Turkey - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingExplosives Price in Turkey - 2023
Contents:
- Explosives Price in Turkey (CIF) - 2022
- Explosives Price in Turkey (FOB) - 2023
- Explosives Imports in Turkey
- Explosives Exports in Turkey
Explosives Price in Turkey (CIF) - 2022
The average explosives import price stood at $30,347 per ton in 2022, approximately reflecting the previous year. In general, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 386% against the previous year. As a result, import price reached the peak level of $72,373 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($252,034 per ton), while the price for Azerbaijan ($1,834 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+53.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Explosives Price in Turkey (FOB) - 2023
In July 2023, the average explosives export price amounted to $1,348 per ton, reducing by -2.1% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 7.6% m-o-m. Over the period under review, the average export prices hit record highs at $1,481 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In July 2023, the countries with the highest prices were Georgia ($1,658 per ton) and Montenegro ($1,570 per ton), while the average price for exports to Azerbaijan ($1,126 per ton) and Greece ($1,166 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Explosives Imports in Turkey
Explosives imports into Turkey soared to 501 tons in 2022, picking up by 61% against the previous year. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 532%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, explosives imports skyrocketed to $15M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 251%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Explosives in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | N/A | N/A | 5.5 | 3.6 | -34.5% |
| Germany | 1.9 | 1.3 | 0.6 | 3.6 | 23.7% |
| China | 0.4 | N/A | N/A | 2.3 | 79.2% |
| United States | 2.4 | 0.6 | 1.1 | 1.7 | -10.9% |
| Poland | 0.2 | 0.4 | 2.1 | 1.1 | 76.5% |
| Bulgaria | N/A | N/A | N/A | 0.6 | 0% |
| Norway | 1.5 | N/A | N/A | N/A | 0% |
| Azerbaijan | N/A | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.3 | N/A | 2.3 | 48.7% |
| Total | 7.1 | 2.7 | 9.3 | 15.2 | 28.9% |
Top Suppliers of Explosives to Turkey in 2022:
- Serbia (153.9 tons)
- China (119.0 tons)
- Germany (115.6 tons)
- Bulgaria (30.0 tons)
- Poland (23.3 tons)
- United States (22.5 tons)
- Azerbaijan (15.0 tons)
Explosives Exports in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of prepared explosives, which increased by 89% to 11K tons in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, explosives exports soared to $15M in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Explosives in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 384 | 198 | 618 | 5,250 | 139.1% |
| Georgia | 820 | 1,090 | 2,023 | 2,841 | 51.3% |
| Liberia | N/A | 177 | 881 | 2,299 | 260.4% |
| Albania | 353 | 193 | 680 | 1,845 | 73.5% |
| Bosnia and Herzegovina | 239 | 312 | 526 | 827 | 51.3% |
| Bulgaria | 63.5 | 115 | 200 | 771 | 129.8% |
| Greece | 95.4 | 36.4 | N/A | 693 | 93.7% |
| Ethiopia | N/A | 473 | 525 | 299 | -20.5% |
| Somalia | 91.7 | N/A | 75.9 | 166 | 21.9% |
| Montenegro | 300 | 287 | 215 | 95.6 | -31.7% |
| Qatar | 344 | 1,023 | N/A | N/A | 197.4% |
| Oman | N/A | 1,135 | 157 | N/A | -86.2% |
| Saudi Arabia | 1,088 | N/A | N/A | N/A | 0% |
| Others | 301 | 45.2 | 115 | 161 | -18.8% |
| Total | 4,080 | 5,084 | 6,016 | 15,246 | 55.2% |
Top Export Markets for Explosives from Turkey in 2022:
- Azerbaijan (4.0K tons)
- Georgia (2.1K tons)
- Liberia (1.5K tons)
- Albania (1.4K tons)
- Bosnia and Herzegovina (0.7K tons)
- Greece (0.5K tons)
- Bulgaria (0.5K tons)
- Somalia (0.2K tons)
- Montenegro (0.1K tons)
- Ethiopia (0.1K tons)
This report provides an in-depth analysis of the explosives 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 20511150 - Prepared explosives (excluding propellant powders)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the explosives market in Turkey.
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This report provides an in-depth analysis of the global explosives market.
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This report provides an in-depth analysis of the explosives market in Turkey.
1323
This report provides an in-depth analysis of the global explosives market.
1510
In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...
1243
In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...
1777
In value terms, explosives imports amounted to $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over th...
1728
In value terms, explosives exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the la...
1510
In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...
1243
In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...
