Turkey - Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTurkey's Imports of Wood Pulp Increased by 5% in December 2023, Reaching $84 Million
Turkey Wood Pulp Imports
In December 2023, wood pulp imports into Turkey fell modestly to 130K tons, with a decrease of -3.7% on the previous month's figure. The total import volume increased at an average monthly rate of +1.2% from December 2022 to December 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in July 2023 with an increase of 54% month-to-month. As a result, imports reached the peak of 172K tons. From August 2023 to December 2023, the growth of imports failed to regain momentum.
In value terms, wood pulp imports totaled $84M (IndexBox estimates) in December 2023. In general, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in July 2023 with an increase of 27% m-o-m.
| COUNTRY | Import Value of Wood Pulp in Turkey (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | |
| United States | 30.8 | 26.7 | 20.4 | 25.9 | 18.7 | 23.0 | 24.4 | 20.4 | 19.6 | 13.4 | 18.6 | 13.1 | 22.3 |
| Brazil | 26.5 | 17.1 | 26.7 | 24.1 | 20.1 | 26.9 | 24.7 | 32.8 | 29.0 | 17.8 | 23.7 | 26.5 | 17.3 |
| Finland | 23.1 | 26.5 | 9.1 | 8.0 | 15.3 | 17.2 | 13.6 | 4.9 | 13.1 | 7.5 | 17.7 | 8.8 | 10.9 |
| Sweden | 10.1 | 10.4 | 9.9 | 6.7 | 8.5 | 13.7 | 3.5 | 9.7 | 10.5 | 6.0 | 5.9 | 4.8 | 10.7 |
| Uruguay | N/A | N/A | 6.6 | 11.9 | 6.5 | 4.4 | N/A | 10.4 | 5.6 | 7.6 | 13.0 | 14.5 | 10.2 |
| Portugal | 6.4 | 9.2 | 13.0 | 4.6 | 7.7 | 7.3 | 7.7 | 9.5 | 2.6 | 10.8 | 3.7 | 4.5 | 6.8 |
| Indonesia | N/A | 17.4 | N/A | 24.5 | N/A | N/A | N/A | 5.0 | 1.1 | N/A | N/A | N/A | N/A |
| Others | 19.6 | 14.0 | 9.9 | 10.3 | 14.6 | 14.1 | 6.3 | 9.4 | 8.1 | 10.3 | 6.9 | 7.8 | 5.8 |
| Total | 116 | 121 | 95.6 | 116 | 91.3 | 107 | 80.1 | 102 | 89.8 | 73.5 | 89.6 | 80.0 | 83.9 |
Imports by Country
Brazil (29K tons), Uruguay (26K tons) and the United States (25K tons) were the main suppliers of wood pulp imports to Turkey, together comprising 62% of total imports.
From December 2022 to December 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of +11.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest wood pulp suppliers to Turkey were the United States ($22M), Brazil ($17M) and Finland ($11M), together comprising 60% of total imports. Sweden, Uruguay and Portugal lagged somewhat behind, together comprising a further 33%.
In terms of the main suppliers, Uruguay, with a CAGR of +4.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In December 2023, chemical wood pulp (129K tons) was the main type of wood pulp supplied to Turkey, accounting for a 99% share of total imports. It was followed by dissolving grade wood pulp (1.3K tons), with a 1% share of total imports.
From December 2022 to December 2023, the average monthly rate of growth in terms of the volume of import of chemical wood pulp amounted to +1.1%.
In value terms, chemical wood pulp ($83M) constituted the largest type of wood pulp supplied to Turkey, comprising 99% of total imports. The second position in the ranking was held by dissolving grade wood pulp ($1.2M), with a 1.5% share of total imports.
Import Prices by Country
In December 2023, the wood pulp price stood at $644 per ton (CIF, Turkey), with an increase of 8.9% against the previous month. Over the period under review, the import price, however, continues to indicate a perceptible decrease. The import price peaked at $1,027 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($878 per ton), while the price for Uruguay ($394 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (-2.3%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the wood 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 1654 - Mechanical wood pulp
- FCL 1655 - Semi-chemical wood pulp
- FCL 1663 - Chemical wood pulp, sulphate, bleached
- FCL 1661 - Chemical wood pulp, sulphite, bleached
- FCL 1667 - Dissolving wood pulp
- FCL 1662 - Chemical wood pulp, sulphate, unbleached
- FCL 1660 - Chemical wood pulp, sulphite, unbleached
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
