Turkey - Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHeterocyclic Compound Price in Turkey - 2023
Contents:
- Heterocyclic Compound Price in Turkey (CIF) - 2023
- Heterocyclic Compound Price in Turkey (FOB) - 2022
- Heterocyclic Compound Imports in Turkey
- Heterocyclic Compound Exports in Turkey
Heterocyclic Compound Price in Turkey (CIF) - 2023
The average heterocyclic compound import price stood at $37,945 per ton in July 2023, falling by -8% against the previous month. In general, the import price continues to indicate a mild slump. The pace of growth was the most pronounced in September 2022 an increase of 57% month-to-month. As a result, import price attained the peak level of $65,079 per ton. From October 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was India ($136K per ton), while the price for Italy ($6,817 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the prices for the other major suppliers experienced a decline.
Heterocyclic Compound Price in Turkey (FOB) - 2022
In 2022, the average heterocyclic compound export price amounted to $38,191 per ton, growing by 24% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2013 when the average export price increased by 78%. The export price peaked at $224,279 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($144,768 per ton), while the average price for exports to Ukraine ($10,247 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 Free Zones (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.
Heterocyclic Compound Imports in Turkey
In 2022, the amount of heterocyclic compounds imported into Turkey skyrocketed to 2.6K tons, jumping by 28% compared with the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.8% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 62% against the previous year. As a result, imports reached the peak of 3.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, heterocyclic compound imports soared to $122M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Heterocyclic Compound in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 19.9 | 31.7 | 30.7 | 52.8 | 38.4% |
India | 37.2 | 42.9 | 35.1 | 44.9 | 6.5% |
Germany | 3.2 | 2.2 | 3.2 | 2.9 | -3.2% |
Italy | 8.7 | 2.0 | 1.8 | 2.1 | -37.7% |
Switzerland | 0.3 | 0.8 | 0.5 | 1.3 | 63.0% |
Others | 27.9 | 32.4 | 33.6 | 17.6 | -14.2% |
Total | 97.2 | 112 | 105 | 122 | 7.9% |
Top Suppliers of Heterocyclic Compound to Turkey in 2022:
- China (1803.3 tons)
- India (463.3 tons)
- Germany (118.6 tons)
- Italy (101.4 tons)
- Switzerland (42.0 tons)
Heterocyclic Compound Exports in Turkey
In 2022, heterocyclic compound exports from Turkey declined to 38 tons, waning by -6.8% compared with 2021 figures. In general, exports showed a deep contraction. The smallest decline of -3.9% was in 2021.
In value terms, heterocyclic compound exports skyrocketed to $1.5M in 2022. Overall, exports faced a sharp descent.
Export of Heterocyclic Compound in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 187 | 379 | 375 | 835 | 64.7% |
Kazakhstan | 134 | 197 | 228 | 153 | 4.5% |
Algeria | 77.4 | N/A | 290 | 150 | 24.7% |
Uzbekistan | 119 | 44.2 | 28.4 | 95.2 | -7.2% |
Iraq | N/A | 2.0 | 2.8 | 64.6 | 468.3% |
Ukraine | N/A | N/A | 6.9 | 10.2 | 47.8% |
India | 158 | 271 | 106 | 10.0 | -60.1% |
Germany | 591 | 1,741 | N/A | 8.1 | -76.1% |
Slovenia | 2,958 | 1,407 | N/A | N/A | -52.4% |
Libya | 11.3 | N/A | N/A | N/A | 0% |
Netherlands | 210 | 0.4 | 4.1 | N/A | -86.0% |
Saudi Arabia | 254 | N/A | N/A | N/A | 0% |
Others | 511 | 319 | 227 | 135 | -35.8% |
Total | 5,211 | 4,360 | 1,268 | 1,461 | -34.5% |
Top Export Markets for Heterocyclic Compound from Turkey in 2022:
- Iran (24.4 tons)
- Algeria (6.4 tons)
- Kazakhstan (1.9 tons)
- Ukraine (1.0 tons)
- Uzbekistan (1.0 tons)
- Iraq (0.8 tons)
- India (0.1 tons)
- Germany (0.1 tons)
This report provides an in-depth analysis of the heterocyclic compound 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 20145280 -
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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In March 2023, the price of Heterocyclic Compound reached $35,776 per ton (CIF, Turkey), showing a decrease of -31.5% compared to the previous month.
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In 2016, the global imports of compound amounted to X tons, going down by -X% against the previous year figure. In general, compound imports continue to indicate a slight decline. The pace of ...
In 2016, the global compound exports stood at X tons, coming down by -X% against the previous year level. In general, compound exports continue to indicate a relatively flat trend pattern. The ...
In 2016, the global heterocyclic compound imports amounted to X tons, falling by -X% against the previous year level. Overall, heterocyclic compound imports continue to indicate a temperate de...
In value terms, heterocyclic compounds exports stood at $X in 2016. In general, heterocyclic compounds exports continue to indicate a relatively flat trend pattern. Over the period under review, gl...
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In March 2023, the price of Heterocyclic Compound reached $35,776 per ton (CIF, Turkey), showing a decrease of -31.5% compared to the previous month.