Turkey: Linoleum Market 2024

Linoleum Market Size in Turkey

The Turkish linoleum market rose slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Linoleum Production in Turkey

In value terms, linoleum production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Linoleum Exports

Exports from Turkey

In 2022, shipments abroad of linoleum increased by X% to X square meters for the first time since 2014, thus ending a seven-year declining trend. Overall, exports, however, continue to indicate a deep slump. Over the period under review, the exports attained the maximum at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, linoleum exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Iran (X square meters), Uzbekistan (X square meters) and Democratic Republic of the Congo (X square meters) were the main destinations of linoleum exports from Turkey, with a combined X% share of total exports. Iraq, Libya and Uganda lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uganda (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for linoleum exported from Turkey were Iran ($X), Uzbekistan ($X) and Democratic Republic of the Congo ($X), together comprising X% of total exports. Uganda, Iraq and Libya lagged somewhat behind, together comprising a further X%.

Uganda, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average linoleum export price stood at $X per square meter in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($X per square meter), while the average price for exports to Libya ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Linoleum Imports

Imports into Turkey

Linoleum imports into Turkey shrank markedly to X square meters in 2022, with a decrease of X% against the previous year. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at X square meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, linoleum imports dropped dramatically to $X in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X square meters), Russia (X square meters) and Italy (X square meters) were the main suppliers of linoleum imports to Turkey, together accounting for X% of total imports. Germany lagged somewhat behind, accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) were the largest linoleum suppliers to Turkey, together comprising X% of total imports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average linoleum import price stood at $X per square meter in 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a noticeable contraction. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($X per square meter), while the price for Russia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :