Turkey - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Turkey - Hardboard - Market Analysis, Forecast, Size, Trends and Insights

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Hardboard Price in Turkey - 2023

Contents:

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

Hardboard Price in Turkey (FOB) - 2023

In July 2023, the average hardboard export price amounted to $643 per cubic meter, approximately reflecting the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 5.3% m-o-m. The export price peaked at $685 per cubic meter in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($744 per cubic meter), while the average price for exports to Libya ($478 per cubic meter) 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 Georgia (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Hardboard Price in Turkey (CIF) - 2023

The average hardboard import price stood at $355 per cubic meter in July 2023, reducing by -22.1% against the previous month. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in October 2022 an increase of 35% month-to-month. Over the period under review, average import prices hit record highs at $800 per cubic meter in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($1,528 per cubic meter), while the price for Russia ($318 per cubic meter) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Iran (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Hardboard Exports in Turkey

In 2022, after three years of growth, there was decline in shipments abroad of hardboard, when their volume decreased by -3.3% to 336K cubic meters. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 74% against the previous year. The exports peaked at 348K cubic meters in 2021, and then fell slightly in the following year.

In value terms, hardboard exports rose to $201M in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Hardboard in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania4.86.08.819.258.7%
Bulgaria4.85.010.815.648.1%
Canada6.320.421.512.927.0%
United States0.67.99.712.4174.4%
Georgia5.25.58.410.626.8%
Russia0.62.29.010.0155.4%
Serbia1.23.36.49.498.6%
Ukraine2.64.712.97.944.8%
Turkmenistan1.73.36.47.866.2%
Iraq4.03.46.17.221.6%
Spain1.01.94.36.182.7%
Egypt2.13.46.76.041.9%
Libya2.22.15.85.434.9%
Others25.643.379.570.440.1%
Total62.611219620147.5%

Top Export Markets for Hardboard from Turkey in 2022:

  1. Romania (34.3K cubic meters)
  2. Bulgaria (28.0K cubic meters)
  3. Canada (23.2K cubic meters)
  4. Georgia (18.5K cubic meters)
  5. Serbia (16.7K cubic meters)
  6. United States (14.4K cubic meters)
  7. Russia (14.1K cubic meters)
  8. Turkmenistan (13.1K cubic meters)
  9. Ukraine (12.5K cubic meters)
  10. Iraq (11.7K cubic meters)
  11. Egypt (10.8K cubic meters)
  12. Libya (10.1K cubic meters)
  13. Spain (10.1K cubic meters)

Hardboard Imports in Turkey

In 2022, the amount of hardboard imported into Turkey surged to 31K cubic meters, with an increase of 60% against 2021. Overall, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 126% against the previous year. As a result, imports attained the peak of 54K cubic meters. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, hardboard imports surged to $18M in 2022. Over the period under review, imports saw a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 84%. As a result, imports reached the peak of $23M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Hardboard in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A7.91.06.9-6.5%
Romania5.78.55.73.7-13.4%
Germany1.51.01.12.213.6%
China2.01.31.11.8-3.5%
Bulgaria0.60.51.10.914.5%
IranN/AN/AN/A0.60%
Luxembourg0.90.61.10.5-17.8%
Serbia0.30.50.40.410.1%
France0.60.4N/AN/A-33.3%
Others0.82.20.91.317.6%
Total12.522.912.518.413.8%

Top Suppliers of Hardboard to Turkey in 2022:

  1. France (undefinedK cubic meters)
  2. Russia (15.1K cubic meters)
  3. Romania (6.2K cubic meters)
  4. Germany (2.3K cubic meters)
  5. China (1.9K cubic meters)
  6. Bulgaria (1.9K cubic meters)
  7. Iran (1.2K cubic meters)
  8. Serbia (0.6K cubic meters)
  9. Luxembourg (0.5K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hardboard 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:

  • FCL 1647 - Hardboard

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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