Turkey: Ethylene Dichloride Market 2024

Ethylene Dichloride Market Size in Turkey

The Turkish ethylene dichloride market dropped to $X in 2022, falling by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced downturn. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Ethylene Dichloride Production in Turkey

In value terms, ethylene dichloride production totaled $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by X%. Ethylene dichloride production peaked in 2022 and is likely to see gradual growth in the near future.

Ethylene Dichloride Exports

Exports from Turkey

Ethylene dichloride exports from Turkey surged to X tons in 2022, jumping by X% against the previous year's figure. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, ethylene dichloride exports fell notably to $X in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

India (X tons) was the main destination for ethylene dichloride exports from Turkey, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled X.0%.

In value terms, India ($X) emerged as the key foreign market for X-dichloroethane (ethylene dichloride) exports from Turkey.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at X%.

Export Prices by Country

In 2022, the average ethylene dichloride export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price recorded a dramatic downturn. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to X% per year.

Ethylene Dichloride Imports

Imports into Turkey

In 2022, the amount of X-dichloroethane (ethylene dichloride) imported into Turkey reduced dramatically to X tons, with a decrease of X% compared with the previous year's figure. In general, imports faced a sharp descent. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, ethylene dichloride imports dropped notably to $X in 2022. Overall, imports faced a sharp decrease. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of ethylene dichloride to Turkey, with a X% share of total imports. Moreover, ethylene dichloride imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. France (X kg) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, the United States ($X) constituted the largest supplier of X-dichloroethane (ethylene dichloride) to Turkey, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average ethylene dichloride import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene dichloride import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then dropped in the following year.

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 Belgium ($X per ton), while the price for the United States ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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