Price for Pulps of Other Fibrous Cellulosic Material in Turkey - 2024

Contents:

1. Price for Pulps of Other Fibrous Cellulosic Material in Turkey (CIF) - 2024
2. Price for Pulps of Other Fibrous Cellulosic Material in Turkey (FOB) - 2022
3. Imports of Pulps of Other Fibrous Cellulosic Material in Turkey
4. Exports of Pulps of Other Fibrous Cellulosic Material in Turkey

Price for Pulps of Other Fibrous Cellulosic Material in Turkey (CIF) - 2024

The average import price for pulps of other fibrous cellulosic materials stood at $1,317 per ton in February 2024, dropping by -11.3% against the previous month. Over the period under review, the import price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in January 2024 when the average import price increased by 45% against the previous month. Over the period under review, average import prices attained the maximum at $1,611 per ton in June 2023; however, from July 2023 to February 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Uzbekistan ($1,602 per ton), while the price for Germany ($855 per ton) was amongst the lowest.

From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pulps of Other Fibrous Cellulosic Material in Turkey (FOB) - 2022

The average export price for pulps of other fibrous cellulosic materials stood at $2,204 per ton in 2022, picking up by 122% against the previous year. In general, the export price posted prominent growth. The pace of growth appeared the most rapid in 2016 an increase of 126%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($2,330 per ton), while the average price for exports to Slovenia ($277 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 India (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pulps of Other Fibrous Cellulosic Material in Turkey

In 2022, imports of pulps of other fibrous cellulosic materials into Turkey skyrocketed to 11K tons, growing by 15% compared with 2021 figures. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 65%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of pulps of other fibrous cellulosic materials surged to $17M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 74%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Turkey in 2022:

1. Uzbekistan (2.1K tons)
2. Germany (1.4K tons)
3. Slovakia (1.3K tons)
4. China (0.4K tons)
5. France (0.2K tons)
6. Italy (0.1K tons)

Exports of Pulps of Other Fibrous Cellulosic Material in Turkey

In 2022, shipments abroad of pulps of other fibrous cellulosic materials decreased by -52.1% to 365 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 163%. As a result, the exports reached the peak of 763 tons, and then contracted significantly in the following year.

In value terms, exports of pulps of other fibrous cellulosic materials expanded sharply to $805K in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 324%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Pulps of Other Fibrous Cellulosic Material from Turkey in 2022:

1. India (117.6 tons)
2. Switzerland (75.4 tons)
3. Slovenia (37.6 tons)
4. Netherlands (33.0 tons)
5. Hong Kong SAR (27.7 tons)
6. Uzbekistan (20.5 tons)
7. Iraq (18.3 tons)
8. United Arab Emirates (15.4 tons)
9. Russia (0.9 tons)

Source: IndexBox Market Intelligence Platform