Turkey - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Turkey - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights

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Fiberboard Price in Turkey - 2023

Contents:

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

Fiberboard Price in Turkey (FOB) - 2023

In September 2023, the average fiberboard export price amounted to $103 per cubic meter, declining by -5% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 8.3% month-to-month. As a result, the export price attained the peak level of $118 per cubic meter. From March 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Russia ($157 per cubic meter), while the average price for exports to Tunisia ($73.3 per cubic meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

Fiberboard Price in Turkey (CIF) - 2023

In September 2023, the average fiberboard import price amounted to $127 per cubic meter, surging by 15% against the previous month. In general, import price indicated noticeable growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, fiberboard import price increased by +69.5% against July 2023 indices. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 48% against the previous month. Over the period under review, average import prices attained the peak figure at $128 per cubic meter in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($242 per cubic meter), while the price for Iran ($20.5 per cubic meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Fiberboard Exports in Turkey

After three years of growth, overseas shipments of fiber board of wood or other ligneous materials decreased by -6.2% to 7M cubic meters in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, the exports reached the peak figure at 7.5M cubic meters in 2021, and then shrank in the following year.

In value terms, fiberboard exports expanded rapidly to $834M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 51%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Fiberboard in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq66.966.792.110114.7%
Morocco12.018.648.360.571.5%
Tunisia29.435.640.955.823.8%
Canada16.736.256.550.344.4%
Romania15.718.524.339.736.2%
Libya18.115.430.437.527.5%
Egypt15.032.946.037.035.1%
Georgia16.217.127.031.024.2%
Russia5.19.525.130.581.5%
Bulgaria11.712.120.729.636.3%
Iran34.230.223.622.9-12.5%
Algeria13.616.418.922.718.6%
Serbia5.18.213.421.862.3%
Others11817227129435.6%
Total37748973883430.3%

Top Export Markets for Fiberboard from Turkey in 2022:

  1. Iraq (952.8K cubic meters)
  2. Tunisia (553.4K cubic meters)
  3. Morocco (548.6K cubic meters)
  4. Libya (358.1K cubic meters)
  5. Canada (333.4K cubic meters)
  6. Romania (302.8K cubic meters)
  7. Egypt (297.2K cubic meters)
  8. Iran (259.1K cubic meters)
  9. Georgia (251.2K cubic meters)
  10. Bulgaria (247.9K cubic meters)
  11. Algeria (230.3K cubic meters)
  12. Serbia (188.2K cubic meters)
  13. Russia (183.7K cubic meters)

Fiberboard Imports in Turkey

In 2022, the amount of fiber board of wood or other ligneous materials imported into Turkey skyrocketed to 834K cubic meters, increasing by 284% against the previous year. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fiberboard imports skyrocketed to $77M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fiberboard in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.38.41.439.7409.6%
Iran0.1N/AN/A12.1394.6%
Romania7.115.18.36.8-1.4%
Germany3.63.13.84.25.3%
China2.52.21.72.61.3%
Slovenia1.00.71.01.617.0%
Bulgaria0.70.62.11.012.6%
Others6.88.38.39.09.8%
Total22.138.426.777.051.6%

Top Suppliers of Fiberboard to Turkey in 2022:

  1. Russia (484.0K cubic meters)
  2. Iran (180.2K cubic meters)
  3. Romania (60.2K cubic meters)
  4. Germany (21.3K cubic meters)
  5. China (13.8K cubic meters)
  6. Slovenia (12.1K cubic meters)
  7. Bulgaria (10.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fiberboard 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 16211423 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness not exceeding 5 mm
  • Prodcom 16211426 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 5 mm but not exceeding 9 mm
  • Prodcom 16211429 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 9 mm
  • Prodcom 16211443 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,8 g/cm.
  • Prodcom 16211446 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,5 g/cm. but not exceeding 0,8 g/cm.
  • Prodcom 16211449 - Fibreboard of wood or other ligneous materials (excluding medium density fibreboard [MDF]), whether or not bonded with resins or other organic substances, of a density not exceeding 0,5 g/cm.

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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Free Data: Fiber Board Of Wood Or Other Ligneous Materials - Turkey