Report Update Apr 1, 2024

Turkey - Roundwood - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Roundwood Market 2024

Roundwood Market Size in Turkey

In 2022, the Turkish roundwood market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption continues to indicate moderate growth. As a result, consumption attained the peak level of $X.5B. From 2018 to 2022, the growth of the market failed to regain momentum.

Roundwood Production in Turkey

In value terms, roundwood production fell modestly to $X in 2022 estimated in export price. In general, production recorded a noticeable reduction. The growth pace was the most rapid in 2019 with an increase of X%. Roundwood production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Roundwood Exports

Exports from Turkey

For the third consecutive year, Turkey recorded growth in overseas shipments of roundwood, which increased by X% to X cubic meters in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, roundwood exports shrank remarkably to $X in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X cubic meters), Tunisia (X cubic meters) and Iraq (X cubic meters) were the main destinations of roundwood exports from Turkey, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tunisia (with a CAGR of X,900.0%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X) remains the key foreign market for roundwood exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Georgia ($X), with a X% share of total exports. It was followed by Germany, with less than X% share.

From 2012 to 2022, the average annual growth rate of value to Iraq amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Germany (X% per year).

Export Prices by Country

The average roundwood export price stood at $X per cubic meter in 2022, dropping by X% against the previous year. In general, the export price saw a dramatic shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Iraq ($X per cubic meter), while the average price for exports to Tunisia (less than $X per cubic meter) was amongst the lowest.

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

Roundwood Imports

Imports into Turkey

In 2022, supplies from abroad of roundwood increased by X% to X cubic meters, rising for the second year in a row after three years of decline. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2017 with an increase of X,213% against the previous year. As a result, imports reached the peak of X cubic meters. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, roundwood imports surged to $X in 2022. Overall, imports, however, saw a abrupt slump. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Georgia (X cubic meters) was the main roundwood supplier to Turkey, with a X% share of total imports. It was followed by Latvia (X cubic meters), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Georgia amounted to X%.

In value terms, the largest roundwood suppliers to Turkey were Latvia ($X) and Georgia ($X).

Georgia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average roundwood import price amounted to $X per cubic meter, which is down by X% against the previous year. In general, the import price recorded a sharp contraction. The most prominent rate of growth was recorded in 2019 an increase of X,231% against the previous year. The import price peaked at $X per cubic meter in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($X per cubic meter), while the price for Georgia amounted to less than $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for roundwood in the world?

South Africa constituted the country with the largest volume of roundwood consumption, accounting for 50% of total volume. Moreover, roundwood consumption in South Africa exceeded the figures recorded by the second-largest consumer, Belarus, fourfold. The third position in this ranking was taken by Bosnia and Herzegovina, with an 11% share.

What are the largest producers of roundwood in the world?

Bosnia and Herzegovina constituted the country with the largest volume of roundwood production, comprising approx. 64% of total volume. Moreover, roundwood production in Bosnia and Herzegovina exceeded the figures recorded by the second-largest producer, Belarus, threefold.

What are the leading suppliers of roundwood to Turkey?

In value terms, Latvia and Georgia constituted the largest roundwood suppliers to Turkey.

What are the leading importers of roundwood from Turkey?

In value terms, Iraq remains the key foreign market for roundwood exports from Turkey, comprising 79% of total exports. The second position in the ranking was taken by Georgia, with a 14% share of total exports. It was followed by Germany, with less than 0.1% share.

What is the average export price for roundwood in Turkey?

The average roundwood export price stood at $1.8 per cubic meter in 2022, falling by -98.2% against the previous year.

What is the average import price for roundwood in Turkey?

In 2022, the average roundwood import price amounted to $1.4 per cubic meter, reducing by -99.5% against the previous year.

This report provides an in-depth analysis of the roundwood 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 1627 - Wood fuel, coniferous (production)
FCL 1628 - Wood fuel, non-coniferous (production)
FCL 1866 -
FCL 1867 -

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023