Report Update Nov 1, 2024

Turkey - Pyrites - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Pyrites Market 2024

Pyrites Market Size in Turkey

The Turkish pyrites market was estimated at $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2019 when the market value increased by 3.7% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pyrites Production in Turkey

In value terms, pyrites production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible slump. The pace of growth was the most pronounced in 2019 with an increase of 3.7% against the previous year. Pyrites production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Pyrites Exports

Exports from Turkey

In 2022, approx. X tons of pyrites were exported from Turkey; almost unchanged from 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 605% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, pyrites exports surged to $X in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2018 with an increase of 294%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for pyrites exports from Turkey, with a 81% share of total exports. Moreover, pyrites exports to China exceeded the volume sent to the second major destination, India (X tons), more than tenfold. Italy (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+107.4% per year) and Italy (+60.7% per year).

In value terms, China ($X) remains the key foreign market for pyrites exports from Turkey, comprising 81% of total exports. The second position in the ranking was held by India ($X), with a 7.1% share of total exports. It was followed by Italy, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to China totaled +120.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+85.2% per year) and Italy (+46.3% per year).

Export Prices by Country

The average pyrites export price stood at $X per ton in 2022, rising by 100% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and China ($X per ton), while the average price for exports to Italy ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+110.3%), while the prices for the other major destinations experienced a decline.

Pyrites Imports

Imports into Turkey

In 2022, imports of pyrites into Turkey skyrocketed to X tons, with an increase of 26% compared with 2021. Overall, imports saw a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 97%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pyrites imports rose significantly to $X in 2022. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 84%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), China (X tons) and Denmark (X tons) were the main suppliers of pyrites imports to Turkey, with a combined 86% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +254.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Denmark ($X) constituted the largest pyrites suppliers to Turkey, with a combined 79% share of total imports.

Denmark, with a CAGR of +148.6%, recorded the highest rates of growth with regard to 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

The average pyrites import price stood at $X per ton in 2022, which is down by -13.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 35% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrites in the world?

The country with the largest volume of pyrites consumption was China, accounting for 33% of total volume. Moreover, pyrites consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Japan ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of pyrites in the world?

China remains the largest pyrites producing country worldwide, comprising approx. 30% of total volume. Moreover, pyrites production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Japan, with a 7.9% share.

What are the leading suppliers of pyrites to Turkey?

In value terms, Italy constituted the largest supplier of pyrites to Turkey, comprising 45% of total imports. The second position in the ranking was occupied by China, with a 20% share of total imports. It was followed by Denmark, with an 18% share.

What are the leading importers of pyrites from Turkey?

In value terms, China emerged as the key foreign market for pyrites exports from Turkey, comprising 75% of total exports. The second position in the ranking was occupied by Spain, with a 13% share of total exports. It was followed by India, with a 3.5% share.

What is the average export price for pyrites in Turkey?

The average pyrites export price stood at $127 per ton in 2021, growing by 15% against the previous year.

What is the average import price for pyrites in Turkey?

The average pyrites import price stood at $594 per ton in 2021, picking up by 14% against the previous year.

This report provides an in-depth analysis of the pyrites 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:

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
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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 2012–2023
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