Turkey - Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Turkey - 2023
Contents:
- Price for Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey (CIF) - 2023
- Price for Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey (FOB) - 2022
- Imports of Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey
- Exports of Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey
Price for Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey (CIF) - 2023
In November 2023, the average import price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $2,288 per ton, waning by -83.6% against the previous month. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 480% m-o-m. Over the period under review, average import prices reached the maximum at $22,375 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($4,512 per ton), while the price for Belgium ($1,327 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (-4.4%), while the prices for the other major suppliers experienced a decline.
Price for Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey (FOB) - 2022
In 2022, the average export price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $4,017 per ton, growing by 2.5% against the previous year. Overall, the export price, however, saw a mild setback. The growth pace was the most rapid in 2021 when the average export price increased by 133%. Over the period under review, the average export prices hit record highs at $4,680 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($20,490 per ton), while the average price for exports to Latvia ($1,806 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey
In 2022, overseas purchases of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives decreased by -5.2% to 493 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of 527 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives rose slightly to $1.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 30%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 338 | 491 | 440 | 450 | 10.0% |
Belgium | 226 | 291 | 285 | 312 | 11.3% |
Mexico | 118 | 105 | 240 | 254 | 29.1% |
Spain | 60.2 | 80.4 | 136 | 141 | 32.8% |
Italy | 16.2 | 81.3 | 253 | 23.9 | 13.8% |
Others | 159 | 144 | 144 | 349 | 30.0% |
Total | 917 | 1,193 | 1,498 | 1,529 | 18.6% |
Top Suppliers of Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives to Turkey in 2022:
- Germany (245.8 tons)
- Belgium (211.5 tons)
- Spain (8.3 tons)
- Mexico (8.2 tons)
- Italy (4.8 tons)
Exports of Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey
In 2022, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Turkey skyrocketed to 4.6 tons, with an increase of 33% on 2021 figures. In general, exports, however, faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 354%.
In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives skyrocketed to $18K in 2022. Overall, exports posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 956%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
Export of Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 6.7 | 0% |
Azerbaijan | N/A | N/A | N/A | 5.1 | 0% |
South Africa | N/A | N/A | N/A | 2.0 | 0% |
Iran | N/A | N/A | 7.0 | 1.6 | -77.1% |
Latvia | N/A | N/A | N/A | 1.2 | 0% |
Spain | N/A | N/A | N/A | 1.1 | 0% |
Cyprus | 0.8 | 0.8 | N/A | N/A | 0.0% |
United Arab Emirates | 12.2 | N/A | N/A | N/A | 0% |
Romania | N/A | 0.2 | 0.9 | N/A | 350.0% |
Ukraine | N/A | N/A | 2.1 | N/A | 0% |
Others | 0.3 | 0.3 | 3.4 | 0.5 | 18.6% |
Total | 13.3 | 1.3 | 13.4 | 18.3 | 11.2% |
Top Export Markets for Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives from Turkey in 2022:
- Azerbaijan (2600.0 kg)
- Russia (901.0 kg)
- Latvia (660.0 kg)
- Iran (190.0 kg)
- South Africa (100.0 kg)
- Spain (75.0 kg)
This report provides an in-depth analysis of the market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives 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 20146380 - Acetals and hemiacetals and their halogenated, sulphonated, n itrated or nitrosated derivatives
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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