Turkey: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in Turkey

The revenue of the chipped coniferous wood market in Turkey amounted to $X in 2018, going up by X% against the previous year. Over the period under review, chipped coniferous wood consumption continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. In that year, the chipped coniferous wood market attained its peak level of $X. From 2013 to 2018, the growth of the chipped coniferous wood market failed to regain its momentum.

Chipped Coniferous Wood Production in Turkey

In value terms, chipped coniferous wood production amounted to $X in 2018 estimated in export prices. Overall, chipped coniferous wood production continues to indicate an abrupt contraction. The growth pace was the most rapid in 2012 when production volume increased by X% y-o-y. Over the period under review, chipped coniferous wood production attained its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Chipped Coniferous Wood Exports

Exports from Turkey

In 2018, the amount of coniferous wood in chips or particles exported from Turkey totaled X tons, increasing by X% against the previous year. In general, chipped coniferous wood exports continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, chipped coniferous wood exports stood at $X in 2018. Over the period under review, chipped coniferous wood exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, chipped coniferous wood exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Free Zones (X tons) was the main destination for chipped coniferous wood exports from Turkey, accounting for a X% share of total exports. Moreover, chipped coniferous wood exports to Free Zones exceeded the volume sent to the second major destination, Lebanon (X tons), threefold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Free Zones amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (+X% per year) and the UK (X% per year).

In value terms, the UK ($X) emerged as the key foreign market for chipped coniferous wood exports from Turkey, comprising X% of total chipped coniferous wood exports. The second position in the ranking was occupied by Free Zones ($X), with a X% share of total exports. It was followed by Lebanon, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (+X% per year) and Lebanon (+X% per year).

Export Prices by Country

The average chipped coniferous wood export price stood at $X per ton in 2018, going up by X% against the previous year. Overall, the chipped coniferous wood export price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2017 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while the average price for exports to Lebanon ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Chipped Coniferous Wood Imports

Imports into Turkey

In 2018, approx. X tons of coniferous wood in chips or particles were imported into Turkey; surging by X% against the previous year. In general, chipped coniferous wood imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2009 when imports increased by X% against the previous year. Over the period under review, chipped coniferous wood imports reached their maximum at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, chipped coniferous wood imports totaled $X in 2018. Overall, chipped coniferous wood imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, chipped coniferous wood imports attained their peak figure at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons) constituted the largest supplier of chipped coniferous wood to Turkey, with a X% share of total imports. Moreover, chipped coniferous wood imports from the U.S. exceeded the figures recorded by the second-largest supplier, Venezuela (X tons), threefold. The third position in this ranking was occupied by Canada (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Venezuela (+X% per year) and Canada (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of chipped coniferous wood to Turkey, comprising X% of total chipped coniferous wood imports. The second position in the ranking was occupied by Venezuela ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Venezuela (+X% per year) and Canada (+X% per year).

Import Prices by Country

The average chipped coniferous wood import price stood at $X per ton in 2018, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. In that year, the average import prices for coniferous wood in chips or particles reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for coniferous wood in chips or particles remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Ukraine ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ukraine, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform