Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey - 2023

Contents:

  1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey (CIF) - 2022
  2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey (FOB) - 2022
  3. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey
  4. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey (CIF) - 2022

In 2022, the average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $2,012 per ton, with an increase of 23% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds increased by +45.0% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $2,127 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,973 per ton), while the price for the Czech Republic ($1,192 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey (FOB) - 2022

The average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $1,284 per ton in 2022, growing by 13% against the previous year. Over the period under review, the export price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2013 an increase of 88% against the previous year. As a result, the export price reached the peak level of $3,012 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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 Russia ($2,636 per ton), while the average price for exports to Israel ($540 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 Russia (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey

In 2022, supplies from abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds decreased by -3% to 9.7K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports attained the peak of 10K tons, and then reduced slightly in the following year.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds surged to $19M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.6% 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 +75.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.95.38.010.521.2%
Germany0.91.01.93.252.6%
Czech Republic0.50.81.01.233.9%
Italy0.90.80.90.90.0%
China1.01.30.60.9-3.5%
France0.40.30.30.614.5%
United Kingdom0.20.40.30.535.7%
Spain0.30.40.40.518.6%
Portugal0.30.30.60.2-12.6%
South Korea0.10.10.30.226.0%
Others0.60.92.10.810.1%
Total11.111.516.319.520.7%

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Turkey in 2022:

  1. India (4463.1 tons)
  2. Germany (1795.9 tons)
  3. Czech Republic (982.3 tons)
  4. Italy (678.9 tons)
  5. France (376.2 tons)
  6. United Kingdom (354.6 tons)
  7. China (214.0 tons)
  8. Spain (213.3 tons)
  9. Portugal (172.9 tons)
  10. South Korea (167.1 tons)

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey

For the fourth consecutive year, Turkey recorded growth in shipments abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds, which increased by 8.8% to 1.3K tons in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds surged to $1.7M in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 37%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia32.443.866.0506150.0%
Pakistan10.9278235253185.3%
GreeceN/AN/AN/A1480%
Iran99.976.21251113.6%
Uzbekistan79.334.371.991.54.9%
Bulgaria19.012.83.268.353.2%
Egypt34.630161151.214.0%
Ukraine1.32.05.247.1230.9%
Japan44.836.528.541.1-2.8%
Iraq1.027.07.439.6240.9%
Azerbaijan82.058.820.129.9-28.6%
Israel266N/A69.313.0-63.4%
Others79.111196.125247.1%
Total7509801,3391,65130.1%

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Turkey in 2022:

  1. Pakistan (355.0 tons)
  2. Greece (251.2 tons)
  3. Russia (191.8 tons)
  4. Bulgaria (117.6 tons)
  5. Iran (59.6 tons)
  6. Japan (46.1 tons)
  7. Uzbekistan (35.0 tons)
  8. Iraq (28.8 tons)
  9. Egypt (25.1 tons)
  10. Israel (24.0 tons)
  11. Ukraine (23.5 tons)
  12. Azerbaijan (9.3 tons)

Source: IndexBox Market Intelligence Platform

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