Price for Lecithins and Other Phosphoaminolipids in Turkey - 2024

Contents:

  1. Price for Lecithins and Other Phosphoaminolipids in Turkey (CIF) - 2022
  2. Price for Lecithins and Other Phosphoaminolipids in Turkey (FOB) - 2022
  3. Imports of Lecithins and Other Phosphoaminolipids in Turkey
  4. Exports of Lecithins and Other Phosphoaminolipids in Turkey

Price for Lecithins and Other Phosphoaminolipids in Turkey (CIF) - 2022

In 2022, the average lecithins and other phosphoaminolipids import price amounted to $1,884 per ton, falling by -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $1,993 per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($5,317 per ton), while the price for Bulgaria ($1,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lecithins and Other Phosphoaminolipids in Turkey (FOB) - 2022

In 2022, the average lecithins and other phosphoaminolipids export price amounted to $2,409 per ton, picking up by 61% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lecithins and other phosphoaminolipids export price increased by +70.9% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($9,427 per ton), while the average price for exports to India ($1,040 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lecithins and Other Phosphoaminolipids in Turkey

For the fourth year in a row, Turkey recorded growth in supplies from abroad of lecithins and other phosphoaminolipidses, which increased by 127% to 18K tons in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids imports surged to $34M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lecithins and Other Phosphoaminolipids in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.52.94.211.046.5%
Ukraine0.41.31.93.7109.9%
Spain1.11.01.83.749.8%
Russia0.80.80.83.462.0%
Denmark1.31.71.83.336.4%
BulgariaN/AN/A0.22.1950.0%
Netherlands0.91.51.21.210.1%
Israel0.30.60.50.838.7%
China0.1N/A0.10.8100.0%
Italy0.50.30.20.3-15.7%
Others1.92.02.93.320.2%
Total10.912.315.733.645.5%

Top Suppliers of Lecithins and Other Phosphoaminolipids to Turkey in 2022:

  1. India (7.5K tons)
  2. Russia (3.0K tons)
  3. Bulgaria (2.0K tons)
  4. Ukraine (1.3K tons)
  5. Spain (0.8K tons)
  6. Denmark (0.6K tons)
  7. China (0.6K tons)
  8. Netherlands (0.4K tons)
  9. Israel (0.3K tons)
  10. Italy (0.1K tons)

Exports of Lecithins and Other Phosphoaminolipids in Turkey

In 2022, approx. 1.2K tons of lecithins and other phosphoaminolipidses were exported from Turkey; increasing by 174% on 2021. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids exports soared to $3M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lecithins and Other Phosphoaminolipids in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A6940%
NetherlandsN/A73.9N/A463150.3%
India29.2N/A55.7418142.8%
Algeria4.113.43.5180252.8%
Uzbekistan66.148.464.817939.4%
Iran39.5N/A13413952.1%
Azerbaijan10715081.8104-0.9%
United KingdomN/A34.6N/AN/A0%
Others81.5120340816115.5%
Total3284406802,994109.0%

Top Export Markets for Lecithins and Other Phosphoaminolipids from Turkey in 2022:

  1. India (402.0 tons)
  2. Germany (164.2 tons)
  3. Netherlands (142.1 tons)
  4. Uzbekistan (116.9 tons)
  5. Iran (113.1 tons)
  6. Azerbaijan (58.9 tons)
  7. Algeria (58.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Lecithins and other phosphoaminolipids - Turkey