Wood in the rough market Turkey

Earlier Report Observations

From 2018 to 2020, the Turkish wood in the rough market volume increased gradually from 18.4 million tons to 18.7 million tons. This growth was supported by the abundant supply of local pine wood, which kept prices competitive, and steady demand from the construction sector for economical timber. The COVID-19 pandemic in 2020 caused global supply chain disruptions and higher raw material costs, but the market continued to expand.

The market surged to 22.9 million tons in 2021, a significant jump of over 22% from the previous year. This rise was driven by persistent logistics and supply constraints that limited availability, coupled with a growing consumer preference for durable and sustainable wood products. In 2022, continued vitality in Turkey's construction sector further boosted demand, pushing the market to a peak of 23.1 million tons despite ongoing price increases due to raw material costs and currency exchange effects.

In 2023, the market contracted sharply to 18.1 million tons, a drop of nearly 22%. Timber prices had been volatile throughout the year due to fluctuations in raw material costs, exchange rates, and logistical expenses, which likely contributed to the downturn. Environmental regulations and sustainable forest management practices remained important background factors influencing production costs and market dynamics.

Production wood in the rough Turkey

In kind, 2017-2020, K t

Globally, Turkey ranked as the 28th largest producer of wood in the rough from 2017 to 2020.

Top producers of wood in the rough, 2017-2020

World map of production of wood in the rough, 2017-2020

Turkey's production of wood in the rough grew for the third year in a row. In 2020, the country produced 18 657 thousand tons, marking a slight increase of 0.9% compared to 2019. Over the period from 2017 to 2020, production rose by 15.7%, which translates to an average annual growth rate of 5.0%.

Annual dynamics of production Turkey in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Turkey's production of wood in the rough continued to expand for the third consecutive year. In 2020, the output was valued at 4 145 million US dollars, reflecting a modest gain of 9.0% over 2019. From 2017 to 2020, production increased by 18.7%, with an average annual growth rate of 5.9%.

Annual dynamics of production Turkey in value, 2017-2020, M $ US

Exports wood in the rough to Turkey

Exports in kind, K t

The market showed an unstable trend during this period. The lowest export volume was recorded in 2017, while the highest reached 44.5 thousand tons in 2019, resulting in a peak-to-trough ratio of 3.3 times. In 2020, Turkey exported 37.2 thousand tons of wood in the rough, representing a substantial decline of 16.4% year-over-year. The largest increase occurred in 2018, with a jump of 160.4%.

Annual dynamics of product's exports to Turkey in kind, 2017-2020, K t

From 2017 to 2020, the main markets for Turkey's wood in the rough exports in kind were Georgia, accounting for 35.2% of exports, Iraq with 29.0%, and Syria at 16.5%. Together, these three countries made up 80.7% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports to Turkey in kind, 2017-2020

Exports in value, K $ US

The market experienced an unstable trend throughout the timeframe. Import levels fluctuated, with the lowest value in 2017 and the highest at 9 163 thousand US dollars in 2019, showing a 3.1-fold difference. In 2020, Turkey exported 8 271 thousand US dollars of wood in the rough, which is 9.7% less than the previous year. The largest increase was recorded in 2018, with a rise of 144.5%.

Annual dynamics of product's exports to Turkey in value, 2017-2020, K $ US

Between 2017 and 2020, the primary buyers of wood in the rough from Turkey in value terms were Iraq, representing 43.3% of exports, Georgia at 27.0%, and Syria with 8.5%. Collectively, these three markets accounted for 78.8% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports to Turkey in value, 2017-2020

Imports wood in the rough in Turkey

Imports in kind, K t

Turkey's imports of wood in the rough fell for the third consecutive year. In 2020, imports stood at 53.2 thousand tons, a decrease of 12.0% from 2019. Over the period from 2017 to 2020, imports dropped by 56%, with an average annual decline of 23.9%.

Annual dynamics of product's imports in Turkey in kind, 2017-2020, K t

From 2017 to 2020, Turkey's suppliers of wood in the rough in kind were diverse. Bulgaria contributed 13.3% of imports, Cameroon 11.3%, and Georgia 11.1%, together making up 35.6% of total imports. Many other countries held smaller but notable shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports in Turkey in kind, 2017-2020

Imports in value, K $ US

Turkey's imports of wood in the rough in value terms declined for the third year in a row. In 2020, imports reached 21 021 thousand US dollars, which is 7.5% lower than the previous year. Between 2017 and 2020, imports decreased by 37.1%, with an average annual reduction of 14.3%.

Annual dynamics of product's imports in Turkey in value, 2017-2020, K $ US

During 2017–2020, the partner structure for imports in value terms was balanced rather than concentrated. The United States accounted for 23.8% of imports, Cameroon for 11.6%, and France for 7.7%, jointly representing 43.2% of total flows. Many other countries made up the remaining 56.8%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports in Turkey in value, 2017-2020