Turkey - Densified Wood - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Turkey - Densified Wood - Market Analysis, Forecast, Size, Trends And Insights

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Densified Wood Price in Turkey - 2023

Contents:

  1. Densified Wood Price in Turkey (CIF) - 2023
  2. Densified Wood Price in Turkey (FOB) - 2023
  3. Densified Wood Imports in Turkey
  4. Densified Wood Exports in Turkey

Densified Wood Price in Turkey (CIF) - 2023

The average densified wood import price stood at $5,261 per ton in July 2023, picking up by 13% against the previous month. In general, import price indicated a pronounced expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, densified wood import price increased by +219.6% against May 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 182% against the previous month. Over the period under review, average import prices attained the maximum in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($6,752 per ton), while the price for Germany stood at $3,874 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Densified Wood Price in Turkey (FOB) - 2023

In July 2023, the average densified wood export price amounted to $1,682 per ton, dropping by -10% against the previous month. Over the period under review, the export price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in September 2022 an increase of 71% against the previous month. As a result, the export price reached the peak level of $2,439 per ton. From October 2022 to July 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Iraq ($3,762 per ton), while the average price for exports to Nigeria ($1,010 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Densified Wood Imports in Turkey

Densified wood imports into Turkey fell markedly to 1.5K tons in 2022, waning by -24.8% on the year before. Over the period under review, imports continue to indicate a abrupt shrinkage. The smallest decline of -2.3% was in 2021.

In value terms, densified wood imports declined to $5.6M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year.

Import of Densified Wood in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.42.43.12.826.0%
Germany1.92.12.82.712.4%
PolandN/AN/A0.10.10.0%
Cameroon1.61.1N/AN/A-31.3%
Latvia0.1N/AN/AN/A0%
Others0.10.10.20.10.0%
Total5.25.76.35.62.5%

Top Suppliers of Densified Wood to Turkey in 2022:

  1. Germany (819.5 tons)
  2. Italy (632.4 tons)
  3. Poland (57.5 tons)

Densified Wood Exports in Turkey

Densified wood exports from Turkey surged to 3.4K tons in 2022, growing by 150% on the year before. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, densified wood exports soared to $4.2M in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Densified Wood in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia1.7N/A74.4855695.3%
Iraq6886516868105.6%
Azerbaijan19.241.0100532202.6%
United Arab Emirates2.311.923.4409462.3%
United States0.665.3143264660.6%
NetherlandsN/A22.0196197199.2%
Serbia24.010.266.117393.2%
Egypt0.3N/AN/A154700.7%
HungaryN/A347123138-36.9%
Turkmenistan24.023.712612271.9%
RussiaN/AN/AN/A84.60%
Uzbekistan1.7N/A18.066.8240.0%
Morocco17978.488.633.0-43.1%
Others529390433319-15.5%
Total1,4701,6412,0774,15741.4%

Top Export Markets for Densified Wood from Turkey in 2022:

  1. Georgia (914.2 tons)
  2. Azerbaijan (478.0 tons)
  3. United Arab Emirates (363.2 tons)
  4. Iraq (255.8 tons)
  5. Russia (244.9 tons)
  6. Hungary (187.0 tons)
  7. Egypt (154.0 tons)
  8. Serbia (139.9 tons)
  9. United States (106.4 tons)
  10. Netherlands (90.8 tons)
  11. Turkmenistan (82.5 tons)
  12. Uzbekistan (72.5 tons)
  13. Morocco (20.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the densified wood market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 16212200 - Densified wood, in blocks, plates, strips or profile shapes

Country coverage:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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