Turkey: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Turkey

After four years of growth, the Turkish market for coniferous wood in the rough decreased by -1.2% to $X in 2022. Over the period under review, consumption continues to indicate a slight decline. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Coniferous Wood In The Rough in Turkey

In value terms, coniferous wood in the rough production fell slightly to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 42% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Coniferous Wood In The Rough

Exports from Turkey

In 2016, overseas shipments of coniferous wood in the rough increased by 918% to X cubic meters, rising for the second consecutive year after two years of decline. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coniferous wood in the rough exports skyrocketed to $X in 2016. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Georgia (X cubic meters), Pakistan (X cubic meters) and Lebanon (X cubic meters) were the main destinations of coniferous wood in the rough exports from Turkey, with a combined 85% share of total exports. These countries were followed by the United Arab Emirates, Azerbaijan, Iran and Austria, which together accounted for a further 15%.

From 2012 to 2016, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +140.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Georgia ($X) and the United Arab Emirates ($X) were the largest markets for coniferous wood in the rough exported from Turkey worldwide, together accounting for 75% of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +260.4%, saw the highest rates of growth with regard to 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

In 2016, the average export price for coniferous wood in the rough amounted to $X per cubic meter, falling by -15.8% against the previous year. Overall, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 6.4% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2016, the average export prices failed to regain momentum.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+277.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coniferous Wood In The Rough

Imports into Turkey

For the fourth consecutive year, Turkey recorded decline in overseas purchases of coniferous wood in the rough, which decreased by -29.7% to X cubic meters in 2016. Over the period under review, imports saw a precipitous curtailment. The smallest decline of -11.7% was in 2014. Over the period under review, coniferous wood in rough imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2016, imports failed to regain momentum.

In value terms, coniferous wood in the rough imports contracted rapidly to $X in 2016. Overall, imports saw a precipitous shrinkage. The smallest decline of -8.6% was in 2014. Over the period under review, coniferous wood in rough imports hit record highs at $X in 2012; however, from 2013 to 2016, imports failed to regain momentum.

Imports by Country

In 2016, Ukraine (X cubic meters) constituted the largest coniferous wood in the rough supplier to Turkey, with a 85% share of total imports. Moreover, coniferous wood in the rough imports from Ukraine exceeded the figures recorded by the second-largest supplier, Bulgaria (X cubic meters), ninefold. The third position in this ranking was held by Russia (X cubic meters), with a 3.9% share.

From 2012 to 2016, the average annual growth rate of volume from Ukraine amounted to -24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-8.4% per year) and Russia (-3.1% per year).

In value terms, Ukraine ($X) constituted the largest supplier of coniferous wood in the rough to Turkey, comprising 83% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a 9.8% share of total imports. It was followed by Russia, with a 5.2% share.

From 2012 to 2016, the average annual growth rate of value from Ukraine stood at -29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-10.4% per year) and Russia (-10.6% per year).

Import Prices by Country

The average import price for coniferous wood in the rough stood at $X per cubic meter in 2016, dropping by -14.3% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 3.6%. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2016, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Ukraine ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the United States (+17.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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