Turkey: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Turkey

The Turkish assembled parquet panels market expanded significantly to $X in 2022, with an increase of 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 remained relatively stable, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Assembled Parquet Panels Production in Turkey

In value terms, assembled parquet panels production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Assembled Parquet Panels Exports

Exports from Turkey

In 2022, after three years of growth, there was significant decline in overseas shipments of assembled parquet panels, when their volume decreased by X% to X square meters. Over the period under review, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X square meters, and then contracted remarkably in the following year.

In value terms, assembled parquet panels exports shrank rapidly to $X in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

South Africa (X square meters), Germany (X square meters) and Belgium (X square meters) were the main destinations of assembled parquet panels exports from Turkey, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Azerbaijan ($X) and Belgium ($X) constituted the largest markets for assembled parquet panels exported from Turkey worldwide, with a combined X% share of total exports.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average assembled parquet panels export price amounted to $X per square meter, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Greece ($X per square meter), while the average price for exports to South Africa ($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 South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports into Turkey

In 2022, after two years of growth, there was significant decline in purchases abroad of assembled parquet panels, when their volume decreased by X% to X square meters. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X square meters in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, assembled parquet panels imports fell dramatically to $X in 2022. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Sweden (X square meters), Croatia (X square meters) and France (X square meters) were the main suppliers of assembled parquet panels imports to Turkey, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest assembled parquet panels suppliers to Turkey were Italy ($X), Sweden ($X) and Croatia ($X), together accounting for X% of total imports.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average assembled parquet panels import price stood at $X per square meter in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Spain ($X per square meter), while the price for Vietnam ($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 Serbia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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