Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Turkey - 2024
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Turkey (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Turkey
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Turkey (CIF) - 2022
The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $15,105 per ton in 2022, falling by -24.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2017 an increase of 38% against the previous year. The import price peaked at $19,944 per ton in 2021, and then fell significantly in the following year.
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 ($28,000 per ton), while the price for India ($12,233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Turkey
In 2022, overseas purchases of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses increased by 4.4% to 967 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep reduction.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses plummeted to $15K in 2022. In general, imports, however, continue to indicate a abrupt setback. The smallest decline of -13.4% was in 2020.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.4 | 8.9 | 6.9 | 7.0 | -5.9% |
| Spain | 0.6 | 4.4 | 3.7 | 3.9 | 86.6% |
| China | 5.8 | 7.6 | 6.7 | 3.4 | -16.3% |
| Germany | 10.5 | 2.0 | 0.7 | N/A | -74.2% |
| Others | 1.9 | 0.8 | 0.5 | 0.3 | -46.0% |
| Total | 27.3 | 23.6 | 18.5 | 14.6 | -18.8% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Turkey in 2022:
- India (572.0 kg)
- Spain (265.0 kg)
- China (126.0 kg)
- Germany (1.0 kg)
305
This report provides an in-depth analysis of the phenylacetic acid market in Turkey.
305
This report provides an in-depth analysis of the monocarboxylic acid market in Turkey.
337
This report provides an in-depth analysis of the benzoic acid market in Turkey.
549
This report provides an in-depth analysis of the market for benzoyl peroxide and chloride in Turkey.
454
This report provides an in-depth analysis of the acrylic acid esters market in Turkey.
349
This report provides an in-depth analysis of the methacrylic acid esters market in Turkey.
341
This report provides an in-depth analysis of the methacrylic acid market in Turkey.
309
This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids in Turkey.
460
This report provides an in-depth analysis of the global phenylacetic acid market.
663
This report provides an in-depth analysis of the global monocarboxylic acid market.
253
In March 2023, the price of Phenylacetic Acid reached $18,451 per ton (CIF, Turkey), showing a decrease of -10.1% compared to the previous month.
316
In March 2023, the methacrylic acid esters price stood at $1,723 per ton (CIF, Turkey), surging by 6.1% against the previous month.
958
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
914
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
253
In March 2023, the price of Phenylacetic Acid reached $18,451 per ton (CIF, Turkey), showing a decrease of -10.1% compared to the previous month.
316
In March 2023, the methacrylic acid esters price stood at $1,723 per ton (CIF, Turkey), surging by 6.1% against the previous month.
958
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
914
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
