Report Update Jan 1, 2025

Turkey - Nitrates (Excluding Those of Potassium) - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Nitrates Market 2025

Nitrates Market Size in Turkey

In 2021, the Turkish nitrates market increased by 25% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption showed a resilient expansion. Nitrates consumption peaked in 2021 and is expected to retain growth in the near future.

Nitrates Production in Turkey

In value terms, nitrates production expanded sharply to $X in 2021 estimated in export price. Overall, production posted prominent growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by 56% against the previous year. Nitrates production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Nitrates Exports

Exports from Turkey

In 2021, shipments abroad of nitrates (excluding those of potassium) decreased by -11.3% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 48%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, nitrates exports rose markedly to $X in 2021. Overall, exports continue to indicate a deep slump. The growth pace was the most rapid in 2017 when exports increased by 33% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Turkmenistan (X tons) was the main destination for nitrates exports from Turkey, accounting for a 30% share of total exports. Moreover, nitrates exports to Turkmenistan exceeded the volume sent to the second major destination, Georgia (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkmenistan totaled +34.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+20.0% per year) and Germany (+16.4% per year).

In value terms, the largest markets for nitrates exported from Turkey were Turkmenistan ($X), Germany ($X) and Italy ($X), together accounting for 62% of total exports. Georgia, Tunisia, Egypt, Azerbaijan and Israel lagged somewhat behind, together accounting for a further 22%.

Among the main countries of destination, Egypt, with a CAGR of +62.6%, saw 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.

Export Prices by Country

In 2021, the average nitrates export price amounted to $X per ton, picking up by 20% against the previous year. Overall, the export price, however, continues to indicate a deep setback. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Egypt ($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 Egypt (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrates Imports

Imports into Turkey

In 2021, approx. X tons of nitrates (excluding those of potassium) were imported into Turkey; picking up by 195% on the year before. In general, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nitrates imports soared to $X in 2021. Overall, imports showed notable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main nitrates supplier to Turkey, with a 98% share of total imports. It was followed by Poland (X tons), with a 0.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +38.7%.

In value terms, China ($X) constituted the largest supplier of nitrates (excluding those of potassium) to Turkey, comprising 88% of total imports. The second position in the ranking was held by Poland ($X), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +31.4%.

Import Prices by Country

In 2021, the average nitrates import price amounted to $X per ton, dropping by -14.3% against the previous year. In general, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Poland ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrates (excluding those of potassium) in the world?

China remains the largest nitrates consuming country worldwide, accounting for 20% of total volume. Moreover, nitrates consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.5% share.

What are the largest producers of nitrates (excluding those of potassium) in the world?

The country with the largest volume of nitrates production was China, comprising approx. 30% of total volume. Moreover, nitrates production in China exceeded the figures recorded by the second-largest producer, Norway, threefold. The third position in this ranking was occupied by India, with a 7.5% share.

What are the leading suppliers of nitrates (excluding those of potassium) to Turkey?

In value terms, China constituted the largest supplier of nitrates to Turkey.

What are the leading importers of nitrates (excluding those of potassium) from Turkey?

In value terms, the largest markets for nitrates exported from Turkey were Turkmenistan, Germany and Italy, together comprising 62% of total exports. These countries were followed by Georgia, Tunisia, Egypt and Azerbaijan, which together accounted for a further 21%.

What is the average export price for nitrates (excluding those of potassium) in Turkey?

In 2021, the average nitrates export price amounted to $891 per ton, picking up by 35% against the previous year.

What is the average import price for nitrates (excluding those of potassium) in Turkey?

The average nitrates import price stood at $204 per ton in 2021, shrinking by -19.8% against the previous year.

This report provides an in-depth analysis of the nitrates 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 20134210 - Nitrates (excluding those of potassium)

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:

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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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024