Turkey - Phosphates and Polyphosphates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTurkey: Market for Phosphates and Polyphosphates (Excluding Calcium Hydrogenorthophosphate, Mono- Or Disodium Phosphate, Sodium Triphosphate) 2024
Market Size for Phosphates and Polyphosphates (Excluding Calcium Hydrogenorthophosphate, Mono- Or Disodium Phosphate, Sodium Triphosphate) in Turkey
The Turkish market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) amounted to $X in 2023, remaining stable against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2015 indices. Consumption of peaked in 2023 and is likely to see gradual growth in the immediate term.
Production of Phosphates and Polyphosphates (Excluding Calcium Hydrogenorthophosphate, Mono- Or Disodium Phosphate, Sodium Triphosphate) in Turkey
In value terms, production of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) reduced markedly to $X in 2023 estimated in export price. In general, production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, production attained the peak level of $X, and then fell remarkably in the following year.
Exports of Phosphates and Polyphosphates (Excluding Calcium Hydrogenorthophosphate, Mono- Or Disodium Phosphate, Sodium Triphosphate)
Exports from Turkey
In 2023, approx. X tons of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) were exported from Turkey; falling by X% against 2022 figures. Over the period under review, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2022, and then declined markedly in the following year.
In value terms, exports of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) declined rapidly to $X in 2023. Overall, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined significantly in the following year.
Exports by Country
Egypt (X tons) was the main destination for exports of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) from Turkey, with a X% share of total exports. Moreover, exports of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) to Egypt exceeded the volume sent to the second major destination, Iraq (X tons), fourfold. The third position in this ranking was held by Canada (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Egypt amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Canada (X% per year).
In value terms, Egypt ($X) remains the key foreign market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Iraq ($X), with an X% share of total exports. It was followed by Iran, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Iran (X% per year).
Export Prices by Country
In 2023, the average export price for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, posted a mild increase. The growth pace was the most rapid in 2022 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then contracted sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphates and Polyphosphates (Excluding Calcium Hydrogenorthophosphate, Mono- Or Disodium Phosphate, Sodium Triphosphate)
Imports into Turkey
In 2023, purchases abroad of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) decreased by X% to X tons, falling for the second consecutive year after five years of growth. In general, total imports indicated a tangible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, imports of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) fell rapidly to $X in 2023. Overall, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank rapidly in the following year.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) to Turkey, accounting for a X% share of total imports. Moreover, imports of phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Israel (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Israel (X% per year).
In value terms, the largest phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) suppliers to Turkey were China ($X), Germany ($X) and Israel ($X), together accounting for X% of total imports. France, Belgium, the United States, Morocco and Tunisia lagged somewhat behind, together accounting for a further X%.
Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) 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 20134280 - Phosphates (excluding calcium hydrogenorthophosphate and mono-or disodium phosphate), polyphosphates (excluding sodium triphosphate)
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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