Turkey: Linoleum Market 2024

Linoleum Market Size in Turkey

The Turkish linoleum market rose modestly to $X in 2021, growing by 2.5% against the previous year. In general, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Linoleum Production in Turkey

In value terms, linoleum production rose to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2014 when the production volume increased by 8.3%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Linoleum Exports

Exports from Turkey

In 2021, overseas shipments of linoleum decreased by -0.1% to X square meters, falling for the seventh year in a row after three years of growth. Overall, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of 22%. As a result, the exports attained the peak of X square meters. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, linoleum exports shrank to $X in 2021. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Uzbekistan (X square meters), Azerbaijan (X square meters) and Indonesia (X square meters) were the main destinations of linoleum exports from Turkey, together accounting for 86% of total exports.

From 2012 to 2021, the biggest increases were recorded for Azerbaijan (with a CAGR of +10.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Azerbaijan ($X) and Indonesia ($X) were the largest markets for linoleum exported from Turkey worldwide, with a combined 87% share of total exports.

In terms of the main countries of destination, Azerbaijan, with a CAGR of +30.5%, 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 mixed trend patterns.

Export Prices by Country

The average linoleum export price stood at $X per square meter in 2021, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2016 an increase of 18%. Over the period under review, the average export prices attained the maximum at $X per square meter in 2020, and then contracted in the following year.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($X per square meter) and Indonesia ($X per square meter), while the average price for exports to Iran ($X per square meter) and Azerbaijan ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Linoleum Imports

Imports into Turkey

Linoleum imports into Turkey contracted significantly to X square meters in 2021, waning by -15.2% on the previous year. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 84% against the previous year. Imports peaked at X square meters in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, linoleum imports declined to $X in 2021. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 49% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X square meters), Russia (X square meters) and Ukraine (X square meters) were the main suppliers of linoleum imports to Turkey, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline.

In value terms, the Netherlands ($X) constituted the largest supplier of linoleum to Turkey, comprising 50% of total imports. The second position in the ranking was taken by Italy ($X), with a 23% share of total imports. It was followed by Russia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.1% per year) and Russia (0.0% per year).

Import Prices by Country

In 2021, the average linoleum import price amounted to $X per square meter, picking up by 11% against the previous year. In general, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29% against the previous year. The import price peaked at $X per square meter in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Russia ($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 Ukraine (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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