Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey (FOB) - 2024
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey (CIF) - 2022
  3. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey
  4. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey (FOB) - 2024

The average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,489 per ton in September 2023, with a decrease of -5% against the previous month. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in February 2023 when the average export price increased by 2.7% month-to-month. As a result, the export price reached the peak level of $1,841 per ton. From March 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Russia ($2,323 per ton), while the average price for exports to Guatemala ($1,265 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (0.0%), while the prices for the other major destinations experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $2,145 per ton in 2022, which is down by -20.1% against the previous year. Over the period under review, the import price, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2021 an increase of 179%. As a result, import price reached the peak level of $2,685 per ton, and then contracted rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($2,153 per ton), while the price for China amounted to $2,046 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%).

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey

In 2022, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses from Turkey expanded significantly to 13K tons, picking up by 15% against 2021. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 147%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses soared to $28M in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 139%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1.46.916.410.193.2%
Algeria1.62.72.35.450.0%
RussiaN/AN/AN/A4.30%
MoroccoN/A0.10.72.0347.2%
United Kingdom1.50.91.51.3-4.7%
IrelandN/A0.1N/A1.2246.4%
CanadaN/A0.20.20.9112.1%
ItalyN/AN/A0.20.9350.0%
Others0.51.11.61.750.4%
Total5.112.123.027.876.0%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Turkey in 2022:

  1. Egypt (5.2K tons)
  2. Algeria (2.6K tons)
  3. Russia (1.6K tons)
  4. Morocco (1.0K tons)
  5. United Kingdom (0.6K tons)
  6. Ireland (0.6K tons)
  7. Canada (0.5K tons)
  8. Italy (0.5K tons)

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey

In 2022, after two years of decline, there was significant growth in purchases abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses, when their volume increased by 573% to 411 tons. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses skyrocketed to $882K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A8230%
China51.421.145.057.23.6%
South Korea16474.0N/AN/A-54.9%
UzbekistanN/A28.4N/AN/A0%
ItalyN/AN/A118N/A0%
Others1.82.61.41.6-3.9%
Total21812616488259.3%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Turkey in 2022:

  1. Egypt (382.1 tons)
  2. China (28.0 tons)

Source: IndexBox Market Intelligence Platform

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