Report Update Nov 1, 2024

Turkey - O-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: O-Xylene Market 2024

O-Xylene Market Size in Turkey

The Turkish o-xylene market declined to $X in 2022, falling by -5.1% against the previous year. In general, consumption recorded a significant increase. O-xylene consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

O-Xylene Production in Turkey

In value terms, o-xylene production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

O-Xylene Exports

Exports from Turkey

In 2014, exports of o-xylene from Turkey dropped notably to X tons, waning by -97.5% on the previous year's figure. Over the period under review, exports saw a significant decrease. The smallest decline of -60.7% was in 2013. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2014, the exports stood at a somewhat lower figure.

In value terms, o-xylene exports fell significantly to $X in 2014. In general, exports recorded a significant contraction. The smallest decline of -58.4% was in 2013. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2014, the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons) was the main destination for o-xylene exports from Turkey, with a 98% share of total exports. It was followed by Azerbaijan (X tons), with a 1.7% share of total exports.

From 2012 to 2014, the average annual growth rate of volume to Bulgaria totaled -72.5%.

In value terms, Bulgaria ($X) remains the key foreign market for o-xylene exports from Turkey, comprising 99% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 1.5% share of total exports.

From 2012 to 2014, the average annual rate of growth in terms of value to Bulgaria amounted to -69.9%.

Export Prices by Country

The average o-xylene export price stood at $X per ton in 2014, picking up by 18% against the previous year. Over the period from 2012 to 2014, it increased at an average annual rate of +11.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2014, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Azerbaijan stood at $X per ton.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+9.5%).

O-Xylene Imports

Imports into Turkey

In 2022, purchases abroad of o-xylene was finally on the rise to reach X kg after two years of decline. In general, imports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2015 when imports increased by 7,296,436% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, o-xylene imports soared to $X in 2022. Overall, imports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2015 when imports increased by 129,838%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X kg) constituted the largest supplier of o-xylene to Turkey, accounting for a 80% share of total imports. Moreover, o-xylene imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X kg), more than tenfold. The third position in this ranking was taken by Italy (X kg), with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (0.0% per year) and Italy (-15.9% per year).

In value terms, Germany ($X) constituted the largest supplier of o-xylene to Turkey, comprising 79% of total imports. The second position in the ranking was held by Switzerland ($X), with a 6.3% share of total imports. It was followed by Italy, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (0.0% per year) and Italy (-20.9% per year).

Import Prices by Country

The average o-xylene import price stood at $X per ton in 2022, declining by -5% against the previous year. Overall, the import price, however, saw modest growth. The growth pace was the most rapid in 2017 an increase of 6,972% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average 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 ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.7%), 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 o-xylene in the world?

The countries with the highest volumes of in 2021 were the UK, China and Singapore, with a combined 33% share of global consumption. Germany, Italy, the United States, Russia, Belgium, South Korea, India, Iran, the Netherlands and Indonesia lagged somewhat behind, together accounting for a further 45%.

What are the largest producers of o-xylene in the world?

The countries with the highest volumes of in 2021 were India, Singapore and the UK, together accounting for 45% of global production.

What are the leading suppliers of o-xylene to Turkey?

In value terms, Germany constituted the largest supplier of o-xylene to Turkey, comprising 83% of total imports. The second position in the ranking was occupied by the UK $378), with an 8.8% share of total imports. It was followed by the United States, with a 4.1% share.

What are the leading importers of o-xylene from Turkey?

In value terms, India remains the key foreign market for o-xylene exports from Turkey, comprising 87% of total exports. The second position in the ranking was occupied by Ukraine, with a 13% share of total exports.

What is the average export price for o-xylene in Turkey?

In 2021, the average o-xylene export price amounted to $655 per ton, growing by 7.5% against the previous year.

What is the average import price for o-xylene in Turkey?

In 2021, the average o-xylene import price amounted to $12,478 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the o-xylene 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 20141243 - o-Xylene

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
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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
How to make your supply chain more sustainable
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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 2012–2023
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