Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Turkey - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (FOB) - 2023
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (CIF) - 2023
  3. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey
  4. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (FOB) - 2023

The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $199 per ton in December 2023, falling by -6% against the previous month. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in June 2023 when the average export price increased by 27% against the previous month. As a result, the export price attained the peak level of $405 per ton. From July 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($263 per ton), while the average price for exports to Malaysia ($152 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.3%), while the prices for the other major destinations experienced a decline.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (CIF) - 2023

The average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $445 per ton in December 2023, surging by 8.2% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 20% against the previous month. As a result, import price reached the peak level of $539 per ton. From April 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($1,210 per ton), while the price for Oman ($323 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 Bulgaria (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey

Exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates from Turkey surged to 6.8M tons in 2022, with an increase of 24% compared with the previous year. The total export volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern 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.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $1.6B in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil58.553.763.520551.9%
Spain84.781.584.718830.4%
Egypt69.861.263.013725.2%
Italy78.076.978.912416.7%
Netherlands45.627.143.210130.4%
United Kingdom55.843.752.410121.9%
Portugal34.338.331.382.233.8%
Belgium40.840.343.562.815.5%
France29.325.526.654.022.6%
Thailand29.220.326.949.419.2%
United Arab Emirates24.114.39.445.723.8%
Ukraine24.223.029.429.56.8%
Argentina0.30.51.827.0348.1%
Others3243033174128.3%
Total8998098721,61821.6%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Turkey in 2022:

  1. Brazil (1244.0K tons)
  2. Spain (633.8K tons)
  3. Portugal (584.6K tons)
  4. Italy (459.2K tons)
  5. Egypt (387.5K tons)
  6. Netherlands (354.7K tons)
  7. United Kingdom (337.4K tons)
  8. Belgium (209.9K tons)
  9. Ukraine (201.4K tons)
  10. Argentina (200.1K tons)
  11. France (186.7K tons)
  12. Thailand (155.8K tons)
  13. United Arab Emirates (139.4K tons)

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey

In 2022, after two years of decline, there was significant growth in overseas purchases of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates, when their volume increased by 21% to 295K tons. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $122M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +57.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria42.935.336.447.33.3%
South Korea5.06.38.717.251.0%
Russia4.04.34.213.349.3%
China6.06.89.411.223.1%
Germany6.45.86.99.614.5%
Belgium3.85.04.45.110.3%
France1.82.22.74.838.7%
Bosnia and Herzegovina2.32.21.3N/A-24.8%
Others8.99.29.013.113.8%
Total80.977.383.012214.7%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Turkey in 2022:

  1. Bulgaria (196.5K tons)
  2. Russia (26.7K tons)
  3. Germany (13.4K tons)
  4. Belgium (11.9K tons)
  5. South Korea (11.7K tons)
  6. China (9.9K tons)
  7. France (5.8K tons)

Source: IndexBox Market Intelligence Platform

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