Turkey: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Turkey

The Turkish market for boards, sheets, panels, tiles and similar articles of plaster not faced shrank to $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption, however, recorded a measured expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Turkey

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 118% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth remained at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Turkey

Exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Turkey skyrocketed to X square meters in 2021, rising by 26% compared with 2020. Overall, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +68.5% against 2016 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 35% against the previous year. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. In general, exports recorded a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Turkey, accounting for a 37% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to Iraq exceeded the volume sent to the second major destination, the UK (X square meters), threefold. Libya (X square meters) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume to Iraq totaled +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+180.1% per year) and Libya (+35.2% per year).

In value terms, Iraq ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from Turkey, comprising 36% of total exports. The second position in the ranking was held by the UK ($X), with a 12% share of total exports. It was followed by Libya, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Iraq totaled +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+182.3% per year) and Libya (+29.0% per year).

Export Prices by Country

In 2021, the average export price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, surging by 18% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Turkey

In 2021, after two years of decline, there was significant growth in purchases abroad of boards, sheets, panels, tiles and similar articles of plaster not faced, when their volume increased by 147% to X square meters. Overall, imports, however, continue to indicate a drastic downturn. Imports peaked at X square meters in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced soared to $X in 2021. In general, imports, however, saw a deep contraction. The growth pace was the most rapid in 2013 with an increase of 189%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

China (X square meters), Germany (X square meters) and Italy (X square meters) were the main suppliers of imports of boards, sheets, panels, tiles and similar articles of plaster not faced to Turkey, with a combined 98% share of total imports. These countries were followed by the United Arab Emirates and the Czech Republic, which together accounted for a further 1.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +37.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced suppliers to Turkey were Germany ($X), China ($X) and Italy ($X), with a combined 97% share of total imports.

Germany, with a CAGR of +19.9%, recorded the highest rates of growth with regard to 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 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, rising by 5.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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