Turkey, a significant player in the global chemicals market, is demonstrating dynamic activity in the trade of oxygen. In 2024, the export volume of oxygen has shown substantial growth, reaching over 5 million m³, with a notable transaction involving 5142124 m³ valued at $1,427,443. This large-scale export underscores Turkey’s robust production capacity and competitive pricing, averaging $0. 28 per m³ in major transactions. Conversely, the import side exhibits a shift towards higher value imports despite lower volumes. For instance, the average import price for oxygen reached $2. 73 per m³, significantly higher than the average export price, indicating a demand for high-quality or specialized oxygen products not readily available domestically. The overall trend reveals that Turkey continues to leverage its geographical position and industrial capabilities to expand its export markets, while import patterns suggest a focus on niche or specialized requirements.
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