
Turkey - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSorbitol Price in Turkey Drops 4% to $743 per Ton After Three Consecutive Months of Contraction
Turkey Sorbitol Export Price in January 2023
In January 2023, the sorbitol price amounted to $743 per ton (FOB, Turkey), with a decrease of -3.6% against the previous month. In general, the export price, however, recorded a mild increase. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices reached the peak figure at $831 per ton in June 2022; however, from July 2022 to January 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In January 2023, the countries with the highest prices were Azerbaijan ($849 per ton) and El Salvador ($836 per ton), while the average price for exports to Egypt ($650 per ton) and Nigeria ($684 per ton) were amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
COUNTRY | Export Price of Sorbitol in Turkey (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
Azerbaijan | 1,003 | 785 | N/A | 789 | 789 | 808 | 780 | 799 | 943 | 766 | 900 | N/A | 849 |
El Salvador | N/A | N/A | N/A | N/A | 800 | N/A | N/A | 775 | N/A | N/A | N/A | N/A | 836 |
Costa Rica | N/A | N/A | N/A | N/A | 800 | N/A | N/A | 787 | N/A | 775 | N/A | N/A | 807 |
Algeria | 902 | 684 | 770 | 752 | 820 | 842 | 823 | 758 | 950 | 818 | 832 | 1,292 | 802 |
Serbia | 736 | 640 | 747 | 800 | 794 | 810 | N/A | 810 | 780 | 699 | 600 | 800 | 800 |
Honduras | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 778 |
Brazil | N/A | 770 | 776 | 756 | 782 | N/A | 794 | 795 | N/A | N/A | N/A | N/A | 758 |
Argentina | 620 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 746 | N/A | N/A | 752 |
Ecuador | 818 | N/A | N/A | 776 | 800 | 817 | N/A | N/A | 835 | N/A | N/A | N/A | 743 |
Jordan | N/A | N/A | 799 | N/A | N/A | N/A | N/A | 721 | 705 | N/A | N/A | 758 | 726 |
Uruguay | 550 | N/A | 810 | N/A | 810 | N/A | N/A | 810 | N/A | N/A | 700 | N/A | 700 |
Nigeria | 564 | 539 | 568 | N/A | N/A | N/A | N/A | 687 | 669 | 671 | 688 | 665 | 684 |
Egypt | 620 | N/A | 654 | 764 | 782 | 748 | 787 | 777 | N/A | N/A | 713 | 650 | 650 |
Average | 660 | 683 | 671 | 762 | 815 | 831 | 824 | 830 | 752 | 791 | 777 | 771 | 743 |
Turkey Sorbitol Exports
In January 2023, shipments abroad of sorbitol (excluding d-glucitol) decreased by -45.6% to 1.4K tons for the first time since September 2022, thus ending a three-month rising trend. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in August 2022 with an increase of 66% month-to-month.
In value terms, sorbitol exports shrank significantly to $1.1M (IndexBox estimates) in January 2023. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in August 2022 when exports increased by 68% month-to-month.
Turkey Sorbitol Exports by Country
Nigeria (360 tons), Egypt (312 tons) and Algeria (193 tons) were the main destinations of sorbitol exports from Turkey, together comprising 61% of total exports. These countries were followed by Brazil, Serbia, Argentina, Azerbaijan, Jordan, Honduras, Ecuador, Costa Rica, Uruguay and El Salvador, which together accounted for a further 28%.
From January 2022 to January 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +13.4%), while the other leaders experienced more modest paces of growth.
In value terms, Nigeria ($246K), Egypt ($203K) and Algeria ($155K) were the largest markets for sorbitol exported from Turkey worldwide, with a combined 57% share of total exports. Brazil, Serbia, Argentina, Azerbaijan, El Salvador, Costa Rica, Honduras, Ecuador, Jordan and Uruguay lagged somewhat behind, together accounting for a further 29%.
In terms of the main countries of destination, Brazil, with a CAGR of +13.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the sorbitol 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 20595770 - Sorbitol (excluding D-glucitol)
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 THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024