Turkey: Market for Albums For Samples, Collections, Stamps Or Photographs 2024

Market Size for Albums For Samples, Collections, Stamps Or Photographs in Turkey

In 2022, the Turkish market for albums for samples, collections, stamps or photographs increased by 55% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Albums For Samples, Collections, Stamps Or Photographs in Turkey

In value terms, stamp and photo collection album production surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt slump. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Albums For Samples, Collections, Stamps Or Photographs

Exports from Turkey

In 2022, the amount of albums for samples, collections, stamps or photographs exported from Turkey dropped to X tons, remaining relatively unchanged against the previous year. In general, exports saw a deep slump. The growth pace was the most rapid in 2021 when exports increased by 57%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, stamp and photo collection album exports shrank to $X in 2022. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 49%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and Iraq (X tons) were the main destinations of stamp and photo collection album exports from Turkey, with a combined 68% share of total exports. France, Israel, Tunisia and Jordan lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tunisia (with a CAGR of +101.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for albums for samples, collections, stamps or photographs exports from Turkey, comprising 36% of total exports. The second position in the ranking was taken by Israel ($X), with an 18% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+29.9% per year) and the UK (-16.6% per year).

Export Prices by Country

The average export price for albums for samples, collections, stamps or photographs stood at $X per ton in 2022, reducing by -12.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 28% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Albums For Samples, Collections, Stamps Or Photographs

Imports into Turkey

In 2022, the amount of albums for samples, collections, stamps or photographs imported into Turkey rose remarkably to X tons, picking up by 9% against the previous year's figure. Over the period under review, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 110% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, stamp and photo collection album imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 27%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest stamp and photo collection album supplier to Turkey, with a 65% share of total imports. Moreover, stamp and photo collection album imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. The third position in this ranking was held by Germany (X tons), with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.6% per year) and Germany (+6.3% per year).

In value terms, the largest stamp and photo collection album suppliers to Turkey were Italy ($X), China ($X) and Germany ($X), together comprising 69% of total imports. France, the Czech Republic, Poland, South Korea, Japan and Indonesia lagged somewhat behind, together comprising a further 19%.

Poland, with a CAGR of +64.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for albums for samples, collections, stamps or photographs amounted to $X per ton, with an increase of 14% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stamp and photo collection album import price increased by +2.3% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 80%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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