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1

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

9th International Woodfiber Resource and Trade Conference

Outlook For The Turkish Wood Panel Industry & Outlook For Woodchip Demand

Presented by : Hale SAYINER

Foreign Trade Manager of Kastamonu Entegre – Turkey

hsayiner@keas.com.tr

www.keas.com.tr

2

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

3

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Danang City4

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

OUTLINE

ECONOMIC AND DEMOGRAPHIC OUTLOOK OF TURKEYTHE FOREST INVENTORY OF TURKEY

GLOBAL AND TURKISH WOOD BASED PANEL INDUSTRYGENERAL VIEW TO THE TURKISH WOODCHIP MARKET

HAYAT HOLDINGKASTAMONU ENTEGRE

5

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Rumeli Fortress6

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Bosphorus7

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Istanbul Historical Peninsula8

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Galata Tower9

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Maiden Tower10

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Travertines At Pamukkale11

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Balloon Tour In Cappadocia Fairy Chimneys12

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

ECONOMIC AND DEMOGRAPHIC FIGURES OF TURKEY

13

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

50,2% of the population is 

MALE

THE DEMOGRAPHIC SPLIT

49,8% of the population isFEMALE

The population of TURKEY is 

around 79 Million

92,1% of the population live in province anddistrict centers7,9% in small town andvillages

Source : TURKSTATS, Undersecretariat of Treasury 14

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

YOUNGEST POPULATION IN EUROPE

TURKEY EUROPE

30 43

AVERAGE AGE

Source : TURKSTATS, Undersecretariat of Treasury 15

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

WORLD’S BIGGEST ECONOMIES

GDP Nominal Million Dollar, (2015)Source: World Bank

583,169 646,002 664,738 718,221 752,547 861,934 1,144,331 1,199,057 1,326,015 1,339,539 1,377,873 1,550,537 1,774,725 1,814,763 2,073,543 2,421,682 2,848,755 

3,355,772 4,123,258 

10,866,444 17,946,996 

ArgentinaSaudi ArabiaSwitzerland

TurkeyNetherlands

IndonesiaMexicoSpain

Russian FederationAustralia

Korea, Rep.CanadaBrazilItalyIndia

FranceUnited Kingdom

GermanyJapanChina

United States

Nr. 18

16

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

EUROPE’S BIGGEST ECONOMIES

GDP Nominal, Million Dollar, 2015Source: World Bank

492,618   

664,738   

718,221   

752,547   

1,199,057   

1,814,763   

2,421,682   

2,848,755   

3,355,772   

Sweden

Switzerland

Turkey

Netherlands

Spain

Italy

France

United Kingdom

Germany

Nr. 7

17

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

GDP PER CAPITA OF TURKEY

GDP Per Capita, Nominal, Dollar 2015Source: World Bank

10,002    10,438    10,490    10,821    10,381   9,437   

 ‐

 2,000

 4,000

 6,000

 8,000

 10,000

 12,000

2010 2011 2012 2013 2014 2015

18

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

GDP GROWTH RATE OF TURKEY (Annual Average)

GDP Growth Rate AnnualSource : World Bank

9.2 8.8

2.1

4.23,0

4,0 3.9 4.45,0 5,0

0

1

2

3

4

5

6

7

8

9

10

2010 2011 2012 2013 2014 2015 2016 2017 F 2018 F 2019 F

%

19

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

THE FOREST INVENTORY OF TURKEY

20

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

FOREST MAP OF TURKEY

Source : Ministry of Forestry And Water Affairs

21

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

NATIONAL FOREST LAND OF TURKEY

Million Hectares

Years

Source : Ministry of Forestry And Water Affairs

22

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

FOREST INVENTORY OF TURKEY BY YEARS

Billion m3

Years

Source : Ministry of Forestry And Water Affairs

23

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

FOREST INVENTORY ANNUAL INCREMENT OF TURKEY BY YEARS

Source : Ministry of Forestry And Water Affairs

Million m3

Years

24

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

TREE TYPES IN TURKEY

Source : Ministry of Forestry And Water Affairs

25

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

WOOD BASED PANEL MARKET ANALYSIS

26

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

TURKEY 5,80%

GLOBAL SECTOR ANALYSIS

Source : FAOSTAT (MDF+PB+OSB)

CAGR 4,81%

27

0

50,000,000

100,000,000

150,000,000

200,000,000

250,000,000

2009  2010  2011  2012  2013  2014  2015

m3

Production (m3) Import (m3) Export (m3) Net Consumption

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

TURKEY 5,80%

GLOBAL SECTOR ANALYSIS

28

MDF92,300,000 m3

46%

PB83,700,000 m3

42%

OSB25,200,000 m3

12%

Wood Based Panel Consumption

MDF PB OSBSource : FAOSTAT, m3

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

DISTRIBUTION CHART OF GLOBAL WOOD BASED PANEL PRODUCTION 2015 (MDF, PB, OSB)

KASTAMONU ENTEGRE

2,4%

TURKEY4,5%

Source : FAOSTAT

29

China38%

Asia Without China11%

Europe29%

America20%

Oceania1%

Africa1%

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

TURKEY 5,80%

Global Wood Based Panel Production ( MDF, PB, OSB)

0 10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 80,000,000 90,000,000

China

United States of America

Canada

Turkey

Russian Federation

Germany

Poland

Brazil

Thailand

Romania

m3

ChinaUnitedStates ofAmerica

Canada Turkey RussianFederation Germany Poland Brazil Thailand Romania

 2015 77,435,000 18,885,865 9,766,000 9,213,000 8,748,289 8,244,152 8,000,000 7,826,000 4,770,000 4,281,000 2014 77,352,000 18,642,490 9,436,000 9,385,000 8,428,289 8,311,160 7,877,564 7,861,000 4,770,000 4,157,000 2013 72,795,000 18,128,830 8,779,433 8,585,000 7,766,000 8,259,796 7,630,339 7,746,000 4,770,000 4,144,000

TOP 10 COUNTRIES

Source : FAOSTAT 30

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

GERMANY, 25%

TURKEY, 10%

CHINA, 26%

USA, 9%

RUSSIA, 6%

BELGIUM, 4%

AUSTRIA, 4%

POLAND, 4%SWITZERLAND, 2% OTHERS, 10%

GLOBAL LAMINATED FLOORING MARKET 2015

KASTAMONU

ENTEGRE

6%

Source : Munksjö 31

TOTAL

PRODUCTION

960 MIO m2

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

WOOD BASED PANEL TURKISH MARKET ANALYSIS AND TRENDS

32

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

2010 2011 2012 2013 2014 2015MDF 3,265,000 3,570,000 3,900,000 4,285,000 4,885,000 4,777,000PB 3,100,000 3,620,000 3,950,000 4,300,000 4,500,000 4,436,000TOTAL 6,365,000 7,190,000 7,850,000 8,585,000 9,385,000 9,213,000

 ‐

 1,000,000

 2,000,000

 3,000,000

 4,000,000

 5,000,000

 6,000,000

 7,000,000

 8,000,000

 9,000,000

 10,000,000m3

TURKISH MARKET ANALYSIS AND TRENDSMDF, PB

CAGR 7,68%

Source : FAOSTAT 33

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

POLAND3,15

POLAND3,15

WOOD BASED PANEL PRODUCTION CAPACITY RANKING OF EUROPE

Source : FAOSTAT

RUSSIA75

RUSSIA75

TURKEY5,10

TURKEY5,10

GERMANY5,52

GERMANY5,52

RUSSIA6,64

RUSSIA6,64

PARTICLE BOARD

Million m3 / year

PARTICLE BOARD

Million m3 / year

GERMANY4,09

GERMANY4,09

TURKEY5,14

TURKEY5,14

MDFMillion m3 / year

MDFMillion m3 / year

TURKEY110

TURKEY110

GERMANY272

GERMANY272

LAMINATED FLOORING

Million m2 / year

LAMINATED FLOORING

Million m2 / year

1

2

3

1

2

1

2

33

34

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

USA3

USA3

GERMANY4,09

GERMANY4,09

BRAZIL4,39

BRAZIL4,39

GLOBAL WOOD BASED PANEL PRODUCTION CAPACITY RANKING

Source : FAOSTAT

TURKEY5,14

TURKEY5,14

CHINA56,82

CHINA56,82

MDFMillion m3 / year

MDFMillion m3 / year

1

3

4

5TURKEY

5,10TURKEY

5,10

GERMANY5,52

GERMANY5,52

RUSSIA6,64

RUSSIA6,64

USA7,43USA7,43

CHINA10,09

CHINA10,09

PARTICLE BOARD

Million m3 / year

PARTICLE BOARD

Million m3 / year

1

2

3

4

5 BRAZIL6

BRAZIL6

RUSSIA75

RUSSIA75

TURKEY110

TURKEY110

CHINA222

CHINA222

GERMANY272

GERMANY272

LAMINATEDFLOORING

Million m2 / year

LAMINATEDFLOORING

Million m2 / year

1

2

3

4

5

2

35

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

CONSUMPTION CHART OF TURKISH WOOD BASED PANEL INDUSTRY

Source : FAO, 2015, m3 36

Particleboard; 4,361,000    ; 46%

MDF;3,807,000    ; 40%

Laminate Flooring;880,000    ; 9%

OSB; 348,000    ; 4%

Doorskin;90,000    ; 1%

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

TURKISH WOODCHIP MARKET

37

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

WOODCHIP & ROUNDWOOD IMPORT TO TURKEY

Source : TURKSTATS, Undersecretariat of Treasury 38

2012 2013 2014 2015 2016 (First 9months)

Soft 1,866,343 1,371,760 1,293,776 1,998,347 1,186,432Hard 1,122,815 678,132 992,906 1,130,338 737,576Round Wood 124,650 20,519 6,826 29,322 26,661

 ‐

 500,000

 1,000,000

 1,500,000

 2,000,000

 2,500,000

 3,000,000

 3,500,000

Ton

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

HARD WOODCHIP IMPORTS TO TURKEY

Source : TURKSTATS, Undersecretariat of Treasury

 ‐

 100,000

 200,000

 300,000

 400,000

 500,000

 600,000

 700,000

 800,000

Bulgaria Ukraine Canada Brazil Latvia Romania Germany USA Others

Ton

2012 2013 2014 2015 2016 (First 9 months)

39

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

SOFT WOODCHIP IMPORTS TO TURKEY

Source : TURKSTATS, Undersecretariat of Treasury

 ‐

 200,000

 400,000

 600,000

 800,000

 1,000,000

 1,200,000

 1,400,000

 1,600,000

USA Canada Venezuela Brazil Lithuanian Latvia Spain Others

Ton

2012 2013 2014 2015 2016 (First 9 months)

40

4141

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

HAYAT HOLDINGBOTH GROUPS AIM TO BE A GLOBAL POWER

5.45million m² total area, 1.27 million m² closed area3.4 billion Euro total assets, 2.2 billion Euro turnover

14.000 employees

40 Companies27 Factories32 Brands

42

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

43

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

HAYAT KIMYA CATEGORIES & BRANDS

FABRIC&HOME CARE TISSUE&TOWELHYGIENE CARE

WASHING CLEANERDISHWASHING DETERGENTSURFACE CLEANER

BABY DIAPER

WET TOWEL

HYGIENIC PED

ADULT DIAPER

PATIENT PROTECTIVE COVER

TOILET TISSUEKITCHEN TOWELNAPKINHANDKERCHIEFFACIAL TISSUEWET TOWEL

44

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

45

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

OVERVIEW TO WOOD INDUSTRY

The first and only company in theindustry investing abroad in Turkey, 11 Locations, 16 Factories, 6 countries

70 million m²/year Laminate Flooring,5 million m³/year Wood Based Panel,19,5 million pieces/year Doorskin,500.000 mt/year Woodchips

5.500 Employees,915.000 m² Indoor Area,3,9 million m² Outdoor Area,Export to 93 countries

2 Billion EUR Asset Size,1 Billion EUR in Net Sales

PRODUCTION LOCATIONS ANNUAL BASIS PRODUCTION CAPACITY

FACTS & FIGURES ASSET & TURNOVER

DAILY PRODUCTION CAPACITY

Despite we are among top 4 in MDF,particle board, laminate flooring, doorskin production, since we do notproduce OSB, we are ranking 7th in theWorld.

RANKING

15.000 m³ / day

X 500 / day

46

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

Laminate Flooring

WE PRODUCE EVERY DAY

Interior Door PanelsPanels for Furniture

FOR 3.000HOUSES

47

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

PARTICLE BOARDMDF

PRODUCT GROUPS AND BRANDS

LAMINATE FLOORING DOORSKIN WORKTOPS

HIGH GLOSS BOARDS

48

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

17.6

7.8 7.4 7.2

5.6 5.4 5.04.1

3.6 3.6 3.3 3.1 2.8 2.7

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

million m³/y

ear

WORLDWIDE RANKING WOOD BASED PANEL (MDF+PB+OSB)

Nr. 7

49

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

17.1

7.2

5.65.0

3.3 2.8 2.5 2.2 2.1 1.7 1.7 1.5 1.4 1.1 1.0 0.9

0

2

4

6

8

10

12

14

16

18

million  m

³/year

EUROPEAN RANKING WOOD BASED PANEL (MDF+PB+OSB)

Nr. 4

50

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

8075

19.5

9 9 7 6 5 3 10

10

20

30

40

50

60

70

80

90

MIillion Pieces Per Year

WORLDWIDE RANKING (DOORSKIN)

Nr. 3

51

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

20 19.5

9 9 9

0

5

10

15

20

25

MASONITE KASTAMONU ENTEGRE JELD‐WEN TEVERPAN ‐ TR YILDIZ ENTEGRE ‐ TR

Million Pieces Per Year

EUROPEAN RANKING (DOORSKIN)

Nr. 2

52

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

160

130

7065

60 60

0

20

40

60

80

100

120

140

160

180

KRONOSPAN SWISS KRONO CLASSEN KASTAMONU ENTEGRE EGGER MOHAWK/UNILIN

MIillion M2  Per Year

WORLDWIDE RANKING (LAMINATED FLOORING)

Nr. 4

53

GLOBAL PLAYEROF THE WOOD BASED PANEL INDUSTRY

AĞAÇ BAZLI PANEL SEKTÖRÜNÜNGLOBAL OYUNCUSU

130

110

7065

60

30

0

20

40

60

80

100

120

140

KRONOSPAN SWISS KRONO CLASSEN KASTAMONU ENTEGRE EGGER MOHAWK/UNILIN

Millionm2/year

EUROPEAN RANKING (LAMINATED FLOORING)

Nr. 4

54

THANK YOU

55

THANK YOU

5556

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