Turkey: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in Turkey

The Turkish dicalcium phosphate market skyrocketed to $X in 2021, jumping by 180% against the previous year. Overall, consumption enjoyed significant growth. Dicalcium phosphate consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Dicalcium Phosphate Production in Turkey

In value terms, dicalcium phosphate production soared to $X in 2021 estimated in export price. Overall, production showed a significant increase. The growth pace was the most rapid in 2018 when the production volume increased by 3,681% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Dicalcium Phosphate Exports

Exports from Turkey

In 2021, approx. X tons of calcium hydrogenorthophosphate (dicalcium phosphate) were exported from Turkey; falling by -29.5% compared with 2020. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 141% against the previous year. The exports peaked at X tons in 2020, and then dropped notably in the following year.

In value terms, dicalcium phosphate exports shrank slightly to $X in 2021. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 125% against the previous year. The exports peaked at $X in 2020, and then dropped modestly in the following year.

Exports by Country

Egypt (X tons) was the main destination for dicalcium phosphate exports from Turkey, with a 33% share of total exports. Moreover, dicalcium phosphate exports to Egypt exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was taken by Azerbaijan (X tons), with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Egypt amounted to +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+54.7% per year) and Azerbaijan (+0.1% per year).

In value terms, Egypt ($X) remains the key foreign market for calcium hydrogenorthophosphate (dicalcium phosphate) exports from Turkey, comprising 33% of total exports. The second position in the ranking was held by Spain ($X), with a 15% share of total exports. It was followed by Azerbaijan, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value to Egypt amounted to +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+53.7% per year) and Azerbaijan (-1.1% per year).

Export Prices by Country

The average dicalcium phosphate export price stood at $X per ton in 2021, growing by 39% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Dicalcium Phosphate Imports

Imports into Turkey

In 2021, the amount of calcium hydrogenorthophosphate (dicalcium phosphate) imported into Turkey fell significantly to X tons, dropping by -54.1% against the previous year's figure. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 204%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, dicalcium phosphate imports rose notably to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 33% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of dicalcium phosphate imports to Turkey, with a combined 73% share of total imports. Saudi Arabia, India, China, the United States and Spain lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +72.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of calcium hydrogenorthophosphate (dicalcium phosphate) to Turkey, comprising 50% of total imports. The second position in the ranking was held by India ($X), with a 15% share of total imports. It was followed by the United States, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+83.0% per year) and the United States (+26.5% per year).

Import Prices by Country

In 2021, the average dicalcium phosphate import price amounted to $X per ton, growing by 147% against the previous year. Overall, the import price posted a strong increase. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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