Price for Quinones; Other than Anthraquinone in Turkey - 2024

Contents:

  1. Price for Quinones; Other than Anthraquinone in Turkey (CIF) - 2024
  2. Price for Quinones; Other than Anthraquinone in Turkey (FOB) - 2022
  3. Imports of Quinones; Other than Anthraquinone in Turkey
  4. Exports of Quinones; Other than Anthraquinone in Turkey

Price for Quinones; Other than Anthraquinone in Turkey (CIF) - 2024

In March 2024, the average quinones; other than anthraquinone import price amounted to $7,387 per ton, with a decrease of -62% against the previous month. In general, the import price saw a pronounced contraction. The growth pace was the most rapid in January 2024 when the average import price increased by 3,095% month-to-month. Over the period under review, average import prices hit record highs at $261K per ton in May 2023; however, from June 2023 to March 2024, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From March 2023 to March 2024, the rate of growth in terms of prices for China amounted to -2.1% per month.

Price for Quinones; Other than Anthraquinone in Turkey (FOB) - 2022

In 2022, the average quinones; other than anthraquinone export price amounted to $35,498 per ton, declining by -60.6% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 an increase of 101%. As a result, the export price reached the peak level of $90,000 per ton, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($60,800 per ton), while the average price for exports to Greece ($2,140 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 Uzbekistan (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Quinones; Other than Anthraquinone in Turkey

Quinones; other than anthraquinone imports into Turkey surged to 186 tons in 2022, picking up by 58% on the previous year. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, quinones; other than anthraquinone imports surged to $4.1M in 2022. Overall, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Quinones; Other than Anthraquinone in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.21.52.13.718.9%
Others0.50.50.40.50.0%
Total2.72.02.54.114.9%

Top Suppliers of Quinones; Other than Anthraquinone to Turkey in 2022:

  1. China (184.0 tons)

Exports of Quinones; Other than Anthraquinone in Turkey

In 2022, shipments abroad of quinones; other than anthraquinones was finally on the rise to reach 275 kg after two years of decline. In general, exports, however, continue to indicate a deep downturn.

In value terms, quinones; other than anthraquinone exports surged to $9.8K in 2022. Overall, exports, however, recorded a deep downturn.

Export of Quinones; Other than Anthraquinone in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran13.113.4N/A8.3-14.1%
Uzbekistan0.8N/AN/A0.80.0%
AzerbaijanN/AN/AN/A0.30%
RussiaN/AN/AN/A0.30%
GreeceN/AN/AN/A0.10%
Others0.6N/A0.1N/A-59.2%
Total14.513.40.19.8-12.2%

Top Export Markets for Quinones; Other than Anthraquinone from Turkey in 2022:

  1. Iran (200.0 kg)
  2. Greece (50.0 kg)
  3. Uzbekistan (13.0 kg)
  4. Russia (6.0 kg)
  5. Azerbaijan (5.0 kg)

Source: IndexBox Market Intelligence Platform

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