022, shipments abroad of carbon dioxide decreased by -5.1% to 43K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year.
In value terms, carbon dioxide exports soared to $5.9M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Carbon Dioxide in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 721 | 1,708 | 1,913 | 2,431 | 50.0% |
Lebanon | 1,266 | 805 | 982 | 1,233 | -0.9% |
Azerbaijan | 128 | 201 | 238 | 595 | 66.9% |
Georgia | 357 | 91.7 | 365 | 527 | 13.9% |
Israel | 1,298 | 853 | 477 | 397 | -32.6% |
Cyprus | 154 | 97.3 | 103 | 188 | 6.9% |
Others | 10.7 | 10.3 | 36.8 | 564 | 274.9% |
Total | 3,935 | 3,767 | 4,115 | 5,935 | 14.7% |
Top Export Markets for Carbon Dioxide from Turkey in 2022:
- Iraq (20.9K tons)
- Lebanon (12.6K tons)
- Georgia (3.3K tons)
- Azerbaijan (2.3K tons)
- Israel (1.8K tons)
- Cyprus (1.2K tons)
Carbon Dioxide Imports in Turkey
In 2022, approx. 45 tons of carbon dioxide were imported into Turkey; surging by 2% compared with the previous year. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 130%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, carbon dioxide imports rose to $492K in 2022. In general, imports posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Carbon Dioxide in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 115 | 35.1 | 62.1 | 106 | -2.7% |
Germany | 42.1 | 48.1 | 56.5 | 82.3 | 25.0% |
United Kingdom | 5.0 | 25.6 | 21.3 | 68.6 | 139.4% |
China | 25.4 | 3.6 | 151 | 52.0 | 27.0% |
Hungary | 87.9 | 8.1 | 2.9 | 28.5 | -31.3% |
Czech Republic | 13.7 | 3.9 | 26.7 | 28.4 | 27.5% |
Taiwan (Chinese) | 39.6 | 55.1 | 91.3 | 20.9 | -19.2% |
United Arab Emirates | N/A | 0.1 | 2.5 | 16.6 | 1188.4% |
France | 6.2 | 5.4 | 7.8 | 1.6 | -36.3% |
Others | 34.4 | 49.9 | 56.2 | 86.7 | 36.1% |
Total | 369 | 235 | 478 | 492 | 10.1% |
Top Suppliers of Carbon Dioxide to Turkey in 2022:
- United Arab Emirates (12.6 tons)
- Germany (6.3 tons)
- United Kingdom (4.8 tons)
- Hungary (4.5 tons)
- Czech Republic (4.2 tons)
- United States (3.4 tons)
- China (2.9 tons)
- Taiwan (Chinese) (2.4 tons)
- France (0.4 tons)
This report provides an in-depth analysis of the carbon dioxide 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 20111230 - Carbon dioxide
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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