Price for Wood; Statuettes and Other Ornaments of Wood in Turkey - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Turkey (FOB) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Turkey (CIF) - 2022
- Exports of Wood; Statuettes and Other Ornaments of Wood in Turkey
- Imports of Wood; Statuettes and Other Ornaments of Wood in Turkey
Price for Wood; Statuettes and Other Ornaments of Wood in Turkey (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $8,715 per ton in 2022, approximately reflecting the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood; statuettes and other ornaments of wood increased by +79.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 79% against the previous year. The export price peaked at $8,725 per ton in 2017; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($14,704 per ton), while the average price for exports to Iraq ($1,927 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 Italy (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Turkey (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $3,828 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($7,155 per ton), while the price for Iran ($2,378 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood; Statuettes and Other Ornaments of Wood in Turkey
In 2022, shipments abroad of wood; statuettes and other ornaments of wood decreased by -42.3% to 236 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 255%. As a result, the exports reached the peak of 409 tons, and then declined dramatically in the following year.
In value terms, exports of wood; statuettes and other ornaments of wood dropped rapidly to $2.1M in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 535%. As a result, the exports reached the peak of $3.6M, and then shrank rapidly in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.7 | 21.0 | 1,820 | 1,092 | 341.4% |
| Germany | 39.5 | 155 | 519 | 311 | 98.9% |
| United Kingdom | 15.2 | 18.2 | 226 | 136 | 107.6% |
| France | 11.2 | 13.9 | 76.5 | 45.9 | 60.0% |
| Qatar | 26.5 | 21.2 | 67.6 | 40.5 | 15.2% |
| Israel | 43.7 | 28.2 | 63.1 | 37.9 | -4.6% |
| Iraq | 23.6 | 26.2 | 22.1 | 14.1 | -15.8% |
| Others | 367 | 276 | 761 | 380 | 1.2% |
| Total | 539 | 559 | 3,555 | 2,057 | 56.3% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Turkey in 2022:
- United States (74.2 tons)
- Germany (60.4 tons)
- Israel (14.7 tons)
- Qatar (12.5 tons)
- United Kingdom (10.4 tons)
- Iraq (7.3 tons)
- France (5.4 tons)
Imports of Wood; Statuettes and Other Ornaments of Wood in Turkey
For the third consecutive year, Turkey recorded decline in overseas purchases of wood; statuettes and other ornaments of wood, which decreased by -6.8% to 388 tons in 2022. Over the period under review, imports saw a drastic downturn.
In value terms, imports of wood; statuettes and other ornaments of wood contracted to $1.5M in 2022. In general, imports saw a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 13%.
| Import of Wood; Statuettes and Other Ornaments of Wood in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 805 | 594 | 675 | 622 | -8.2% |
| Indonesia | 343 | 345 | 281 | 290 | -5.4% |
| India | 105 | 142 | 241 | 220 | 28.0% |
| Vietnam | 105 | 85.6 | 90.9 | 84.5 | -7.0% |
| Thailand | 39.5 | 76.9 | 20.2 | 40.9 | 1.2% |
| Iran | 51.8 | 0.2 | 2.4 | 16.3 | -32.0% |
| Others | 271 | 149 | 269 | 211 | -8.0% |
| Total | 1,721 | 1,392 | 1,579 | 1,485 | -4.8% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Turkey in 2022:
- China (219.3 tons)
- Indonesia (91.9 tons)
- India (36.5 tons)
- Vietnam (11.8 tons)
- Iran (6.9 tons)
- Thailand (6.7 tons)
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