Turkey - Sulphates Of Barium Or Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Barium or Aluminium Sulphates in Turkey - 2023
Contents:
- Price for Barium or Aluminium Sulphates in Turkey (FOB) - 2023
- Price for Barium or Aluminium Sulphates in Turkey (CIF) - 2023
- Exports of Barium or Aluminium Sulphates in Turkey
- Imports of Barium or Aluminium Sulphates in Turkey
Price for Barium or Aluminium Sulphates in Turkey (FOB) - 2023
The average barium or aluminium sulphates export price stood at $186 per ton in September 2023, increasing by 3.3% against the previous month. Over the period under review, the export price, however, saw a pronounced shrinkage. The growth pace was the most rapid in November 2022 an increase of 3.7% against the previous month. Over the period under review, the average export prices reached the peak figure at $242 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Angola ($224 per ton), while the average price for exports to Ukraine ($135 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+0.5%), while the prices for the other major destinations experienced a decline.
Price for Barium or Aluminium Sulphates in Turkey (CIF) - 2023
In September 2023, the average barium or aluminium sulphates import price amounted to $445 per ton, increasing by 13% against the previous month. In general, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 37% against the previous month. The import price peaked at $1,369 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($1,584 per ton), while the price for Iran ($146 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Barium or Aluminium Sulphates in Turkey
In 2022, approx. 91K tons of sulphates of barium or aluminium were exported from Turkey; with an increase of 22% on 2021 figures. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 99K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, barium or aluminium sulphates exports surged to $22M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Barium or Aluminium Sulphates in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 846 | 417 | 548 | 2,229 | 38.1% |
South Africa | 714 | 1,199 | 1,101 | 2,226 | 46.1% |
Cote d'Ivoire | 539 | 524 | 317 | 1,379 | 36.8% |
Ukraine | 93.2 | 207 | 105 | 1,253 | 137.8% |
Cameroon | 409 | 601 | 222 | 1,122 | 40.0% |
Dominican Republic | 99.7 | 146 | 330 | 1,107 | 123.1% |
Morocco | 63.0 | 1,358 | 2,437 | 922 | 144.6% |
United Arab Emirates | 266 | 569 | 1,032 | 750 | 41.3% |
Peru | 408 | 444 | 130 | 708 | 20.2% |
Algeria | 53.0 | 134 | 356 | 693 | 135.6% |
Nigeria | 238 | 593 | 224 | 689 | 42.5% |
Iraq | 1,444 | 763 | 429 | 569 | -26.7% |
Senegal | 492 | 451 | 72.1 | 487 | -0.3% |
Others | 8,395 | 7,107 | 6,311 | 8,070 | -1.3% |
Total | 14,060 | 14,513 | 13,614 | 22,203 | 16.5% |
Top Export Markets for Barium or Aluminium Sulphates from Turkey in 2022:
- South Africa (9.3K tons)
- Ghana (8.9K tons)
- Ukraine (6.0K tons)
- Cote d'Ivoire (5.7K tons)
- Cameroon (4.4K tons)
- Morocco (4.2K tons)
- Dominican Republic (3.3K tons)
- United Arab Emirates (3.1K tons)
- Algeria (2.9K tons)
- Peru (2.7K tons)
- Iraq (2.7K tons)
- Nigeria (2.7K tons)
- Senegal (2.2K tons)
Imports of Barium or Aluminium Sulphates in Turkey
In 2022, the amount of sulphates of barium or aluminium imported into Turkey shrank to 6.8K tons, declining by -12% on the previous year. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.
In value terms, barium or aluminium sulphates imports dropped to $7.8M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of $8.4M, and then dropped in the following year.
Import of Barium or Aluminium Sulphates in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.4 | 3.0 | 3.3 | 3.8 | 3.8% |
Germany | 3.0 | 2.2 | 4.3 | 3.3 | 3.2% |
Italy | 0.7 | 0.4 | 0.4 | 0.5 | -10.6% |
Spain | 0.1 | N/A | N/A | 0.1 | 0.0% |
Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
Total | 7.3 | 5.8 | 8.4 | 7.8 | 2.2% |
Top Suppliers of Barium or Aluminium Sulphates to Turkey in 2022:
- China (4.5K tons)
- Germany (1.6K tons)
- Italy (0.3K tons)
- Spain (0.2K tons)
This report provides an in-depth analysis of the market for barium or aluminium sulphates in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134151 - Sulphates of barium or aluminium
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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