Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey (CIF) - 2023
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey (CIF) - 2023
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $12,711 per ton in December 2023, which is down by -11.8% against the previous month. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in February 2023 an increase of 56% against the previous month. As a result, import price reached the peak level of $36,559 per ton. From March 2023 to December 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to -3.9% per month.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $21,861 per ton, increasing by 206% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 2,206%. Over the period under review, the average export prices attained the peak figure at $103,826 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($59,778 per ton), while the average price for exports to Azerbaijan totaled $13,814 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+82.0%).
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey
In 2022, approx. 143 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were imported into Turkey; with an increase of 81% compared with 2021. In general, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $3M in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 0.5 | 1.0 | 2.9 | 69.1% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 0.7 | 0.7 | 1.0 | 3.0 | 62.4% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Turkey in 2022:
- China (141.9 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey
In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses exported from Turkey shrank notably to 105 kg, dropping by -98.7% on the previous year. Over the period under review, exports recorded a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 2,428%.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced remarkably to $2.3K in 2022. In general, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 90%.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | N/A | N/A | 1.2 | 0% |
| Russia | N/A | N/A | N/A | 1.1 | 0% |
| Colombia | 15.2 | N/A | N/A | N/A | 0% |
| Jordan | 83.7 | 30.6 | N/A | N/A | -63.4% |
| Netherlands | N/A | N/A | 57.6 | N/A | 0% |
| Others | 0.2 | 0.1 | 0.8 | N/A | 100.0% |
| Total | 99.1 | 30.8 | 58.4 | 2.3 | -71.5% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Turkey in 2022:
- Azerbaijan (86.0 kg)
- Russia (18.0 kg)
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