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Turkey - Phosphate Rock - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Phosphate Rock Market 2022

Phosphate Rock Market Size in Turkey

The Turkish phosphate rock market dropped markedly to $X in 2020, waning by -X% 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). In general, consumption, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Phosphate rock consumption peaked at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Phosphate Rock Exports

Exports from Turkey

In 2020, shipments abroad of phosphate rock decreased by -X% to X kg, falling for the sixth year in a row after three years of growth. Over the period under review, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tons in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, phosphate rock exports reduced notably to $X in 2020. In general, exports showed a dramatic slump. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Hong Kong SAR (X kg) was the main destination for phosphate rock exports from Turkey, with a X% share of total exports. Moreover, phosphate rock exports to Hong Kong SAR exceeded the volume sent to the second major destination, Georgia (X kg), fivefold. Canada (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Hong Kong SAR stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-X% per year) and Canada (X% per year).

In value terms, the largest markets for phosphate rock exported from Turkey were Canada ($X), Hong Kong SAR ($X) and Georgia ($X), together comprising X% of total exports.

In terms of the main countries of destination, Canada recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average phosphate rock export price stood at $X per ton in 2020, increasing by X% against the previous year. Over the period under review, the export price enjoyed a significant expansion. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Serbia, while the prices for the other major destinations experienced more modest paces of growth.

Phosphate Rock Imports

Imports into Turkey

In 2020, imports of phosphate rock into Turkey reduced sharply to X tons, falling by -X% on 2019. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Imports peaked at X tons in 2019, and then dropped markedly in the following year.

In value terms, phosphate rock imports dropped significantly to $X in 2020. Over the period under review, imports, however, showed prominent growth. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Morocco (X tons) constituted the largest phosphate rock supplier to Turkey, with a X% share of total imports. Moreover, phosphate rock imports from Morocco exceeded the figures recorded by the second-largest supplier, Israel (X tons), fourfold. Egypt (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Morocco stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+X% per year) and Egypt (+X% per year).

In value terms, Morocco ($X) constituted the largest supplier of phosphate rock to Turkey, comprising X% of total imports. The second position in the ranking was occupied by Israel ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Morocco stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+X% per year) and Egypt (+X% per year).

Import Prices by Country

In 2020, the average phosphate rock import price amounted to $X per ton, reducing by -X% against the previous year. In general, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Senegal ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Morocco, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the phosphate rock 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 2025.

Product coverage:

Prodcom 08911100 - Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk

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