Turkey: Wood Pulp Market 2024

Wood Pulp Market Size in Turkey

The Turkish wood pulp market soared to $X in 2022, rising by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wood Pulp Production in Turkey

In value terms, wood pulp production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Wood pulp production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Wood Pulp Exports

Exports from Turkey

In 2022, the amount of wood pulp exported from Turkey surged to X tons, picking up by X% against the year before. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, wood pulp exports surged to $X in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Iran (X tons) was the main destination for wood pulp exports from Turkey, with a X% share of total exports. Moreover, wood pulp exports to Iran exceeded the volume sent to the second major destination, Russia (X tons), fivefold. The third position in this ranking was taken by Egypt (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Egypt (X% per year).

In value terms, Iran ($X) remains the key foreign market for wood pulp exports from Turkey, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2022, the average wood pulp export price amounted to $X per ton, jumping by X% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood pulp export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Russia ($X per ton), while the average price for exports to China ($X 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 Afghanistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pulp Imports

Imports into Turkey

Wood pulp imports into Turkey soared to X tons in 2022, rising by X% on 2021 figures. Overall, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood pulp imports surged to $X in 2022. In general, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest wood pulp supplier to Turkey, with a X% share of total imports. Moreover, wood pulp imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was taken by Finland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Finland (X% per year).

In value terms, the largest wood pulp suppliers to Turkey were Brazil ($X), the United States ($X) and Finland ($X), with a combined X% share of total imports. Sweden, Portugal, Uruguay, Indonesia, Russia and Spain lagged somewhat behind, together accounting for a further X%.

Uruguay, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the average wood pulp import price amounted to $X per ton, increasing by X% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood pulp import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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