Alkali Metals; Sodium Price in Turkey - 2023

Contents:

  1. Alkali Metals; Sodium Price in Turkey (CIF) - 2022
  2. Alkali Metals; Sodium Price in Turkey (FOB) - 2022
  3. Alkali Metals; Sodium Imports in Turkey
  4. Alkali Metals; Sodium Exports in Turkey

Alkali Metals; Sodium Price in Turkey (CIF) - 2022

In 2022, the average alkali metals; sodium import price amounted to $54,833 per ton, rising by 140% against the previous year. Over the period under review, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 251%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($95,404 per ton), while the price for France ($47,207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Alkali Metals; Sodium Price in Turkey (FOB) - 2022

In 2022, the average alkali metals; sodium export price amounted to $2,716 per ton, growing by 112% against the previous year. Over the period under review, the export price posted a resilient expansion. The export price peaked at $194,000 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($2,557 per ton), while the average price for exports to Albania totaled $1,538 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+67.6%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals; Sodium Imports in Turkey

In 2022, supplies from abroad of alkali metals; sodia decreased by -68.1% to 345 kg, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 766% against the previous year. As a result, imports attained the peak of 2.1 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, alkali metals; sodium imports declined sharply to $19K in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 540% against the previous year. As a result, imports attained the peak of $53K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Alkali Metals; Sodium in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.011.27.916.031.7%
Germany0.90.80.51.16.9%
France0.35.31.50.944.2%
United StatesN/A0.20.20.322.5%
ChinaN/AN/A13.7N/A0%
IranN/A34.0N/AN/A0%
OthersN/A1.10.90.6-26.1%
Total8.252.724.718.932.1%

Top Suppliers of Alkali Metals; Sodium to Turkey in 2022:

  1. Italy (300.0 kg)
  2. France (20.0 kg)
  3. Germany (11.0 kg)
  4. United States (7.0 kg)

Alkali Metals; Sodium Exports in Turkey

After two years of decline, shipments abroad of alkali metals; sodia decreased by -48.1% to 1.4 tons in 2022. In general, exports, however, continue to indicate a significant expansion.

In value terms, alkali metals; sodium exports rose sharply to $3.9K in 2022. Over the period under review, exports, however, saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Alkali Metals; Sodium in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/A2.13.461.9%
AlbaniaN/AN/AN/A0.10%
KenyaN/AN/A0.8N/A0%
Syrian Arab Republic0.2N/AN/AN/A0%
OmanN/AN/A0.6N/A0%
Algeria2.0N/AN/AN/A0%
OthersN/AN/A0.10.3200.0%
Total2.2N/A3.63.921.0%

Top Export Markets for Alkali Metals; Sodium from Turkey in 2022:

  1. Iraq (1337.0 kg)
  2. Albania (93.0 kg)

Source: IndexBox Market Intelligence Platform

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