Report Update Nov 1, 2024

Turkey - Methyloxirane (Propylene Oxide) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Turkey: Propylene Oxide Market 2024

Propylene Oxide Market Size in Turkey

In 2021, the Turkish propylene oxide market increased by 114% to $X for the first time since 2014, thus ending a six-year declining trend. Over the period under review, consumption, however, showed a abrupt decline. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Propylene Oxide Production in Turkey

In value terms, propylene oxide production declined modestly to $X in 2021 estimated in export price. Overall, production recorded a noticeable decrease. The growth pace was the most rapid in 2020 with an increase of 3.6%. Propylene oxide production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Propylene Oxide Exports

Exports from Turkey

In 2021, the amount of methyloxirane (propylene oxide) exported from Turkey skyrocketed to X tons, increasing by 28% against the year before. In general, exports, however, showed a noticeable decrease. The growth pace was the most rapid in 2020 when exports increased by 1,553% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, propylene oxide exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of 1,799% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for propylene oxide exports from Turkey, with a 100% share of total exports. It was followed by Iran (X kg), with a 0.4% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia was relatively modest.

In value terms, Russia ($X) emerged as the key foreign market for methyloxirane (propylene oxide) exports from Turkey, comprising 100% of total exports. The second position in the ranking was taken by Iran ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia was relatively modest.

Export Prices by Country

The average propylene oxide export price stood at $X per ton in 2021, rising by 52% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Iran totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-4.9%).

Propylene Oxide Imports

Imports into Turkey

In 2021, purchases abroad of methyloxirane (propylene oxide) increased by 1,071% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, propylene oxide imports soared to $X in 2021. In general, imports, however, saw a drastic downturn. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons) and Russia (X tons) were the main suppliers of propylene oxide imports to Turkey.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of 0.0%).

In value terms, the Netherlands ($X) constituted the largest supplier of methyloxirane (propylene oxide) to Turkey, comprising 64% of total imports. The second position in the ranking was held by Russia ($X), with a 32% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at -11.1%.

Import Prices by Country

In 2021, the average propylene oxide import price amounted to $X per ton, which is down by -6.1% against the previous year. In general, the import price saw a slight decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for methyloxirane (propylene oxide) in the world?

The countries with the highest volumes of propylene oxide consumption in 2021 were the Netherlands, China and Singapore, together accounting for 64% of global consumption.

What are the largest producers of methyloxirane (propylene oxide) in the world?

The Netherlands constituted the country with the largest volume of propylene oxide production, accounting for 37% of total volume. Moreover, propylene oxide production in the Netherlands exceeded the figures recorded by the second-largest producer, Singapore, twofold. The United States ranked third in terms of total production with a 16% share.

What are the leading suppliers of methyloxirane (propylene oxide) to Turkey?

In value terms, Russia constituted the largest supplier of propylene oxide to Turkey, comprising 92% of total imports. The second position in the ranking was occupied by France $831), with a 2.1% share of total imports.

What is the average export price for methyloxirane (propylene oxide) in Turkey?

The average propylene oxide export price stood at $1,925 per ton in 2021, remaining relatively unchanged against the previous year.

What is the average import price for methyloxirane (propylene oxide) in Turkey?

In 2021, the average propylene oxide import price amounted to $1,940 per ton, waning by -2.9% against the previous year.

This report provides an in-depth analysis of the propylene oxide 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 20146375 - Methyloxirane (propylene oxide)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023