Price for Alkali Metals; Other than Sodium in Turkey - 2024

Contents:

  1. Price for Alkali Metals; Other than Sodium in Turkey (CIF) - 2022
  2. Price for Alkali Metals; Other than Sodium in Turkey (FOB) - 2022
  3. Imports of Alkali Metals; Other than Sodium in Turkey
  4. Exports of Alkali Metals; Other than Sodium in Turkey

Price for Alkali Metals; Other than Sodium in Turkey (CIF) - 2022

In 2022, the average import price for alkali metals; other than sodia amounted to $178,764 per ton, falling by -9.6% against the previous year. Over the period under review, the import price, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 455% against the previous year. As a result, import price reached the peak level of $197,792 per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($242,000 per ton), while the price for Madagascar ($13,714 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alkali Metals; Other than Sodium in Turkey (FOB) - 2022

In 2022, the average export price for alkali metals; other than sodia amounted to $7,530 per ton, with a decrease of -18.3% against the previous year. In general, the export price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 140% against the previous year. As a result, the export price reached the peak level of $9,221 per ton, and then fell notably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to -28.6% per year.

Imports of Alkali Metals; Other than Sodium in Turkey

In 2022, imports of alkali metals; other than sodia into Turkey surged to 1.2 tons, with an increase of 38% compared with the previous year. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 124%. As a result, imports reached the peak of 1.4 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, alkali metals; other than sodium imports soared to $211K in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 233%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Alkali Metals; Other than Sodium in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China59.214.314017543.5%
RussiaN/A1.01.921.3361.5%
Germany13.211.619.69.7-9.8%
United States3.45.07.14.38.1%
MadagascarN/AN/AN/A0.30%
NorwayN/A18.3N/AN/A0%
Others0.40.60.50.1-37.0%
Total76.150.816921140.5%

Top Suppliers of Alkali Metals; Other than Sodium to Turkey in 2022:

  1. China (725.0 kg)
  2. Russia (347.0 kg)
  3. Germany (43.0 kg)
  4. United States (42.0 kg)
  5. Madagascar (21.0 kg)

Exports of Alkali Metals; Other than Sodium in Turkey

Alkali metals; other than sodium exports from Turkey soared to 12 tons in 2022, with an increase of 588% compared with the previous year's figure. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,548%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, alkali metals; other than sodium exports skyrocketed to $94K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,852% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Alkali Metals; Other than Sodium in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/A14.668.9371.9%
IraqN/A0.40.9N/A125.0%
Others0.3N/A1.125.0336.8%
Total0.30.416.793.9579.0%

Top Export Markets for Alkali Metals; Other than Sodium from Turkey in 2022:

  1. Israel (12.2 tons)

Source: IndexBox Market Intelligence Platform

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