Turkey - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsulating Board Price in Turkey - 2023
Contents:
- Insulating Board Price in Turkey (FOB) - 2023
- Insulating Board Price in Turkey (CIF) - 2022
- Insulating Board Exports in Turkey
- Insulating Board Imports in Turkey
Insulating Board Price in Turkey (FOB) - 2023
In July 2023, the average insulating board export price amounted to $320 per cubic meter, almost unchanged from the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 14% month-to-month. The export price peaked at $389 per cubic meter in September 2022; however, from October 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In July 2023, the highest price was recorded for prices to Ukraine ($410 per cubic meter) and Georgia ($397 per cubic meter), while the average price for exports to Syrian Arab Republic ($284 per cubic meter) and Bulgaria ($285 per cubic meter) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Insulating Board Price in Turkey (CIF) - 2022
The average insulating board import price stood at $588 per cubic meter in 2022, growing by 5.8% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 187% against the previous year. As a result, import price reached the peak level of $1,383 per cubic meter. From 2021 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,776 per cubic meter), while the price for Croatia ($5 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+1,553.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Insulating Board Exports in Turkey
In 2022, after three years of growth, there was significant decline in shipments abroad of insulating board, when their volume decreased by -26.6% to 224K cubic meters. Overall, exports, however, showed a strong increase. The growth pace was the most rapid in 2020 with an increase of 55%. Over the period under review, the exports hit record highs at 306K cubic meters in 2021, and then dropped remarkably in the following year.
In value terms, insulating board exports stood at $78M in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 68%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Insulating Board in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 4.0 | 12.1 | 14.5 | 16.6 | 60.7% |
| Libya | 4.9 | 6.7 | 10.9 | 13.6 | 40.5% |
| Iraq | 5.4 | 6.4 | 11.3 | 7.7 | 12.6% |
| Egypt | 0.5 | 1.1 | 6.0 | 7.5 | 146.6% |
| Georgia | 2.1 | 2.9 | 6.6 | 4.7 | 30.8% |
| Serbia | 1.3 | 1.9 | 2.5 | 3.1 | 33.6% |
| Bulgaria | 1.4 | 1.4 | 1.9 | 3.1 | 30.3% |
| Turkmenistan | 1.5 | 1.5 | 2.4 | 2.8 | 23.1% |
| Russia | N/A | N/A | N/A | 1.9 | 0% |
| Morocco | 1.3 | 0.9 | 8.4 | 1.8 | 11.5% |
| Romania | 0.8 | 1.0 | 0.9 | 1.4 | 20.5% |
| North Macedonia | 0.7 | 0.9 | 1.1 | 1.4 | 26.0% |
| Azerbaijan | 1.2 | 1.4 | 2.0 | 0.9 | -9.1% |
| Others | 5.9 | 7.7 | 8.6 | 10.9 | 22.7% |
| Total | 31.2 | 45.9 | 77.1 | 77.6 | 35.5% |
Top Export Markets for Insulating Board from Turkey in 2022:
- Tunisia (52.8K cubic meters)
- Libya (43.8K cubic meters)
- Iraq (21.3K cubic meters)
- Egypt (20.6K cubic meters)
- Georgia (11.5K cubic meters)
- Bulgaria (9.2K cubic meters)
- Serbia (8.3K cubic meters)
- Turkmenistan (8.0K cubic meters)
- Morocco (4.9K cubic meters)
- North Macedonia (4.2K cubic meters)
- Russia (3.9K cubic meters)
- Romania (3.8K cubic meters)
- Azerbaijan (2.4K cubic meters)
Insulating Board Imports in Turkey
In 2022, approx. 687 cubic meters of insulating board were imported into Turkey; with an increase of 179% on the previous year. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, insulating board imports skyrocketed to $404K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Insulating Board in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.2 | 15.2 | 8.2 | 223 | 214.0% |
| Iran | N/A | N/A | N/A | 44.6 | 0% |
| Israel | N/A | N/A | 0.1 | 39.2 | 39100.0% |
| Italy | 48.5 | 0.7 | 2.1 | 31.4 | -13.5% |
| Poland | 82.9 | 10.3 | 43.1 | 24.1 | -33.8% |
| China | N/A | 146 | 0.1 | 0.1 | -97.4% |
| Bulgaria | 10.9 | N/A | 0.1 | N/A | -90.4% |
| Turkmenistan | N/A | N/A | 7.3 | N/A | 0% |
| Others | 23.5 | 44.8 | 75.8 | 41.2 | 20.6% |
| Total | 173 | 217 | 137 | 404 | 32.7% |
Top Suppliers of Insulating Board to Turkey in 2022:
- Germany (337.0 cubic meters)
- Iran (143.0 cubic meters)
- Italy (63.0 cubic meters)
- Poland (56.0 cubic meters)
- Israel (32.0 cubic meters)
- China (1.0 cubic meters)
This report provides an in-depth analysis of the insulating board 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 1650 - Other fibreboard
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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