Turkey - Salts Of Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salts of Acetic Acid in Turkey - 2023
Contents:
- Price for Salts of Acetic Acid in Turkey (CIF) - 2022
- Price for Salts of Acetic Acid in Turkey (FOB) - 2022
- Imports of Salts of Acetic Acid in Turkey
- Exports of Salts of Acetic Acid in Turkey
Price for Salts of Acetic Acid in Turkey (CIF) - 2022
The average salts of acetic acid import price stood at $2,660 per ton in 2022, surging by 15% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2018 an increase of 30% against the previous year. Over the period under review, average import prices reached the peak figure at $3,329 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($15,571 per ton), while the price for India ($934 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Salts of Acetic Acid in Turkey (FOB) - 2022
In 2022, the average salts of acetic acid export price amounted to $2,473 per ton, increasing by 56% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2020 an increase of 68%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($6,000 per ton), while the average price for exports to Uzbekistan ($1,160 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 Ethiopia (+111.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salts of Acetic Acid in Turkey
In 2022, approx. 1.9K tons of salts of acetic acid were imported into Turkey; jumping by 23% on 2021 figures. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24%.
In value terms, salts of acetic acid imports skyrocketed to $5.1M in 2022. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
Import of Salts of Acetic Acid in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,419 | 917 | 1,407 | 2,054 | 13.1% |
Netherlands | 432 | 396 | 515 | 698 | 17.3% |
India | 556 | 230 | 440 | 649 | 5.3% |
United Kingdom | 2.6 | 106 | 406 | 527 | 487.4% |
Germany | 336 | 373 | 383 | 481 | 12.7% |
United States | 179 | 217 | 216 | 263 | 13.7% |
Canada | 109 | 50.4 | 76.6 | 193 | 21.0% |
Others | 325 | 125 | 187 | 255 | -7.8% |
Total | 3,359 | 2,414 | 3,631 | 5,121 | 15.1% |
Top Suppliers of Salts of Acetic Acid to Turkey in 2022:
- China (753.7 tons)
- India (694.2 tons)
- Netherlands (206.9 tons)
- Germany (92.0 tons)
- Canada (64.8 tons)
- United States (35.8 tons)
- United Kingdom (33.8 tons)
Exports of Salts of Acetic Acid in Turkey
In 2022, approx. 91 tons of salts of acetic acid were exported from Turkey; increasing by 7% against 2021 figures. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 9.3% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, salts of acetic acid exports skyrocketed to $224K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
Export of Salts of Acetic Acid in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lebanon | N/A | N/A | N/A | 60.0 | 0% |
Iran | 28.6 | 46.9 | 50.2 | 35.4 | 7.4% |
Georgia | 3.0 | 0.5 | 0.8 | 30.4 | 116.4% |
Azerbaijan | 2.4 | 8.2 | 25.7 | 23.8 | 114.8% |
Syrian Arab Republic | 3.9 | 96.0 | 19.2 | 18.8 | 68.9% |
Egypt | 16.9 | 8.6 | 11.9 | 17.0 | 0.2% |
Uzbekistan | 2.8 | 13.1 | 17.7 | 11.0 | 57.8% |
Tunisia | N/A | N/A | 3.5 | 6.8 | 94.3% |
Chile | 13.3 | N/A | N/A | N/A | 0% |
Ethiopia | 16.5 | N/A | 0.6 | N/A | -80.9% |
Others | 13.0 | 10.9 | 4.7 | 21.1 | 17.5% |
Total | 100 | 184 | 134 | 224 | 30.8% |
Top Export Markets for Salts of Acetic Acid from Turkey in 2022:
- Georgia (21.6 tons)
- Azerbaijan (16.4 tons)
- Lebanon (10.0 tons)
- Syrian Arab Republic (10.0 tons)
- Uzbekistan (9.5 tons)
- Iran (7.5 tons)
- Egypt (6.5 tons)
- Tunisia (4.0 tons)
This report provides an in-depth analysis of the market for salts of acetic acid 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 20143278 - Salts of acetic acid
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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