Turkey: Steel Sheet Piling Market 2025

Steel Sheet Piling Market Size in Turkey

The Turkish steel sheet piling market soared to $X in 2022, increasing by 104% against the previous year. Over the period under review, consumption showed a prominent expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Steel Sheet Piling Production in Turkey

In value terms, steel sheet piling production shrank notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a sharp shrinkage. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Steel Sheet Piling Exports

Exports from Turkey

In 2022, shipments abroad of sheet piling of steel decreased by -52.5% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2018 with an increase of 3,273%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, steel sheet piling exports fell to $X in 2022. Overall, exports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2018 when exports increased by 4,573% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Senegal (X tons) and Georgia (X tons) were the main destinations of steel sheet piling exports from Turkey, together comprising 55% of total exports.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of +408.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for sheet piling of steel exports from Turkey, comprising 44% of total exports. The second position in the ranking was held by Turkmenistan ($X), with an 8.6% share of total exports. It was followed by Senegal, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (-4.8% per year) and Senegal (+11.9% per year).

Export Prices by Country

The average steel sheet piling export price stood at $X per ton in 2022, picking up by 88% against the previous year. Overall, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 90%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Sheet Piling Imports

Imports into Turkey

In 2022, approx. X tons of sheet piling of steel were imported into Turkey; shrinking by -83.9% compared with the previous year. Over the period under review, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 675%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, steel sheet piling imports dropped dramatically to $X in 2022. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 819%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), Luxembourg (X tons) and Poland (X tons) were the main suppliers of steel sheet piling imports to Turkey, with a combined 100% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of -0.3%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of sheet piling of steel to Turkey, comprising 75% of total imports. The second position in the ranking was held by Luxembourg ($X), with a 17% share of total imports. It was followed by Poland, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (-12.8% per year) and Poland (-26.0% per year).

Import Prices by Country

The average steel sheet piling import price stood at $X per ton in 2022, picking up by 150% against the previous year. In general, the import price posted strong growth. 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 Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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