Turkey: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in Turkey

In 2022, the Turkish sack kraft paper market increased by X% to $X, rising for the fifth consecutive year after two years of decline. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Sack kraft paper consumption peaked in 2022 and is likely to see steady growth in years to come.

Sack Kraft Paper Production in Turkey

In value terms, sack kraft paper production shrank modestly to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Sack Kraft Paper Exports

Exports from Turkey

In 2022, overseas shipments of sack kraft paper increased by X% to X tons, rising for the eighth consecutive year after two years of decline. Overall, exports, however, showed a perceptible setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sack kraft paper exports skyrocketed to $X in 2022. Over the period under review, exports recorded a slight expansion. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Portugal (X tons), Iraq (X tons) and Libya (X tons) were the main destinations of sack kraft paper exports from Turkey, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sack kraft paper exported from Turkey were Portugal ($X), Iraq ($X) and Libya ($X), together comprising X% of total exports.

In terms of the main countries of destination, Portugal, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sack kraft paper export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sack kraft paper export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Portugal ($X per ton) and Germany ($X per ton), while the average price for exports to Spain ($X per ton) and Iran ($X per ton) were amongst the lowest.

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

Sack Kraft Paper Imports

Imports into Turkey

After two years of growth, supplies from abroad of sack kraft paper decreased by X% to X tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, sack kraft paper imports soared to $X in 2022. Overall, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Russia (X tons) constituted the largest sack kraft paper supplier to Turkey, accounting for a X% share of total imports. Moreover, sack kraft paper imports from Russia exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), threefold. The third position in this ranking was held by Sweden (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Sweden (X% per year).

In value terms, Russia ($X) constituted the largest supplier of sack kraft paper to Turkey, comprising X% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total imports. It was followed by Sweden, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Sweden (X% per year).

Import Prices by Country

In 2022, the average sack kraft paper import price amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Bosnia and Herzegovina ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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