Turkey: Wooden Window Market 2022

Wooden Window Market Size in Turkey

After two years of decline, the Turkish wooden window market increased by 1.4% to $X in 2021. Over the period under review, consumption, however, recorded a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wooden Window Production in Turkey

In value terms, wooden window production reached $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 46%. Wooden window production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wooden Window Exports

Exports from Turkey

In 2021, exports of windows, french windows and their frames of wood from Turkey soared to X tons, picking up by 26% on 2020 figures. Over the period under review, exports, however, showed a mild descent. The most prominent rate of growth was recorded in 2018 when exports increased by 57%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wooden window exports soared to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 80% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for wooden window exports from Turkey, accounting for a 43% share of total exports. Moreover, wooden window exports to France exceeded the volume sent to the second major destination, Iraq (X tons), twofold. The UK (X tons) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (-3.4% per year) and the UK (+36.0% per year).

In value terms, France ($X) remains the key foreign market for wooden window exports from Turkey, comprising 63% of total exports. The second position in the ranking was held by the UK ($X), with a 9.8% share of total exports. It was followed by Iraq, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+33.8% per year) and Iraq (-8.0% per year).

Export Prices by Country

The average wooden window export price stood at $X per ton in 2021, declining by -4.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Window Imports

Imports into Turkey

In 2021, supplies from abroad of windows, french windows and their frames of wood increased by 15% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, saw a mild contraction. The growth pace was the most rapid in 2013 when imports increased by 23% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, wooden window imports soared to $X in 2021. Over the period under review, imports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2013 when imports increased by 71%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Hungary (X tons), Poland (X tons) and France (X tons) were the main suppliers of wooden window imports to Turkey, with a combined 87% share of total imports.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +87.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wooden window suppliers to Turkey were Hungary ($X), Poland ($X) and Germany ($X), together accounting for 85% of total imports. France and Denmark lagged somewhat behind, together accounting for a further 11%.

Among the main suppliers, France, with a CAGR of +68.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wooden window import price stood at $X per ton in 2021, growing by 7.7% against the previous year. In general, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2013 when the average import price increased by 39%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Germany ($X per ton) and Denmark ($X per ton), while the price for Hungary ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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