Turkey - Melamine Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMelamine Resins Price in Turkey - 2023
Contents:
- Melamine Resins Price in Turkey (CIF) - 2023
- Melamine Resins Price in Turkey (FOB) - 2023
- Melamine Resins Imports in Turkey
- Melamine Resins Exports in Turkey
Melamine Resins Price in Turkey (CIF) - 2023
The average melamine resins import price stood at $2,144 per ton in July 2023, remaining stable against the previous month. Overall, the import price recorded a mild reduction. The growth pace was the most rapid in May 2023 an increase of 51% month-to-month. The import price peaked at $3,280 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($3,195 per ton), while the price for China ($1,318 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Norway (-0.3%), while the prices for the other major suppliers experienced a decline.
Melamine Resins Price in Turkey (FOB) - 2023
The average melamine resins export price stood at $630 per ton in July 2023, growing by 12% against the previous month. Over the period under review, the export price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 17% m-o-m. Over the period under review, the average export prices reached the maximum at $910 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($2,650 per ton), while the average price for exports to Greece ($424 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.3%), while the prices for the other major destinations experienced a decline.
Melamine Resins Imports in Turkey
After three years of growth, supplies from abroad of melamine resins in primary forms decreased by -2.8% to 8.8K tons in 2022. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 9.1K tons, and then fell modestly in the following year.
In value terms, melamine resins imports soared to $24M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Melamine Resins in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 2.9 | 3.2 | 3.5 | 5.1 | 20.7% |
China | 0.5 | 1.5 | 3.0 | 4.6 | 109.5% |
Germany | 3.2 | 3.9 | 4.3 | 4.5 | 12.0% |
Slovenia | 1.7 | 1.5 | 2.8 | 3.5 | 27.2% |
Thailand | 2.2 | 1.0 | 2.5 | 1.4 | -14.0% |
Netherlands | 0.1 | 0.1 | 0.6 | 1.2 | 128.9% |
Taiwan (Chinese) | 0.7 | 1.1 | 1.1 | 1.0 | 12.6% |
Egypt | 0.6 | 0.4 | 0.2 | 0.2 | -30.7% |
Others | 2.3 | 2.0 | 2.4 | 3.1 | 10.5% |
Total | 14.3 | 14.5 | 20.5 | 24.5 | 19.7% |
Top Suppliers of Melamine Resins to Turkey in 2022:
- China (2242.5 tons)
- Norway (1567.7 tons)
- Germany (1549.4 tons)
- Slovenia (1280.6 tons)
- Thailand (627.4 tons)
- Netherlands (348.8 tons)
- Taiwan (Chinese) (282.0 tons)
- Egypt (58.3 tons)
Melamine Resins Exports in Turkey
Melamine resins exports from Turkey contracted significantly to 18K tons in 2022, which is down by -43.6% compared with the previous year's figure. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 31K tons, and then contracted sharply in the following year.
In value terms, melamine resins exports dropped to $16M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 +48.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year. As a result, the exports reached the peak of $19M, and then fell in the following year.
Export of Melamine Resins in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 2.8 | 2.2 | 4.9 | 6.2 | 30.3% |
Bulgaria | 6.9 | 5.5 | 10.4 | 6.1 | -4.0% |
Italy | 1.0 | 0.6 | 1.2 | 1.8 | 21.6% |
Russia | N/A | N/A | 0.1 | 0.9 | 800.0% |
Israel | N/A | 0.3 | 0.7 | 0.7 | 52.8% |
Romania | 1.2 | 1.6 | 0.5 | N/A | -35.5% |
Others | 0.7 | 0.7 | 1.1 | 0.8 | 4.6% |
Total | 12.6 | 11.0 | 19.0 | 16.4 | 9.2% |
Top Export Markets for Melamine Resins from Turkey in 2022:
- Greece (9.7K tons)
- Bulgaria (6.2K tons)
- Italy (0.8K tons)
- Israel (0.6K tons)
- Russia (0.3K tons)
This report provides an in-depth analysis of the melamine resins 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 20165570 - Melamine resins, in primary forms
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
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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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