Report Update Nov 1, 2024

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

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Turkey: Quinones Market 2024

Quinones Market Size in Turkey

The Turkish quinones market skyrocketed to $X in 2022, increasing by 37% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a prominent increase. Quinones consumption peaked in 2022 and is likely to see steady growth in the near future.

Quinones Exports

Exports from Turkey

In 2022, shipments abroad of quinones increased by 27,200% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded tangible growth. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, quinones exports surged to $X in 2022. Over the period under review, exports enjoyed a modest increase. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Iran (X kg) was the main destination for quinones exports from Turkey, with a 73% share of total exports. Moreover, quinones exports to Iran exceeded the volume sent to the second major destination, Greece (X kg), fourfold. Uzbekistan (X kg) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran totaled +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (0.0% per year) and Uzbekistan (-20.1% per year).

It was followed by Azerbaijan, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value to Iran was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-13.9% per year) and Azerbaijan (-12.3% per year).

Export Prices by Country

In 2022, the average quinones export price amounted to $X per ton, declining by -60.3% against the previous year. In general, the export price saw a perceptible setback. The pace of growth was the most pronounced in 2021 an increase of 101% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Quinones Imports

Imports into Turkey

In 2022, the amount of quinones imported into Turkey soared to X tons, picking up by 29% against the year before. In general, imports saw a prominent expansion. The pace of growth was the most pronounced in 2014 when imports increased by 82%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, quinones imports skyrocketed to $X in 2022. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 143% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X tons) was the main supplier of quinones to Turkey, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +10.3%.

In value terms, China ($X) constituted the largest supplier of quinones to Turkey.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +16.5%.

Import Prices by Country

In 2022, the average quinones import price amounted to $X per ton, picking up by 9.4% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average import price increased by 76%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quinones in the world?

The country with the largest volume of quinones consumption was China, accounting for 64% of total volume. Moreover, quinones consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. Japan ranked third in terms of total consumption with a 2.1% share.

What are the largest producers of quinones in the world?

China remains the largest quinones producing country worldwide, accounting for 75% of total volume. Moreover, quinones production in China exceeded the figures recorded by the second-largest producer, Japan, fivefold.

What are the leading suppliers of quinones to Turkey?

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

What is the average export price for quinones in Turkey?

The average quinones export price stood at $90,000 per ton in 2021, increasing by 128% against the previous year.

What is the average import price for quinones in Turkey?

In 2021, the average quinones import price amounted to $19,691 per ton, surging by 5.9% against the previous year.

This report provides an in-depth analysis of the quinones 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 20146260 - Quinones

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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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