Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey - 2024
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Turkey
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 325 | 395 | 333 | 615 | 23.7% |
China | 339 | 261 | 501 | 273 | -7.0% |
Germany | 121 | 150 | 482 | 259 | 28.9% |
France | 33.9 | 84.5 | 93.6 | 119 | 52.0% |
Italy | 236 | 73.3 | 158 | 70.0 | -33.3% |
Netherlands | 56.1 | 20.7 | 77.0 | 69.6 | 7.5% |
Spain | 51.6 | 39.5 | 36.6 | 62.1 | 6.4% |
Others | 9.0 | 16.6 | 14.4 | 33.9 | 55.6% |
Total | 1,171 | 1,040 | 1,694 | 1,502 | 8.7% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Turkey in 2022:
- India (74.8 tons)
- China (48.9 tons)
- Germany (22.1 tons)
- France (21.7 tons)
- Netherlands (9.8 tons)
- Spain (9.7 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 7.5 | 0% |
Austria | 4.7 | 5.5 | 21.9 | N/A | 115.9% |
France | N/A | N/A | 1.1 | N/A | 0% |
Azerbaijan | N/A | N/A | 28.5 | N/A | 0% |
Iran | N/A | 1.3 | 1.6 | N/A | 23.1% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 4.7 | 6.9 | 53.0 | 7.6 | 17.4% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Turkey in 2022:
- Russia (765.0 kg)
This report provides an in-depth analysis of the market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts in Turkey.
This report provides an in-depth analysis of the polycarboxylic acid market in Turkey.
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Turkey.
This report provides an in-depth analysis of the maleic anhydride market in Turkey.
This report provides an in-depth analysis of the orthophthalic acid esters market in Turkey.
This report provides an in-depth analysis of the market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Turkey.
This report provides an in-depth analysis of the adipic acid market in Turkey.
This report provides an in-depth analysis of the global market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts.
This report provides an in-depth analysis of the global polycarboxylic acid market.
This report provides an in-depth analysis of the global market for phthalic anhydride and terephthalic acid.
Imports of Polycarboxylic Acid peaked and are anticipated to keep growing in the near future, with a value of $1.9B in 2023.
In September 2022, the polycarboxylic acid price amounted to $1,177 per ton (CIF, Turkey), picking up by 3.5% against the previous month.
Turkey featured a record growth of polycarboxylic acid imports over the past decade. From 2010 to 2020, imports surged fourfold in physical terms and twofold in value terms. In 2020, the supplies to Turkey rose by +41% y-o-y to 1.4M tons. South Korea remains the largest supplier of polycarboxylic acids, accounting for 41% of Turkey’s imports. The average polycarboxylic acid import price fell by -36% y-o-y to $599 per ton in 2020.
Imports of Maleic Anhydride peaked at 104K tons in 2022 before slightly decreasing in the subsequent year. In terms of value, the imports of maleic anhydride significantly dropped to $99M in 2023.
In August 2022, the import growth of Maleic Anhydride was incredibly rapid, with a 140% increase compared to the previous month. However, in July 2023, the value of Maleic Anhydride imports significantly decreased to $4M.
Global demand for polycarboxylic acids is projected to increase over the next seven years, with market volume expected to reach 32M tons by 2030. Market performance is forecasted to expand with an anticipated CAGR of +1.8% from 2023 to 2030, reaching a market value of $42.3B by the end of 2030. Key consuming countries include the United States, China, and India, with Belgium showing the highest rates of growth in consumption.
Explore the top import markets for Polycarboxylic Acid in 2023, including Turkey, India, the United States, and more. Learn about the key statistics and trends driving the global demand for this essential chemical compound.
The global polycarboxylic acid market revenue amounted to $42.8B in 2018, rising by 3.5% against the previous year....
Global polycarboxylic acid imports totaled X tons in 2016, descending by -X% against the previous year level. In general, polycarboxylic acid imports continue to indicate a pronounced curtailmen...
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid and their key statistics. Discover the countries with the highest import values for these chemical compounds. Learn how Turkey, India, and Vietnam dominate the market.