Mullite Price in Turkey - 2023
Contents:
- Mullite Price in Turkey (CIF) - 2022
- Mullite Price in Turkey (FOB) - 2022
- Mullite Imports in Turkey
- Mullite Exports in Turkey
Mullite Price in Turkey (CIF) - 2022
In 2022, the average mullite import price amounted to $555 per ton, surging by 16% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2014 when the average import price increased by 44%. As a result, import price reached the peak level of $556 per ton. From 2015 to 2022, the average import prices remained at a 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 ($1,584 per ton), while the price for Spain ($456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Mullite Price in Turkey (FOB) - 2022
In 2022, the average mullite export price amounted to $417 per ton, rising by 26% against the previous year. Overall, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2019 an increase of 305% against the previous year. As a result, the export price attained the peak level of $1,125 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,287 per ton), while the average price for exports to Jordan ($107 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 Jordan (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.
Mullite Imports in Turkey
In 2022, approx. 2.9K tons of mullites were imported into Turkey; surging by 6.9% compared with the year before. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, mullite imports soared to $1.6M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Mullite in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 116 | 326 | 817 | 1,029 | 107.0% |
| Spain | 260 | 238 | 301 | 351 | 10.5% |
| Germany | 62.6 | 118 | 128 | 110 | 20.7% |
| India | N/A | N/A | 13.6 | 79.0 | 480.9% |
| United States | 62.7 | 12.6 | N/A | 9.7 | -46.3% |
| Ukraine | 122 | 61.9 | N/A | N/A | -49.3% |
| Others | 91.0 | 35.7 | 29.5 | 13.1 | -47.6% |
| Total | 714 | 792 | 1,289 | 1,592 | 30.6% |
Top Suppliers of Mullite to Turkey in 2022:
- China (1861.5 tons)
- Spain (768.0 tons)
- India (139.7 tons)
- Germany (69.4 tons)
- United States (20.0 tons)
Mullite Exports in Turkey
In 2022, the amount of mullites exported from Turkey expanded notably to 97 tons, picking up by 15% on the previous year's figure. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 399% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, mullite exports soared to $41K in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 157% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Mullite in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | 34.6 | 22.5 | 23.8 | -17.1% |
| Russia | N/A | N/A | N/A | 8.6 | 0% |
| Jordan | N/A | N/A | 3.9 | 6.9 | 76.9% |
| Sudan | 10.9 | N/A | N/A | N/A | 0% |
| Others | 3.1 | 1.5 | 1.8 | 1.2 | -27.1% |
| Total | 14.0 | 36.0 | 28.2 | 40.5 | 42.5% |
Top Export Markets for Mullite from Turkey in 2022:
- Jordan (65.0 tons)
- Azerbaijan (23.8 tons)
- Russia (6.7 tons)
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