Carboxylic Acid Market Overview in Turkey
The revenue of the carboxylic acid market in Turkey amounted to $ in , surging by % 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, the total consumption indicated a perceptible expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the market value increased by % year-to-year. Over the period under review, the market reached the peak level in and is likely to see gradual growth in the near future.