Turkey: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Turkey

In 2021, the Turkish mixed alkylbenzenes, mixed alkylnaphthalenes market increased by 11% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Turkey

In 2021, the amount of mixed alkylbenzenes, mixed alkylnaphthalenes exported from Turkey fell remarkably to X tons, waning by -78.3% on 2020. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 336%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports reduced dramatically to $X in 2021. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 166%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) was the main destination for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Turkey, accounting for a 38% share of total exports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes exports to Uzbekistan exceeded the volume sent to the second major destination, Hungary (X tons), threefold. The third position in this ranking was held by India (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uzbekistan totaled +37.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (0.0% per year) and India (0.0% per year).

In value terms, Hungary ($X), Uzbekistan ($X) and Israel ($X) constituted the largest markets for mixed alkylbenzenes, mixed alkylnaphthalenes exported from Turkey worldwide, together accounting for 58% of total exports.

Israel, with a CAGR of +332.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $X per ton, growing by 114% against the previous year. Overall, the export price, however, saw a noticeable downturn. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Uzbekistan ($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 Israel (+89.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Turkey

In 2021, after two years of growth, there was significant decline in purchases abroad of mixed alkylbenzenes, mixed alkylnaphthalenes, when their volume decreased by -10.5% to X tons. The total import volume increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by 31% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports soared to $X in 2021. In general, imports saw a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Egypt (X tons), Italy (X tons) and Iran (X tons) were the main suppliers of mixed alkylbenzenes, mixed alkylnaphthalenes imports to Turkey, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Iran (with a CAGR of +23.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed alkylbenzenes, mixed alkylnaphthalenes suppliers to Turkey were Egypt ($X), Italy ($X) and Iran ($X), together comprising 89% of total imports.

Iran, with a CAGR of +25.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, picking up by 39% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. 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 somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Spain ($X per ton) and Saudi Arabia ($X per ton), while the price for Iran ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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