Metals; Palladium, Semi-Manufactured Price in Turkey - 2023
Contents:
- Metals; Palladium, Semi-Manufactured Price in Turkey (FOB) - 2023
- Metals; Palladium, Semi-Manufactured Price in Turkey (CIF) - 2022
- Metals; Palladium, Semi-Manufactured Exports in Turkey
- Metals; Palladium, Semi-Manufactured Imports in Turkey
Metals; Palladium, Semi-Manufactured Price in Turkey (FOB) - 2023
The average metals; palladium, semi-manufactured export price stood at $32.0M per ton in July 2023, approximately mirroring the previous month. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs in July 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to +0.9% per month.
Metals; Palladium, Semi-Manufactured Price in Turkey (CIF) - 2022
The average metals; palladium, semi-manufactured import price stood at $2,596,570 per ton in 2022, shrinking by -76.5% against the previous year. Overall, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 471% against the previous year. As a result, import price attained the peak level of $11,062 per kg, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,448,808 per ton), while the price for the UK stood at $2,460,156 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.6%).
Metals; Palladium, Semi-Manufactured Exports in Turkey
For the third consecutive year, Turkey recorded decline in overseas shipments of metals; palladium, semi-manufactureds, which decreased by -99.2% to 1 kg in 2022. Over the period under review, exports saw a sharp decline. The smallest decline of -1.4% was in 2020.
In value terms, metals; palladium, semi-manufactured exports dropped dramatically to $59K in 2022. In general, exports showed a precipitous slump. The growth pace was the most rapid in 2020 when exports increased by 423%. As a result, the exports attained the peak of $8.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Metals; Palladium, Semi-Manufactured in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 8.0 | 8.0 | 0.1 | -88.8% |
| Bulgaria | 0.8 | 0.1 | N/A | N/A | -87.5% |
| Costa Rica | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 1.5 | 8.1 | 8.0 | 0.1 | -59.5% |
Top Export Markets for Metals; Palladium, Semi-Manufactured from Turkey in 2022:
- Italy (1.0 kg)
Metals; Palladium, Semi-Manufactured Imports in Turkey
In 2022, approx. 29 kg of metals; palladium, semi-manufactureds were imported into Turkey; picking up by 123% compared with 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,450% against the previous year. As a result, imports attained the peak of 155 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, metals; palladium, semi-manufactured imports dropped notably to $76K in 2022. Overall, imports saw a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 440% against the previous year. As a result, imports reached the peak of $300K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Metals; Palladium, Semi-Manufactured in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.7 | 297 | 6.5 | 70.2 | 146.3% |
| France | 11.5 | N/A | 39.5 | N/A | 85.3% |
| United States | 31.7 | N/A | 81.1 | N/A | 59.9% |
| Others | 7.5 | 3.1 | 16.0 | 5.7 | -8.7% |
| Total | 55.4 | 300 | 143 | 75.9 | 11.1% |
Top Suppliers of Metals; Palladium, Semi-Manufactured to Turkey in 2022:
- United Kingdom (29.0 kg)
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