Carbonates; Barium Carbonate Price in Turkey - 2023
Contents:
- Carbonates; Barium Carbonate Price in Turkey (CIF) - 2023
- Carbonates; Barium Carbonate Price in Turkey (FOB) - 2022
- Carbonates; Barium Carbonate Imports in Turkey
- Carbonates; Barium Carbonate Exports in Turkey
Carbonates; Barium Carbonate Price in Turkey (CIF) - 2023
The average carbonates; barium carbonate import price stood at $690 per ton in September 2023, with an increase of 12% against the previous month. In general, the import price, however, recorded a noticeable shrinkage. The import price peaked at $1,034 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was China ($715 per ton), while the price for India stood at $570 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (-3.0%).
Carbonates; Barium Carbonate Price in Turkey (FOB) - 2022
The average carbonates; barium carbonate export price stood at $1,251 per ton in 2022, reducing by -7.8% against the previous year. Over the period under review, the export price, however, posted a strong expansion. The growth pace was the most rapid in 2018 an increase of 358% against the previous year. As a result, the export price reached the peak level of $4,986 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($1,321 per ton), while the average price for exports to Libya ($733 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 Free Zones (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonates; Barium Carbonate Imports in Turkey
In 2022, imports of carbonates; barium carbonates into Turkey dropped to 6.1K tons, which is down by -12.6% on 2021 figures. Overall, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year. As a result, imports reached the peak of 6.9K tons, and then fell in the following year.
In value terms, carbonates; barium carbonate imports soared to $6.1M in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 175%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Carbonates; Barium Carbonate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 1.6 | 4.0 | 4.9 | 32.6% |
| India | N/A | 0.1 | 0.7 | 1.2 | 246.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 1.7 | 4.7 | 6.1 | 42.7% |
Top Suppliers of Carbonates; Barium Carbonate to Turkey in 2022:
- China (4.8K tons)
- India (1.2K tons)
Carbonates; Barium Carbonate Exports in Turkey
Carbonates; barium carbonate exports from Turkey surged to 98 tons in 2022, increasing by 43% against the year before. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 348% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, carbonates; barium carbonate exports surged to $123K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 361% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Carbonates; Barium Carbonate in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | N/A | N/A | N/A | 71.5 | 0% |
| Uzbekistan | 16.5 | 16.0 | 86.3 | 40.5 | 34.9% |
| Libya | N/A | N/A | N/A | 4.1 | 0% |
| Morocco | N/A | N/A | N/A | 2.5 | 0% |
| Turkmenistan | N/A | 3.8 | N/A | N/A | 0% |
| Azerbaijan | 0.8 | 0.4 | 3.7 | N/A | 115.1% |
| Others | N/A | N/A | 3.0 | 4.0 | 33.3% |
| Total | 17.3 | 20.2 | 93.0 | 123 | 92.3% |
Top Export Markets for Carbonates; Barium Carbonate from Turkey in 2022:
- Azerbaijan (undefined tons)
- Algeria (54.1 tons)
- Uzbekistan (32.0 tons)
- Libya (5.6 tons)
- Morocco (2.8 tons)
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