Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Turkey - 2023
Contents:
- Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey (CIF) - 2023
- Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey (FOB) - 2022
- Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey
- Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey
Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey (CIF) - 2023
In December 2023, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $5,711 per ton, increasing by 5% against the previous month. Overall, the import price, however, continues to indicate a pronounced descent. The pace of growth was the most pronounced in July 2023 an increase of 30% month-to-month. Over the period under review, average import prices attained the peak figure at $7,531 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($37,793 per ton), while the price for Russia ($3,676 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey (FOB) - 2022
In 2022, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $12,529 per ton, picking up by 7.2% against the previous year. In general, the export price, however, saw a mild slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 187% against the previous year. Over the period under review, the average export prices reached the peak figure at $21,584 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($30,161 per ton), while the average price for exports to Iraq ($5,934 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 France (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey
In 2022, purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -12% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 4.8K tons, and then fell in the following year.
In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses rose notably to $31M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 8.1 | 8.7 | 11.5 | 23.5% |
| India | 4.8 | 5.4 | 7.4 | 9.0 | 23.3% |
| Thailand | N/A | 0.1 | 3.8 | 2.2 | 369.0% |
| France | 2.1 | 1.9 | 1.9 | 1.2 | -17.0% |
| Russia | 0.1 | 0.3 | 0.5 | 0.7 | 91.3% |
| United Kingdom | 1.1 | 1.6 | 1.1 | 0.1 | -55.0% |
| Others | 2.7 | 3.6 | 4.3 | 6.1 | 31.2% |
| Total | 16.9 | 20.9 | 27.8 | 30.8 | 22.1% |
Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Turkey in 2022:
- India (2082.0 tons)
- China (1199.4 tons)
- Thailand (275.0 tons)
- France (199.5 tons)
- Russia (138.2 tons)
- United Kingdom (44.6 tons)
Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey
In 2022, approx. 356 tons of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses were exported from Turkey; surging by 2% against the year before. The total export volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses rose significantly to $4.5M in 2022. Overall, exports, however, saw a drastic downturn.
| Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 3,331 | 764 | 961 | 1,136 | -30.1% |
| Iraq | 64.0 | 126 | 275 | 1,012 | 151.0% |
| Kenya | N/A | N/A | N/A | 754 | 0% |
| Australia | 287 | N/A | 141 | 377 | 9.5% |
| South Korea | 99.1 | 190 | 35.8 | 187 | 23.6% |
| Tanzania | 163 | 273 | 184 | 177 | 2.8% |
| Uzbekistan | 2.0 | N/A | 18.0 | 57.0 | 205.5% |
| Iran | 69.6 | 709 | 244 | 9.4 | -48.7% |
| China | N/A | 73.3 | N/A | N/A | 0% |
| France | 1,068 | 1,074 | 1,675 | N/A | 25.2% |
| Others | 686 | 648 | 545 | 753 | 3.2% |
| Total | 5,769 | 3,857 | 4,080 | 4,463 | -8.2% |
Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Turkey in 2022:
- Iraq (170.6 tons)
- South Africa (40.6 tons)
- Kenya (26.4 tons)
- Tanzania (25.5 tons)
- Australia (13.2 tons)
- Uzbekistan (7.6 tons)
- South Korea (6.2 tons)
- Iran (1.0 tons)
314
This report provides an in-depth analysis of the imines market in Turkey.
329
This report provides an in-depth analysis of the saccharin market in Turkey.
450
This report provides an in-depth analysis of the global imines market.
743
This report provides an in-depth analysis of the global saccharin market.
314
This report provides an in-depth analysis of the imines market in Turkey.
329
This report provides an in-depth analysis of the saccharin market in Turkey.
450
This report provides an in-depth analysis of the global imines market.
743
This report provides an in-depth analysis of the global saccharin market.
175
In March 2023, the growth pace of Saccharin imports was the most rapid, increasing by 183% month-on-month. In terms of value, imports of Saccharin skyrocketed to $851K in July 2023.
175
In March 2023, the growth pace of Saccharin imports was the most rapid, increasing by 183% month-on-month. In terms of value, imports of Saccharin skyrocketed to $851K in July 2023.
