Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey - 2022

Contents:

  1. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey (FOB) - 2022
  2. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey (CIF) - 2022
  3. Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey
  4. Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey (FOB) - 2022

The average export price for wood stood at $14 per cubic meter in 2022, surging by 30% against the previous year. Overall, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 271% against the previous year. As a result, the export price reached the peak level of $72 per cubic meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($22 per cubic meter), while the average price for exports to Oman stood at $12 per cubic meter.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey (CIF) - 2022

The average import price for wood stood at $327 per cubic meter in 2022, picking up by 201% against the previous year. Overall, the import price saw strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Georgia ($835 per cubic meter), while the price for Germany ($166 per cubic meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+6,362.5%), while the prices for the other major suppliers experienced a decline.

Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey

In 2022, after three years of growth, there was significant decline in shipments abroad of wood, when their volume decreased by -14.1% to 42K cubic meters. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 140% against the previous year. Over the period under review, the exports of reached the peak figure at 49K cubic meters in 2021, and then dropped in the following year.

In value terms, exports of wood rose markedly to $589K in 2022. Over the period under review, exports showed a pronounced setback. Over the period under review, the exports of attained the peak figure at $681K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman12330.270.140248.4%
GeorgiaN/AN/AN/A1810%
Kuwait76.5186N/AN/A143.1%
Jordan27449.1N/AN/A-82.1%
MoroccoN/A99.055.9N/A-43.5%
LebanonN/AN/A254N/A0%
IsraelN/A18025.1N/A-86.1%
Others2071061236.0-69.3%
Total681650528589-4.7%

Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Turkey in 2022:

  1. Oman (33.7K cubic meters)
  2. Georgia (8.2K cubic meters)

Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey

In 2022, imports of wood into Turkey contracted rapidly to 80 cubic meters, which is down by -65.5% against 2021. In general, imports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 167% against the previous year. Imports peaked at 1.8K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of wood amounted to $26K in 2022. Over the period under review, imports recorded a sharp downturn. Over the period under review, imports of hit record highs at $268K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GeorgiaN/AN/A0.515.93080.0%
Germany19.814.84.48.2-25.5%
Spain4.00.41.11.6-26.3%
Belgium3.80.20.40.6-46.0%
France74.78.6N/AN/A-88.5%
Indonesia73.5N/AN/AN/A0%
Uruguay27.6N/AN/AN/A0%
Portugal52.5N/A17.4N/A-42.4%
Brazil12.6N/AN/AN/A0%
OthersN/A3.21.4N/A-56.3%
Total26827.125.226.2-53.9%

Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Turkey in 2022:

  1. Germany (49.0 cubic meters)
  2. Georgia (19.0 cubic meters)
  3. Spain (9.0 cubic meters)
  4. Belgium (3.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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