Price for Wood; Shuttering for Concrete Constructional Work in Turkey - 2024

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Turkey (CIF) - 2024
  2. Price for Wood; Shuttering for Concrete Constructional Work in Turkey (FOB) - 2024
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Turkey
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Turkey

Price for Wood; Shuttering for Concrete Constructional Work in Turkey (CIF) - 2024

The average import price for wood; shuttering for concrete constructional work stood at $1,420 per ton in January 2024, surging by 7.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 11% against the previous month. As a result, import price attained the peak level of $1,665 per ton. From May 2023 to January 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($2,393 per ton), while the price for Russia ($1,092 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Ukraine (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wood; Shuttering for Concrete Constructional Work in Turkey (FOB) - 2024

The average export price for wood; shuttering for concrete constructional work stood at $1,405 per ton in January 2024, with a decrease of -3.2% against the previous month. In general, the export price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 235% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,936 per ton in June 2023; however, from July 2023 to January 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Azerbaijan ($1,923 per ton), while the average price for exports to Uzbekistan ($960 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shuttering for Concrete Constructional Work in Turkey

For the fourth year in a row, Turkey recorded growth in purchases abroad of wood; shuttering for concrete constructional work, which increased by 101% to 12K tons in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wood; shuttering for concrete constructional work surged to $18M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wood; Shuttering for Concrete Constructional Work in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1.44.36.214.4117.5%
Germany1.41.32.44.143.1%
OthersN/AN/AN/AN/A0%
Total2.85.68.618.587.6%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Turkey in 2022:

  1. Austria (9.4K tons)
  2. Germany (2.5K tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Turkey

After two years of decline, shipments abroad of wood; shuttering for concrete constructional work increased by 205% to 1.6K tons in 2022. In general, exports, however, showed a dramatic decrease.

In value terms, exports of wood; shuttering for concrete constructional work soared to $2.6M in 2022. Over the period under review, exports, however, showed a abrupt setback.

Export of Wood; Shuttering for Concrete Constructional Work in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq7861,0444979867.8%
MongoliaN/AN/AN/A5620%
Azerbaijan71047.037.2186-36.0%
Cyprus9.929.6N/A129135.3%
Algeria13511.0N/A114-5.5%
Democratic Republic of the CongoN/AN/AN/A1100%
Georgia65.8N/A7.110617.2%
MaliN/AN/AN/A92.70%
SomaliaN/A48.70.284.131.4%
IranN/AN/AN/A53.80%
Greece28.7N/A4.724.7-4.9%
Austria3430.10.11.3-84.4%
Germany1640.31.20.1-91.5%
Others1,235549334171-48.3%
Total3,4771,7298822,621-9.0%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Turkey in 2022:

  1. Iraq (716.0 tons)
  2. Mongolia (286.6 tons)
  3. Azerbaijan (78.0 tons)
  4. Cyprus (66.1 tons)
  5. Georgia (57.4 tons)
  6. Algeria (49.5 tons)
  7. Somalia (47.0 tons)
  8. Democratic Republic of the Congo (44.5 tons)
  9. Iran (43.6 tons)
  10. Mali (36.9 tons)
  11. Greece (23.8 tons)
  12. Austria (0.9 tons)

Source: IndexBox Market Intelligence Platform

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