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Turkey - Bleached Sulphate Pulp - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Turkey - Bleached Sulphate Pulp - Market Analysis, Forecast, Size, Trends and Insights

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Jun 21, 2023

Bleached Sulphate Pulp Price in Turkey Shrinks 6%, Averaging $962 per Ton

Turkey Bleached Sulphate Pulp Import Price in January 2023

In January 2023, the bleached sulphate pulp price stood at $962 per ton (CIF, Turkey), dropping by -6.4% against the previous month. Over the period from January 2022 to January 2023, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in June 2022 an increase of 9.7% m-o-m. The import price peaked at $1,053 per ton in September 2022; however, from October 2022 to January 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was the United States ($1,375 per ton), while the price for Bulgaria ($756 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Brazil (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Bleached Sulphate Pulp in Turkey (USD per ton)
Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
United States1,0811,0551,0651,0821,1291,1251,2521,2821,3331,4081,4001,3741,375
Brazil6846587887587999201,0339881,0351,0091,0159561,032
Sweden7986918318178969799021,0051,044960991964932
Portugal7237397647988579279831,0131,0141,0151,014954903
Finland7687567908529119209539761,006975979964893
Indonesia702695652696N/A1,0239548851,019N/A867N/A786
Bulgaria705732786849943985988995981951902792756
Uruguay690636680826710737697697728808815N/AN/A
Average7607437908248689521,0159971,0531,0381,0151,028962

Turkey Bleached Sulphate Pulp Import Prices by Type

Average prices varied somewhat amongst the major supplied products. In January 2023, the product with the highest price was wood pulp; chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of coniferous wood ($1,041 per ton), while the price for wood pulp; chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood totaled $830 per ton.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by wood pulp; chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood (+1.7%).

Turkey Bleached Sulphate Pulp Imports

After two months of decline, purchases abroad of bleached sulphate pulp increased by 11% to 124K tons in January 2023. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 with an increase of 70% m-o-m. As a result, imports attained the peak of 169K tons. From September 2022 to January 2023, the growth of imports failed to regain momentum.

In value terms, bleached sulphate pulp imports reached $119M (IndexBox estimates) in January 2023. Over the period under review, total imports indicated a slight expansion from January 2022 to January 2023: its value increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, imports decreased by -29.2% against August 2022 indices. The pace of growth was the most pronounced in August 2022 with an increase of 67% against the previous month. As a result, imports reached the peak of $168M. From September 2022 to January 2023, the growth of imports remained at a lower figure.

Turkey Bleached Sulphate Pulp Imports by Type

Wood pulp; chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of coniferous wood (77K tons) and wood pulp; chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood (47K tons) were the main products of bleached sulphate pulp imports to Turkey.

From January 2022 to January 2023, the biggest increases were in wood pulp; chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of coniferous wood (with a CAGR of +2.4%).

In value terms, wood pulp; chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of coniferous wood ($80M) constituted the largest type of bleached sulphate pulp supplied to Turkey, comprising 68% of total imports. The second position in the ranking was taken by wood pulp; chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood ($39M), with a 32% share of total imports.

Turkey Bleached Sulphate Pulp Imports by Country

Finland (29K tons), Indonesia (22K tons) and the United States (19K tons) were the main suppliers of bleached sulphate pulp imports to Turkey, with a combined 57% share of total imports. These countries were followed by Brazil, Sweden, Portugal and Bulgaria, which together accounted for a further 35%.

From January 2022 to January 2023, the biggest increases were in Bulgaria (with a CAGR of +14.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bleached sulphate pulp suppliers to Turkey were Finland ($26M), the United States ($26M) and Indonesia ($17M), with a combined 59% share of total imports. These countries were followed by Brazil, Sweden, Portugal and Bulgaria, which together accounted for a further 34%.

Among the main suppliers, Bulgaria, with a CAGR of +15.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bleached sulphate pulp market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1663 - Chemical wood pulp, sulphate, bleached

Country coverage:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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