Price for Wood; Posts and Beams in Turkey - 2021
Contents:
- Price for Wood; Posts and Beams in Turkey (FOB) - 2022
- Price for Wood; Posts and Beams in Turkey (CIF) - 2022
- Exports of Wood; Posts and Beams in Turkey
- Imports of Wood; Posts and Beams in Turkey
Price for Wood; Posts and Beams in Turkey (FOB) - 2022
In 2022, the average wood; posts and beams export price amounted to $561 per ton, waning by -2.6% against the previous year. In general, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 29%. The export price peaked at $1,914 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($5,178 per ton), while the average price for exports to Iraq ($245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+80.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Posts and Beams in Turkey (CIF) - 2022
The average wood; posts and beams import price stood at $1,130 per ton in 2022, dropping by -18.5% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. Over the period under review, average import prices reached the peak figure at $1,749 per ton in 2013; however, from 2014 to 2022, 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 Austria ($1,370 per ton), while the price for Ukraine ($224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.3%), while the prices for the other major suppliers experienced a decline.
Exports of Wood; Posts and Beams in Turkey
In 2022, approx. 4.4K tons of wood; posts and beamses were exported from Turkey; increasing by 5.5% on the previous year's figure. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 95%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wood; posts and beams exports totaled $2.5M in 2022. The total export value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 48%. As a result, the exports reached the peak of $2.5M; afterwards, it flattened through to 2022.
| Export of Wood; Posts and Beams in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 502 | 459 | 844 | 908 | 21.8% |
| Iraq | 487 | 551 | 573 | 617 | 8.2% |
| Senegal | 11.0 | 265 | 242 | 260 | 187.0% |
| Libya | 101 | 303 | 138 | 178 | 20.8% |
| Spain | 49.6 | 105 | 103 | 110 | 30.4% |
| Bulgaria | 195 | 75.2 | 17.7 | 92.5 | -22.0% |
| Others | 376 | 781 | 489 | 308 | -6.4% |
| Total | 1,721 | 2,540 | 2,408 | 2,474 | 12.9% |
Top Export Markets for Wood; Posts and Beams from Turkey in 2022:
- Iraq (2516.7 tons)
- Libya (709.8 tons)
- Senegal (572.6 tons)
- Maldives (175.4 tons)
- Spain (88.7 tons)
- Bulgaria (81.6 tons)
Imports of Wood; Posts and Beams in Turkey
After three years of growth, supplies from abroad of wood; posts and beamses decreased by -4.4% to 711 tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 79% against the previous year.
In value terms, wood; posts and beams imports declined remarkably to $804K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 91%.
| Import of Wood; Posts and Beams in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 17.9 | 34.9 | 565 | 470 | 197.2% |
| Slovakia | 165 | 243 | 275 | 229 | 11.5% |
| Russia | 66.3 | 158 | 82.3 | 83.9 | 8.2% |
| Ukraine | 41.4 | 26.8 | 8.7 | 21.0 | -20.2% |
| Romania | N/A | 113 | 99.3 | N/A | -12.1% |
| Others | 11.4 | N/A | 1.8 | N/A | -60.3% |
| Total | 302 | 576 | 1,032 | 804 | 38.6% |
Top Suppliers of Wood; Posts and Beams to Turkey in 2022:
- Austria (343.2 tons)
- Slovakia (173.8 tons)
- Russia (100.6 tons)
- Ukraine (93.9 tons)
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