The engine oil market in Turkey plays a significant role in the country"s petroleum sector, driven by both domestic demand and export activities. In recent months, data indicates a fluctuating trend in trade volumes, with a marked increase in imports, reflecting the growing demand within the country. The imported engine oil volumes are showing a steady rise, reaching unprecedented levels compared to the previous year. Price trends, however, have exhibited variability. The average price per barrel of imported engine oil has climbed by approximately 12% over the last quarter, driven by global supply chain disruptions and an increase in crude oil prices. This uptick in prices has not deterred demand, suggesting a resilient market, though margins for domestic suppliers may have tightened. On the export front, Turkey"s engine oil has remained competitive. Export volumes have surged by 15% year-on-year, with notable markets in Europe and the Middle East.

This growth is partly attributed to the quality of Turkish engine oil, as well as strategic pricing by suppliers to maintain market share amidst rising global prices. In the context of Turkey"s petroleum market, such trends provide valuable insights for businesses looking to engage with Turkish suppliers. Understanding these dynamics, coupled with the right contacts, can facilitate more informed decision-making in the sector. Aritral, an AI-driven B2B platform, offers extensive services like Product Listing, Direct Communication, Global Sales Assistance, and AI-Powered Marketing, which can be instrumental in navigating Turkey"s engine oil market. Their platform also provides Profile Management, crucial for companies seeking optimized engagement with potential Turkish suppliers.