Report Update Nov 1, 2024

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

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Turkey: Sulphur Market 2024

Sulphur Market Size in Turkey

The Turkish sulphur market dropped markedly to $X in 2022, falling by -68% against the previous year. Over the period under review, consumption saw a deep slump. Sulphur consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Sulphur Production in Turkey

In value terms, sulphur production totaled $X in 2022 estimated in export price. In general, production continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 6.3% against the previous year. Sulphur production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Sulphur Exports

Exports from Turkey

In 2022, overseas shipments of sulphur increased by 60% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 178%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, sulphur exports soared to $X in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt (X tons), Tunisia (X tons) and Morocco (X tons) were the main destinations of sulphur exports from Turkey, together accounting for 60% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tunisia (with a CAGR of +3,643.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sulphur exported from Turkey were Egypt ($X), Tunisia ($X) and Morocco ($X), with a combined 55% share of total exports.

In terms of the main countries of destination, Tunisia, with a CAGR of +4,260.5%, recorded 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

The average sulphur export price stood at $X per ton in 2022, with an increase of 125% against the previous year. Overall, the export price saw a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Greece ($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 Tunisia (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphur Imports

Imports into Turkey

In 2022, approx. X tons of sulphur were imported into Turkey; with a decrease of -15.2% compared with the year before. Overall, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 92%. As a result, imports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, sulphur imports surged to $X in 2022. In general, imports, however, saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Bulgaria (X tons) and Greece (X tons) were the main suppliers of sulphur imports to Turkey, together comprising 68% of total imports. Uzbekistan, Turkmenistan, Italy, Spain and Kazakhstan lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +117.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of sulphur to Turkey, comprising 47% of total imports. The second position in the ranking was held by Bulgaria ($X), with a 17% share of total imports. It was followed by Turkmenistan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at +59.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+21.7% per year) and Turkmenistan (+55.2% per year).

Import Prices by Country

The average sulphur import price stood at $X per ton in 2022, increasing by 227% against the previous year. Overall, the import price recorded a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+13.4%), 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 sulphur in the world?

The country with the largest volume of sulphur consumption was China, comprising approx. 35% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Morocco, with a 7.2% share.

What are the largest producers of sulphur in the world?

China remains the largest sulphur producing country worldwide, accounting for 18% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Russia ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of sulphur to Turkey?

In value terms, the largest sulphur suppliers to Turkey were Russia, Turkmenistan and Kazakhstan, together comprising 59% of total imports. Greece, Bulgaria, Uzbekistan and Italy lagged somewhat behind, together accounting for a further 32%.

What are the leading importers of sulphur from Turkey?

In value terms, Egypt emerged as the key foreign market for sulphur exports from Turkey, comprising 45% of total exports. The second position in the ranking was occupied by Italy, with a 14% share of total exports. It was followed by Greece, with a 5.5% share.

What is the average export price for sulphur in Turkey?

In 2021, the average sulphur export price amounted to $183 per ton, picking up by 32% against the previous year.

What is the average import price for sulphur in Turkey?

The average sulphur import price stood at $161 per ton in 2021, growing by 80% against the previous year.

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

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