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Turkey - Titanium Dioxide - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTitanium Dioxide Price in Turkey - 2023
Contents:
- Titanium Dioxide Price in Turkey (CIF) - 2022
- Titanium Dioxide Price in Turkey (FOB) - 2022
- Titanium Dioxide Imports in Turkey
- Titanium Dioxide Exports in Turkey
Titanium Dioxide Price in Turkey (CIF) - 2022
The average titanium dioxide import price stood at $2,976 per ton in 2022, which is down by -6.6% against the previous year. Over the period under review, the import price saw a mild curtailment. The pace of growth was the most pronounced in 2017 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $3,364 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($3,622 per ton) and Japan ($3,255 per ton), while the price for China ($2,462 per ton) and France ($2,675 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced a decline.
Titanium Dioxide Price in Turkey (FOB) - 2022
The average titanium dioxide export price stood at $5,324 per ton in 2022, shrinking by -5.1% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, titanium dioxide export price increased by +93.5% against 2015 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 23% against the previous year. The export price peaked at $5,609 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($6,908 per ton), while the average price for exports to Uzbekistan ($2,459 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 Belgium (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Titanium Dioxide Imports in Turkey
In 2022, after three years of growth, there was significant decline in purchases abroad of titanium dioxide, when their volume decreased by -5% to 4.4K tons. The total import volume increased at an average annual rate of +12.8% 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 with an increase of 36% against the previous year.
In value terms, titanium dioxide imports fell to $13M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 34% against the previous year.
Import of Titanium Dioxide in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.6 | 4.6 | 5.5 | 4.8 | 22.7% |
China | 2.6 | 2.9 | 4.5 | 4.0 | 15.4% |
South Korea | 1.4 | 1.4 | 1.8 | 1.6 | 4.6% |
Japan | 1.2 | 1.3 | 1.4 | 1.2 | 0.0% |
Italy | N/A | 0.4 | 0.7 | 0.6 | 22.5% |
France | 0.3 | 0.6 | 0.6 | 0.6 | 26.0% |
Others | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
Total | 8.6 | 11.5 | 14.8 | 13.2 | 15.4% |
Top Suppliers of Titanium Dioxide to Turkey in 2022:
- China (1627.2 tons)
- Germany (1333.9 tons)
- South Korea (563.8 tons)
- Japan (383.1 tons)
- France (208.3 tons)
- Italy (184.0 tons)
Titanium Dioxide Exports in Turkey
In 2022, the amount of titanium dioxide exported from Turkey fell notably to 42 tons, shrinking by -22.6% against the previous year. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 83%. As a result, the exports reached the peak of 54 tons, and then fell markedly in the following year.
In value terms, titanium dioxide exports fell markedly to $223K in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 113% against the previous year. As a result, the exports attained the peak of $303K, and then fell dramatically in the following year.
Export of Titanium Dioxide in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 98.2 | 17.5 | 181 | 160 | 17.7% |
Syrian Arab Republic | 5.1 | 0.4 | 20.9 | 18.5 | 53.7% |
Azerbaijan | 0.2 | 59.8 | 4.6 | 17.3 | 342.3% |
Uzbekistan | 4.1 | 28.1 | 0.6 | 8.8 | 29.0% |
Turkmenistan | 1.7 | 12.1 | 9.2 | 8.2 | 69.0% |
Tanzania | 2.5 | 18.4 | 6.8 | 7.6 | 44.9% |
Egypt | 4.3 | N/A | 14.5 | N/A | 83.6% |
Iraq | 15.7 | N/A | 9.7 | N/A | -21.4% |
United Kingdom | N/A | N/A | 39.8 | N/A | 0% |
Others | 4.2 | 5.9 | 16.1 | 2.6 | -14.8% |
Total | 136 | 142 | 303 | 223 | 17.9% |
Top Export Markets for Titanium Dioxide from Turkey in 2022:
- Iran (23.1 tons)
- Azerbaijan (5.6 tons)
- Syrian Arab Republic (5.0 tons)
- Uzbekistan (3.6 tons)
- Tanzania (2.3 tons)
- Turkmenistan (1.7 tons)
This report provides an in-depth analysis of the titanium dioxide market 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 20121150 - Titanium oxides
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
-
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
This report provides an in-depth analysis of the titanium dioxide market in Turkey.
This report provides an in-depth analysis of the global titanium dioxide market.
This report provides an in-depth analysis of the titanium dioxide market in Turkey.
This report provides an in-depth analysis of the global titanium dioxide market.
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