Turkey: Market for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) 2024

Market Size for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Turkey

After two years of decline, the Turkish market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) increased by 24% to $X in 2021. In general, consumption, however, saw a perceptible shrinkage. Consumption of (excl. hexamethylenediamine and ethylenediamine) peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Turkey

In value terms, production of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) surged to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt descent. Over the period under review, production of (excl. hexamethylenediamine and ethylenediamine) hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Exports from Turkey

In 2021, overseas shipments of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) increased by 68% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports saw significant growth. The growth pace was the most rapid in 2018 when exports increased by 217%. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) soared to $X in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 323% against the previous year. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) attained the maximum in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Kazakhstan (X tons), Greece (X tons) and Uzbekistan (X tons) were the main destinations of exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Turkey, together comprising 36% of total exports. Qatar, Poland, Iran, Azerbaijan, Saudi Arabia, South Africa, North Macedonia, Iraq, Germany and Ukraine lagged somewhat behind, together comprising a further 48%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +1,985.1%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Iran ($X) and Greece ($X) were the largest markets for acyclic polyamines and their derivatives and salts thereof exported from Turkey worldwide, together accounting for 37% of total exports. These countries were followed by Qatar, Uzbekistan, Poland, Saudi Arabia, Azerbaijan, Germany, North Macedonia, South Africa, Ukraine and Iraq, which together accounted for a further 47%.

South Africa, with a CAGR of +2,253.3%, recorded 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

The average export price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, picking up by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2018 an increase of 33% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Iran ($X per ton), while the average price for exports to Iraq ($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 South Africa (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Imports into Turkey

In 2021, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) into Turkey skyrocketed to X tons, increasing by 21% against the year before. Overall, imports saw buoyant growth. The growth pace was the most rapid in 2019 when imports increased by 23%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) soared to $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports (excl. hexamethylenediamine and ethylenediamine) increased by +90.2% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest acyclic polyamines and their derivatives and salts thereof supplier to Turkey, accounting for a 34% share of total imports. Moreover, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Germany exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+20.6% per year) and China (+39.1% per year).

In value terms, Germany ($X) constituted the largest supplier of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Turkey, comprising 30% of total imports. The second position in the ranking was held by India ($X), with a 13% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+23.3% per year) and China (+29.8% per year).

Import Prices by Country

In 2021, the average import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) amounted to $X per ton, with an increase of 9.7% against the previous year. Overall, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Sweden ($X per ton) and India ($X per ton), while the price for the United Arab Emirates ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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