Turkey: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Turkey

The Turkish sawnwood (non-coniferous) market dropped to $X in 2022, falling by -4.2% against the previous year. Overall, consumption continues to indicate a abrupt slump. Sawnwood (non-coniferous) consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Sawnwood (Non-Coniferous) Production in Turkey

In value terms, sawnwood (non-coniferous) production contracted modestly to $X in 2022 estimated in export price. Overall, production recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 11%. Sawnwood (non-coniferous) production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Turkey

In 2022, shipments abroad of sawnwood (non-coniferous) decreased by -35.4% to X cubic meters, falling for the second consecutive year after five years of growth. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 222%. Over the period under review, the exports hit record highs at X cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) exports fell markedly to $X in 2022. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 130% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Iran (X cubic meters) was the main destination for sawnwood (non-coniferous) exports from Turkey, accounting for a 85% share of total exports. Moreover, sawnwood (non-coniferous) exports to Iran exceeded the volume sent to the second major destination, Iraq (X cubic meters), more than tenfold. The third position in this ranking was taken by Bulgaria (X cubic meters), with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran totaled +56.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+11.3% per year) and Bulgaria (+45.8% per year).

In value terms, Iran ($X) remains the key foreign market for sawnwood (non-coniferous) exports from Turkey, comprising 75% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 4% share of total exports. It was followed by Iraq, with a 4% share.

From 2012 to 2022, the average annual growth rate of value to Iran amounted to +29.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+7.5% per year) and Iraq (-5.3% per year).

Export Prices by Country

In 2022, the average sawnwood (non-coniferous) export price amounted to $X per cubic meter, surging by 5% against the previous year. In general, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. The export price peaked at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per cubic meter), while the average price for exports to Iraq ($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 the United Arab Emirates (-0.2%), while the prices for the other major destinations experienced a decline.

Sawnwood (Non-Coniferous) Imports

Imports into Turkey

In 2022, imports of sawnwood (non-coniferous) into Turkey surged to X cubic meters, with an increase of 22% on the year before. In general, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32%. Imports peaked at X cubic meters in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, sawnwood (non-coniferous) imports surged to $X in 2022. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Cameroon (X cubic meters), the United States (X cubic meters) and Romania (X cubic meters) were the main suppliers of sawnwood (non-coniferous) imports to Turkey, with a combined 68% share of total imports. Ukraine, Angola, Cote d'Ivoire, Congo, Bulgaria and Georgia lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of +44.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Cameroon ($X) and Ukraine ($X) constituted the largest sawnwood (non-coniferous) suppliers to Turkey, together comprising 70% of total imports. Romania, Angola, Cote d'Ivoire, Congo, Bulgaria and Georgia lagged somewhat behind, together accounting for a further 16%.

Angola, with a CAGR of +37.5%, saw the highest growth rate of 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

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, increasing by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Georgia ($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 Bulgaria (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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