Overview of the Market for Compounds With Other Nitrogen Function in Turkey
In value terms, compounds with other nitrogen function production contracted markedly to $ in estimated in export prices. Overall, production showed a slight decline. The pace of growth was the most pronounced in 2017 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. from 2018 to , production growth remained at a lower figure.
The size of the market for compounds with other nitrogen function (excluding isocyanates) in Turkey fell to $ in , waning 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). Overall, consumption, however, continues to indicate a mild expansion. The pace of growth was the most pronounced in 2013 when the market value increased by % year-to-year. Compounds with other nitrogen function consumption peaked at $ in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.