Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey - 2023

Contents:

1. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey (CIF) - 2022
2. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey (FOB) - 2022
3. Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey
4. Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey (CIF) - 2022

In 2022, the average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $4,076 per ton, rising by 1.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 24% against the previous year. The import price peaked at $4,766 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($5,072 per ton), while the price for Poland ($3,423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey (FOB) - 2022

In 2022, the average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $3,318 per ton, growing by 80% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by 88% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($10,741 per ton), while the average price for exports to Ukraine ($1,150 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 Algeria (+23.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey

In 2022, approx. 63 tons of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves were imported into Turkey; picking up by 368% compared with the previous year's figure. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves skyrocketed to $259K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Turkey in 2022:

1. Poland (34.3 tons)
2. Germany (19.7 tons)
3. United Kingdom (9.4 tons)

Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Turkey

For the fourth consecutive year, Turkey recorded growth in shipments abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves, which increased by 239% to 53 tons in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves surged to $175K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from Turkey in 2022:

1. Russia (34.2 tons)
2. Uzbekistan (14.3 tons)
3. Libya (2.3 tons)
4. Iraq (1.5 tons)

Source: IndexBox Market Intelligence Platform