Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey - 2024

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey (CIF) - 2022
  2. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $7,607 per ton, picking up by 5.6% against the previous year. In general, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2016 an increase of 45%. The import price peaked at $11,023 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,745 per ton), while the price for France ($5,487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $9,887 per ton in 2022, rising by 78% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 189%. As a result, the export price attained the peak level of $36,424 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +4.5% per year.

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey

In 2022, approx. 197 tons of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses were imported into Turkey; which is down by -16.1% against the previous year's figure. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.6% 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 +47.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of 235 tons, and then declined sharply in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted to $1.5M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +44.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63%. As a result, imports reached the peak of $1.7M, and then contracted in the following year.

Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India32539533361523.7%
China339261501273-7.0%
Germany12115048225928.9%
France33.984.593.611952.0%
Italy23673.315870.0-33.3%
Netherlands56.120.777.069.67.5%
Spain51.639.536.662.16.4%
Others9.016.614.433.955.6%
Total1,1711,0401,6941,5028.7%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Turkey in 2022:

  1. India (74.8 tons)
  2. China (48.9 tons)
  3. Germany (22.1 tons)
  4. France (21.7 tons)
  5. Netherlands (9.8 tons)
  6. Spain (9.7 tons)
  7. Italy (9.5 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey

After three years of growth, overseas shipments of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses decreased by -92% to 767 kg in 2022. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 864% against the previous year. As a result, the exports reached the peak of 9.6 tons, and then declined dramatically in the following year.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses dropped remarkably to $7.6K in 2022. Overall, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 669% against the previous year. As a result, the exports reached the peak of $53K, and then reduced remarkably in the following year.

Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A7.50%
Austria4.75.521.9N/A115.9%
FranceN/AN/A1.1N/A0%
AzerbaijanN/AN/A28.5N/A0%
IranN/A1.31.6N/A23.1%
OthersN/A0.1N/AN/A0%
Total4.76.953.07.617.4%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Turkey in 2022:

  1. Russia (765.0 kg)

Source: IndexBox Market Intelligence Platform

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