Turkey - Degras - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTurkey's Degras Exports Reach $4.4 Million High in 2023
Turkey Degras Exports
In 2023, exports of degras from Turkey surged to 4.7K tons, jumping by 864% compared with the year before. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, degras exports surged to $4.4M (IndexBox estimates) in 2023. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2022 with an increase of 921% against the previous year. The exports peaked in 2023 and are likely to continue growth in the near future.
| COUNTRY | Export Value of Degras in Turkey (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Italy | 16.3 | 103 | 89.2 | 30.9 | N/A | 12.3 | 11.8 | N/A | 26.6 | 12.5 | 2,857 |
| Bulgaria | N/A | N/A | N/A | N/A | N/A | N/A | 14.8 | N/A | N/A | 571 | 1,503 |
| Syrian Arab Republic | 114 | 43.9 | N/A | 96.0 | 138 | N/A | N/A | 10.0 | 8.2 | 0.3 | 1.5 |
| Azerbaijan | 2.2 | N/A | N/A | N/A | 109 | 83.4 | 106 | 23.7 | 20.3 | N/A | N/A |
| Iran | 87.2 | 90.3 | N/A | N/A | 2.2 | N/A | N/A | 0.5 | N/A | N/A | N/A |
| Others | 103 | 4.5 | 21.7 | 10.8 | 55.9 | 40.4 | 2.3 | 48.1 | 3.1 | 10.9 | 22.4 |
| Total | 323 | 242 | 111 | 138 | 304 | 136 | 135 | 82.3 | 58.3 | 595 | 4,384 |
Exports by Country
Italy (3K tons), Bulgaria (1.7K tons) and Syrian Arab Republic (2 tons) were the main destinations of degras exports from Turkey, together comprising 100% of total exports.
From 2013 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of +191.4%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, Italy ($2.9M), Bulgaria ($1.5M) and Syrian Arab Republic ($1.5K) appeared to be the largest markets for degras exported from Turkey worldwide, with a combined 99% share of total exports.
In terms of the main countries of destination, Bulgaria, with a CAGR of +217.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
In 2023, the degras price stood at $938 per ton (FOB, Turkey), reducing by -23.5% against the previous year. Overall, the export price saw a slight curtailment. The growth pace was the most rapid in 2021 an increase of 59% against the previous year. Over the period under review, the average export prices reached the maximum at $1,226 per ton in 2022, and then fell sharply in the following year.
Average prices varied somewhat for the major foreign markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Italy ($950 per ton) and Bulgaria ($906 per ton), while the average price for exports to Azerbaijan ($739 per ton) and Syrian Arab Republic ($764 per ton) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the degras 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 10417200 - Degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes
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.
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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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
