What is the price of ethyl alcohol per kilogram/pound in Turkey today?
The retail price range for Turkey ethyl alcohol is between US$ 2.10 and US$ 5.24 per kilogram or between US$ 0.95 and US$ 2.38 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Turkey
The retail price range in Turkish Lira for ethyl alcohol is between TRY 41.50 and TRY 103.76 per kilogram or between TRY 18.82 and TRY 47.06 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey ethyl alcohol is between US$ 1.47 and US$ 3.67 per kilogram or between US$ 0.67 and US$ 1.66 per pound(lb).
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Turkey Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price per kilogram of Ethyl Alcohol from Turkey over the last five years has seen a significant increase. In 2017, the price was 41.73 US $ per kg, and by 2021, it had risen to 94.97 US $ per kg. The highest price was seen in 2020, when it was 8.02 US $ per kg. The price then dropped to 4.87 US $ per kg in 2021, and is currently at 4.83 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Ethyl Alcohol from Turkey in 2023 will be around 4.90 US $ per kg, and in 2024, it will be around 4.95 US $ per kg.Turkey Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into Turkey over the last five years has been quite volatile. In 2016, the price was at its highest at $69.05, before dropping to $41.73 in 2017. This was followed by a sharp increase to $94.97 in 2018, before dropping again to $7.71 in 2019. The price then rose to $8.02 in 2020 and $4.87 in 2021, before settling at $4.83 in 2022. Based on this trend, it is likely that the import price per kilogram of Ethyl Alcohol into Turkey will remain relatively stable in 2023 and 2024, with prices estimated to be around $4.83 and $4.87 respectively.Export values for Turkey ethyl alcohol
The total values in export for ethyl alcohol in Turkey were US$ 40,669, US$ 41,982, US$ 43,210 and US$ 35,953 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Turkey: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of ethyl alcohol in other countries across Middle East: Bahrain ethyl alcohol, Cyprus ethyl alcohol, Iraq ethyl alcohol, Israel ethyl alcohol, Jordan ethyl alcohol, Kuwait ethyl alcohol, Lebanon ethyl alcohol, Palestine ethyl alcohol, Oman ethyl alcohol & Qatar ethyl alcohol.
Turkey ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
The quantity of ethyl alcohol sold by Turkey in 2020 was 4,595 tons. In 2019 Turkey exported 448 tonnes of ethyl alcohol. For the year 2019 alone, the market for Turkey ethyl alcohol (processed category) has reduced, changing by -1.538 pc compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports decreased by -55.47% earning the country US$35.95m for the year 2019. Turkey's ethyl alcohol exports are classified as:
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
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Turkey ethyl alcohol export values
In 2019, Turkey supplied ethyl alcohol with a value of 35.95m USD, a reduction of -16.80% from 2018's total ethyl alcohol export of 43.21m USD. The annual change in value of Turkey ethyl alcohol between 2017 to 2018 was 2.925 percent.
The annual/yearly change in the amount of Turkey's ethyl alcohol exports between 2017 and 2019 was -55.47 per cent when compared to a variation of -1.538% in the growth rate between 2018 and 2019.
Turkey's portion of the world's total ethyl alcohol's exports in 2019 was less than 1%. The country is ranked position 43 in world exports of ethyl alcohol.
Export markets for Turkey ethyl alcohol ( in '000$ )
Import/Export Trends
Turkey is a net exporter of ethyl alcohol. The annual growth of Turkey ethyl alcohol in value between 2015 to 2019 was -6%, per annum, while annual growth in quantity was -22%, per annum.
Turkey procured 80,715 tonnes of ethyl alcohol in 2019.