Price for Wood; Shingles and Shakes in Turkey - 2023

Contents:

  1. Price for Wood; Shingles and Shakes in Turkey (FOB) - 2022
  2. Price for Wood; Shingles and Shakes in Turkey (CIF) - 2022
  3. Exports of Wood; Shingles and Shakes in Turkey
  4. Imports of Wood; Shingles and Shakes in Turkey

Price for Wood; Shingles and Shakes in Turkey (FOB) - 2022

The average wood; shingles and shakes export price stood at $7,510 per ton in 2022, rising by 151% against the previous year. Overall, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 164%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($20,682 per ton), while the average price for exports to Iraq ($1,138 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 Saudi Arabia (+52.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood; Shingles and Shakes in Turkey (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $11,500 per ton, reducing by -2.3% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 7,225%. As a result, import price attained the peak level of $17,242 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($12,833 per ton), while the price for Hong Kong SAR totaled $7,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+86.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Wood; Shingles and Shakes in Turkey

In 2022, shipments abroad of wood; shingles and shakeses was finally on the rise to reach 2.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a dramatic decline.

In value terms, wood; shingles and shakes exports surged to $18K in 2022. Over the period under review, exports, however, continue to indicate a dramatic slump.

Export of Wood; Shingles and Shakes in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.01.6N/A13.0135.1%
LibyaN/AN/AN/A2.10%
Saudi ArabiaN/AN/A0.10.9800.0%
FranceN/A2.01.90.7-40.8%
Iraq22.0N/A0.40.4-73.7%
Syrian Arab RepublicN/A1.1N/AN/A0%
AzerbaijanN/A10.1N/AN/A0%
Montenegro102N/AN/AN/A0%
Others5.60.83.00.5-55.3%
Total13115.55.417.6-48.8%

Top Export Markets for Wood; Shingles and Shakes from Turkey in 2022:

  1. Germany (1290.0 kg)
  2. Libya (356.0 kg)
  3. Iraq (341.0 kg)
  4. France (288.0 kg)
  5. Saudi Arabia (44.0 kg)

Imports of Wood; Shingles and Shakes in Turkey

After two years of decline, purchases abroad of wood; shingles and shakeses decreased by -92.5% to 8 kg in 2022. Over the period under review, imports saw a sharp setback.

In value terms, wood; shingles and shakes imports dropped significantly to $92 in 2022. Overall, imports showed a dramatic decline.

Import of Wood; Shingles and Shakes in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.30.1-66.7%
Hong Kong SARN/AN/AN/AN/A0%
Belgium0.5N/AN/AN/A0%
Spain3.2N/A0.9N/A-47.0%
Germany0.2N/AN/AN/A0%
Italy3.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.2N/A1.30.1-76.0%

Top Suppliers of Wood; Shingles and Shakes to Turkey in 2022:

  1. China (6.0 kg)
  2. Hong Kong SAR (2.0 kg)

Source: IndexBox Market Intelligence Platform

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