Turkey - Ketones And Quinones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKetone and Quinone Price in Turkey - 2023
Contents:
- Ketone and Quinone Price in Turkey (CIF) - 2022
- Ketone and Quinone Price in Turkey (FOB) - 2022
- Ketone and Quinone Imports in Turkey
- Ketone and Quinone Exports in Turkey
Ketone and Quinone Price in Turkey (CIF) - 2022
In 2022, the average ketone and quinone import price amounted to $1,688 per ton, remaining stable against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 40% against the previous year. The import price peaked at $1,712 per ton in 2014; afterwards, it flattened through to 2022.
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 China ($3,815 per ton), while the price for Russia ($874 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Ketone and Quinone Price in Turkey (FOB) - 2022
The average ketone and quinone export price stood at $3,040 per ton in 2022, which is down by -16.5% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22%. The export price peaked at $9,035 per ton in 2012; however, from 2013 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 the Netherlands ($10,768 per ton), while the average price for exports to Greece ($1,047 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 Greece (-1.4%), while the prices for the other major destinations experienced a decline.
Ketone and Quinone Imports in Turkey
In 2022, approx. 13K tons of ketones and quinones were imported into Turkey; declining by -81.2% compared with the previous year's figure. Overall, imports faced a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of 70K tons, and then shrank significantly in the following year.
In value terms, ketone and quinone imports shrank markedly to $22M in 2022. Over the period under review, imports recorded a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 73%. As a result, imports reached the peak of $117M, and then shrank notably in the following year.
| Import of Ketone and Quinone in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.8 | 19.2 | 33.2 | 6.3 | -29.3% |
| Saudi Arabia | 2.8 | 5.9 | 13.0 | 2.4 | -5.0% |
| Belgium | 6.5 | 5.4 | 12.2 | 2.3 | -29.3% |
| Russia | 4.6 | 5.3 | 9.8 | 1.8 | -26.9% |
| South Korea | 1.6 | 4.3 | 8.6 | 1.6 | 0.0% |
| Spain | 3.5 | 2.1 | 6.3 | 1.2 | -30.0% |
| Netherlands | 4.8 | 4.2 | 5.9 | 1.1 | -38.8% |
| Others | 18.1 | 21.0 | 27.8 | 5.4 | -33.2% |
| Total | 59.7 | 67.3 | 117 | 22.1 | -28.2% |
Top Suppliers of Ketone and Quinone to Turkey in 2022:
- Belgium (2.5K tons)
- Saudi Arabia (2.4K tons)
- Russia (2.1K tons)
- China (1.6K tons)
- Spain (1.1K tons)
- South Korea (1.0K tons)
- Netherlands (0.8K tons)
Ketone and Quinone Exports in Turkey
In 2022, exports of ketones and quinones from Turkey contracted significantly to 5.8K tons, dropping by -45.7% against the previous year's figure. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 83%. As a result, the exports attained the peak of 11K tons, and then fell significantly in the following year.
In value terms, ketone and quinone exports contracted significantly to $18M in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 124% against the previous year. As a result, the exports reached the peak of $39M, and then fell remarkably in the following year.
| Export of Ketone and Quinone in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.7 | 4.2 | 7.3 | 3.2 | -4.7% |
| Austria | 0.9 | 2.1 | 5.2 | 2.3 | 36.7% |
| Germany | 1.3 | 1.5 | 4.0 | 1.8 | 11.5% |
| Bulgaria | 1.1 | 1.3 | 3.8 | 1.7 | 15.6% |
| United States | 1.0 | 1.2 | 3.2 | 1.4 | 11.9% |
| Iran | 2.4 | 1.1 | 1.5 | 1.0 | -25.3% |
| Greece | 0.7 | 0.9 | 1.8 | 0.8 | 4.6% |
| Egypt | 0.1 | 0.1 | 1.4 | 0.6 | 81.7% |
| Brazil | 0.1 | 0.3 | 1.1 | 0.5 | 71.0% |
| Spain | 1.3 | 0.4 | 1.2 | 0.5 | -27.3% |
| Italy | 0.3 | 0.5 | 0.9 | 0.4 | 10.1% |
| Romania | N/A | 0.1 | 0.7 | 0.3 | 73.2% |
| Azerbaijan | 0.2 | 0.3 | 0.5 | 0.2 | 0.0% |
| Others | 3.9 | 3.4 | 6.0 | 2.7 | -11.5% |
| Total | 17.1 | 17.2 | 38.6 | 17.5 | 0.8% |
Top Export Markets for Ketone and Quinone from Turkey in 2022:
- Bulgaria (1485.6 tons)
- Greece (762.8 tons)
- Austria (558.1 tons)
- Germany (426.2 tons)
- Egypt (425.8 tons)
- Netherlands (298.8 tons)
- Iran (275.8 tons)
- Italy (262.3 tons)
- Romania (246.4 tons)
- United States (212.8 tons)
- Azerbaijan (149.3 tons)
- Brazil (100.7 tons)
- Spain (93.7 tons)
This report provides an in-depth analysis of the ketone and quinone 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 20146211 - Acetone
- Prodcom 20146213 - Butanone (methyl ethyl ketone)
- Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)
- Prodcom 20146219 - Acyclic ketones, without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), 4-methylpentan-2one (methyl isobutyl ketone))
- Prodcom 20146231 - Camphor, aromatic ketones without other oxygen function, k etone-alcohols, ketone-aldehydes, ketone-phenols and ketones with other oxygen function
- Prodcom 20146233 - Cyclohexanone and methylcyclohexanones
- Prodcom 20146235 - Ionones and methylionones
- Prodcom 20146239 - Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function (excluding camphor, cyclohexanone and methylcyclohexanones, ionones and methylionones)
- Prodcom 20146260 - Quinones
- Prodcom 20146270 - Halogenated, sulphonated, nitrated or nitrosated derivatives of ketones and quinones
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.
-
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
-
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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