Salts; Molybdates Price in Turkey - 2023

Contents:

1. Salts; Molybdates Price in Turkey (CIF) - 2022
2. Salts; Molybdates Price in Turkey (FOB) - 2022
3. Salts; Molybdates Imports in Turkey
4. Salts; Molybdates Exports in Turkey

Salts; Molybdates Price in Turkey (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $20,813 per ton, with an increase of 18% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 42% against the previous year. The import price peaked at $21,826 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Germany ($86,936 per ton), while the price for China ($17,712 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Molybdates Price in Turkey (FOB) - 2022

The average salts; molybdates export price stood at $25,258 per ton in 2022, surging by 75% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 339%. The export price peaked at $26,167 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($48,759 per ton), while the average price for exports to Italy ($5,134 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 Italy (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Molybdates Imports in Turkey

In 2022, purchases abroad of salts; molybdateses decreased by -1.8% to 166 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of 190 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, salts; molybdates imports skyrocketed to $3.5M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Salts; Molybdates to Turkey in 2022:

1. India (85.1 tons)
2. Poland (36.5 tons)
3. Italy (12.7 tons)
4. Japan (12.6 tons)
5. China (12.0 tons)
6. United States (6.5 tons)

Salts; Molybdates Exports in Turkey

In 2022, shipments abroad of salts; molybdateses decreased by -77.3% to 8.1 tons, falling for the second year in a row after two years of growth. In general, exports saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of 453%. As a result, the exports attained the peak of 79 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, salts; molybdates exports contracted dramatically to $204K in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 503% against the previous year. As a result, the exports reached the peak of $629K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Salts; Molybdates from Turkey in 2022:

1. Azerbaijan (undefined tons)
2. Iraq (undefined tons)
3. Iran (2.7 tons)
4. Uzbekistan (1.8 tons)
5. Turkmenistan (1.7 tons)
6. Italy (0.9 tons)
7. Georgia (0.8 tons)

Source: IndexBox Market Intelligence Platform