Turkey: Industrial Roundwood (Coniferous) Market 2025

Industrial Roundwood (Coniferous) Market Size in Turkey

The Turkish industrial roundwood (coniferous) market reduced to $X in 2022, shrinking by -7.4% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Industrial roundwood (coniferous) consumption peaked at $X in 2021, and then declined in the following year.

Industrial Roundwood (Coniferous) Production in Turkey

In value terms, industrial roundwood (coniferous) production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 29% against the previous year. Over the period under review, production hit record highs at $X in 2021, and then dropped in the following year.

Industrial Roundwood (Coniferous) Exports

Exports from Turkey

In 2022, overseas shipments of industrial roundwood (coniferous) decreased by -98.7% to X cubic meters, falling for the fourth consecutive year after four years of growth. Overall, exports faced a precipitous descent. The pace of growth was the most pronounced in 2016 with an increase of 1,033%. The exports peaked at X cubic meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood (coniferous) exports reduced dramatically to $X in 2022. In general, exports recorded a sharp setback. The pace of growth was the most pronounced in 2016 when exports increased by 757%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X cubic meters), the UK (X cubic meters) and Azerbaijan (X cubic meters) were the main destinations of industrial roundwood (coniferous) exports from Turkey.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, Germany ($X) emerged as the key foreign market for industrial roundwood (coniferous) exports from Turkey, comprising 94% of total exports. The second position in the ranking was held by the UK ($X), with a 5.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-14.7% per year) and Azerbaijan (-56.3% per year).

Export Prices by Country

In 2022, the average industrial roundwood (coniferous) export price amounted to $X per cubic meter, dropping by -44.7% against the previous year. Over the period under review, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2019 an increase of 42%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2021, and then shrank remarkably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood (Coniferous) Imports

Imports into Turkey

In 2022, the amount of industrial roundwood (coniferous) imported into Turkey declined remarkably to X cubic meters, waning by -70.1% against 2021 figures. Overall, imports showed a sharp decrease. The growth pace was the most rapid in 2020 when imports increased by 5.3% against the previous year. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, industrial roundwood (coniferous) imports declined rapidly to $X in 2022. Over the period under review, imports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Bulgaria (X cubic meters), Germany (X cubic meters) and Poland (X cubic meters) were the main suppliers of industrial roundwood (coniferous) imports to Turkey, together comprising 94% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +85.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Bulgaria ($X) and Hungary ($X) constituted the largest industrial roundwood (coniferous) suppliers to Turkey, together comprising 89% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +43.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average industrial roundwood (coniferous) import price stood at $X per cubic meter in 2022, rising by 101% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial roundwood (coniferous) import price increased by +138.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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