Turkey: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Turkey

In 2021, the Turkish market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -94.1% to $X, falling for the second consecutive year after eight years of growth. In general, consumption saw a abrupt downturn. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Turkey

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 209%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Turkey

In 2021, overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by 109% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2021. Overall, exports recorded a buoyant expansion. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons), Romania (X tons) and Portugal (X tons) were the main destinations of exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Turkey, with a combined 71% share of total exports. These countries were followed by Bulgaria, Denmark, Croatia, Turkmenistan, Cyprus, Azerbaijan, Algeria, Georgia, Greece and Iraq, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +693.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exported from Turkey were the UK ($X), Romania ($X) and Portugal ($X), together accounting for 68% of total exports. Bulgaria, Croatia, Denmark, Algeria, Turkmenistan, Greece, Azerbaijan, Cyprus, Georgia and Iraq lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, Croatia, with a CAGR of +897.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per ton in 2021, reducing by -10.6% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Turkey

In 2021, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders into Turkey skyrocketed to X tons, picking up by 57% against the year before. Over the period under review, imports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2018 with an increase of 139%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders surged to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 131% against the previous year. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Austria (X tons) constituted the largest supplier of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Turkey, with a 60% share of total imports. Moreover, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Austria exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Italy (X tons), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from Austria stood at +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.7% per year) and Italy (-5.8% per year).

In value terms, Austria ($X) constituted the largest supplier of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Turkey, comprising 64% of total imports. The second position in the ranking was held by China ($X), with a 29% share of total imports. It was followed by Italy, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from Austria stood at +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.4% per year) and Italy (-13.4% per year).

Import Prices by Country

In 2021, the average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X per ton, rising by 7.9% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by +54.6% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 61%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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