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Turkey, which builds a bridge between Europe and Asia both geographically and geopolitically, continues to consolidate its intercontinental presence in exports, especially with the successes it has achieved in the wood and furniture sector. While furniture and wood products make a great contribution to the country's economy with an export of 3.55 billion dollars in the first 3 quarters of 2022, the fact that the five countries to which the most exports are made are from 3 different continents, reveals that Turkey is an economic power that directs the sector.
*** This release is originally published in Turkish.
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TURKEY - Furniture and wood products, which are one of the most important industrial sectors in terms of employment and exports, have changed direction. Economic difficulties, the energy crisis, the migration wave and the difficulties in the supply of raw materials led to the drawing of new trade routes. At this point, Turkey, which makes good use of the advantages of both its geographical and geopolitical position, is positioned at an important point on the trade routes. Turkey, which is the meeting point of the continents, broke export records in the first 9 months of this year, and built an intercontinental bridge especially in the wood sector in terms of economy and trade. While the Turkish wood industry continued to rise in 2022, furniture products made a great contribution to the country's economy with exports of 3.55 billion dollars in the first 3 quarters of 2022. While Germany and Iraq were the most exported countries in this process, these countries were followed by Israel, America and France, respectively. LSK Holding Chairman of the Board, İsmail Hakkı Yağcızeybek, stated that this success of Turkey, which has proven its international presence in exports, is not a coincidence, and said, “The high export figures in three continents reveal that we are an economic power that directs trade and especially the wood sector.”
Stating that the embargo applied to Russia, especially after the tension between Russia and Ukraine, brought Turkey one step forward in matters such as logistics, raw materials and product supply, İsmail Hakkı Yağcızeybek said: “The success of the wood industry in recent years is reflected in our country's economy quite well. The fact that Turkey has a say in many aspects in the wood sector, as it does in many other sectors, reflects positively on the image of Turkish companies. Turkish export products are strongly increasing their weight in world trade. Turkey's geopolitical and strategic location, as well as the coordinated and harmonious action of state institutions and companies, have a great role in this success. The arrival of export records before the end of the year shows that Turkey has grown and will continue to grow in the market, but the important factor here is to make this success sustainable. I hope that we will continue to create more added value for our country by making these achievements sustainable together. Because now the recognition of the quality, design and distribution network of Turkish furniture in the world has increased. We gained a significant advantage by standing out in the supply chain, especially with our performance during the pandemic period. As we continued our rise in the Middle East, we also strengthened in markets such as the USA, Germany, England and France. Turkey has become an intercontinental bridge in wood products.”
Free shipping to Turkey's 81 provinces
Stating that they positioned themselves well in the light of these developments, İsmail Hakkı Yağcızeybek, Chairman of the Board of LSK Holding, said, “As our production is technology-centered, our machinery and equipment investments are always increasing. As our production capacity increases, we aim to create employment for more people. Our efforts to increase our exports in different markets continue unabated. Our investment planning is not only based on exports. We are also expanding our shipping network within the country. For example, we offer free shipping to 81 provinces of Turkey. We closely follow technological and digital developments. In this direction, we have developed an application that shows how our products will stand on the wall or floor, and our customers can see the product they want without visiting our stores and save time. We sell to Africa, the Middle East and Europe. We are moving forward with the aim of carrying forward the intercontinental bridge position assumed by our country, and we continue to take strategic steps to sell our products to the whole world by expanding our distribution and sales network day by day.”
Contact: Tülay Genç | [email protected] | +31 30 799 6022