Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey - 2023
Contents:
- Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey (CIF) - 2023
- Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey (FOB) - 2022
- Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey
- Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey
Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey (CIF) - 2023
The average import price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) stood at $1,461 per ton in December 2023, standing approximately at the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 10% month-to-month. The import price peaked at $1,737 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Sweden ($1,527 per ton), while the price for China ($1,313 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey (FOB) - 2022
The average export price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) stood at $4,411 per ton in 2022, surging by 17% against the previous year. Overall, the export price showed a mild increase. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Azerbaijan.
From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +1.6% per year.
Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey
In 2022, after three years of growth, there was significant decline in overseas purchases of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane), when their volume decreased by -7.8% to 1.9K tons. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 4.8% against the previous year.
In value terms, imports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) reduced to $6M in 2022. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 97%. As a result, imports reached the peak of $6.5M, and then dropped in the following year.
| Import of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 0.1 | 2.9 | 2.6 | 135.1% |
| Sweden | 2.3 | 2.2 | 2.3 | 2.1 | -3.0% |
| Germany | 1.3 | 0.9 | 1.4 | 1.3 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.8 | 3.3 | 6.5 | 6.0 | 16.4% |
Top Suppliers of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) to Turkey in 2022:
- Sweden (915.0 tons)
- China (568.8 tons)
- Germany (451.1 tons)
Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey
In 2022, exports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) from Turkey soared to 8.8 tons, jumping by 486% on 2021. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) soared to $39K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 2.4 | 0.1 | 2.7 | 38.8 | 152.9% |
| Iran | N/A | 9.6 | N/A | N/A | 0% |
| Afghanistan | N/A | N/A | 8.5 | N/A | 0% |
| Others | N/A | 0.4 | -5.6 | N/A | -1500.0% |
| Total | 2.4 | 10.0 | 5.6 | 38.8 | 152.9% |
Top Export Markets for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) from Turkey in 2022:
- Azerbaijan (8.8 tons)
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