Turkey - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Hydroxide Price in Turkey - 2023
Contents:
- Potassium Hydroxide Price in Turkey (CIF) - 2023
- Potassium Hydroxide Price in Turkey (FOB) - 2022
- Potassium Hydroxide Imports in Turkey
- Potassium Hydroxide Exports in Turkey
Potassium Hydroxide Price in Turkey (CIF) - 2023
In September 2023, the average potassium hydroxide import price amounted to $1,009 per ton, reducing by -17.2% against the previous month. In general, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in June 2023 an increase of 20% month-to-month. Over the period under review, average import prices reached the maximum at $2,085 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($966 per ton), while the price for Italy ($796 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Russia (-2.5%), while the prices for the other major suppliers experienced a decline.
Potassium Hydroxide Price in Turkey (FOB) - 2022
The average potassium hydroxide export price stood at $934 per ton in 2022, declining by -17.9% against the previous year. Overall, the export price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 79%. Over the period under review, the average export prices attained the maximum at $1,247 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($2,220 per ton), while the average price for exports to Greece ($523 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 Iraq (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Potassium Hydroxide Imports in Turkey
After three years of growth, purchases abroad of potassium hydroxide (caustic potash) decreased by -13.6% to 17K tons in 2022. Overall, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 78%. As a result, imports attained the peak of 19K tons, and then dropped in the following year.
In value terms, potassium hydroxide imports skyrocketed to $24M in 2022. In general, imports, however, continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Potassium Hydroxide in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 5.3 | 3.9 | 6.5 | 18.0 | 50.3% |
Russia | 2.6 | 1.7 | 0.7 | 4.0 | 15.4% |
China | 0.1 | 0.4 | 0.7 | 1.2 | 128.9% |
United States | 2.8 | 1.0 | 0.1 | 0.1 | -67.1% |
Germany | 0.1 | 0.1 | 1.5 | 0.1 | 0.0% |
Belgium | N/A | 1.5 | 2.8 | 0.1 | -74.2% |
Others | 1.6 | 0.7 | 0.8 | 0.3 | -42.8% |
Total | 12.4 | 9.2 | 13.1 | 23.9 | 24.4% |
Top Suppliers of Potassium Hydroxide to Turkey in 2022:
- United States (undefinedK tons)
- South Korea (12.7K tons)
- Russia (2.5K tons)
- China (0.8K tons)
- Germany (0.3K tons)
- Belgium (0.2K tons)
Potassium Hydroxide Exports in Turkey
In 2022, the amount of potassium hydroxide (caustic potash) exported from Turkey skyrocketed to 2.5K tons, jumping by 425% compared with the previous year's figure. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, potassium hydroxide exports surged to $2.4M in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Potassium Hydroxide in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 120 | 127 | 90.0 | 625 | 73.3% |
Croatia | N/A | N/A | N/A | 531 | 0% |
Netherlands | N/A | N/A | N/A | 251 | 0% |
Finland | N/A | N/A | N/A | 133 | 0% |
Israel | N/A | N/A | 0.2 | 110 | 54900.0% |
Serbia | N/A | 0.9 | 0.8 | 91.7 | 909.4% |
Czech Republic | N/A | N/A | N/A | 86.9 | 0% |
Iran | 420 | 197 | 271 | 81.4 | -42.1% |
Moldova | N/A | N/A | N/A | 78.7 | 0% |
Hungary | N/A | N/A | N/A | 75.6 | 0% |
Iraq | 3.1 | 6.5 | 26.5 | 64.7 | 175.3% |
Austria | N/A | N/A | N/A | 50.5 | 0% |
Ukraine | N/A | N/A | N/A | 41.6 | 0% |
Others | 239 | 131 | 163 | 154 | -13.6% |
Total | 782 | 463 | 552 | 2,375 | 44.8% |
Top Export Markets for Potassium Hydroxide from Turkey in 2022:
- Greece (1196.4 tons)
- Croatia (427.0 tons)
- Netherlands (200.0 tons)
- Serbia (99.2 tons)
- Israel (94.5 tons)
- Moldova (72.0 tons)
- Hungary (72.0 tons)
- Finland (60.0 tons)
- Iraq (57.4 tons)
- Ukraine (52.0 tons)
- Czech Republic (48.0 tons)
- Austria (48.0 tons)
- Iran (44.2 tons)
This report provides an in-depth analysis of the potassium hydroxide 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 20132530 - Potassium hydroxide (caustic potash)
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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