Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey - 2024
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey (CIF) - 2022
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey (FOB) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $4,294 per ton in 2022, with an increase of 8.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $4,634 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,195 per ton), while the price for Bulgaria ($590 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey (FOB) - 2022
In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $1,113 per ton, dropping by -14.6% against the previous year. Overall, the export price showed a deep setback. The growth pace was the most rapid in 2021 an increase of 23%. Over the period under review, the average export prices reached the maximum at $2,810 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($10,000 per ton), while the average price for exports to Iraq ($617 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey
In 2022, approx. 6.6K tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were imported into Turkey; jumping by 49% compared with 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $29M in 2022. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.6 | 5.8 | 8.5 | 8.2 | 7.5% |
| Germany | 3.8 | 2.7 | 3.9 | 8.0 | 28.2% |
| China | 3.1 | 1.4 | 1.6 | 6.1 | 25.3% |
| Portugal | N/A | N/A | 0.2 | 1.3 | 550.0% |
| India | 0.1 | 0.4 | 0.3 | 1.3 | 135.1% |
| United States | 0.3 | 0.1 | 0.2 | 0.8 | 38.7% |
| Thailand | N/A | 0.1 | 0.4 | 0.8 | 182.8% |
| Taiwan (Chinese) | 2.7 | 1.8 | 1.4 | 0.4 | -47.1% |
| Others | 0.7 | 0.8 | 1.2 | 1.8 | 37.0% |
| Total | 17.3 | 13.1 | 17.6 | 28.5 | 18.1% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Turkey in 2022:
- Germany (2056.3 tons)
- Italy (1579.3 tons)
- China (1551.0 tons)
- Portugal (371.6 tons)
- India (313.2 tons)
- Thailand (265.2 tons)
- United States (200.5 tons)
- Taiwan (Chinese) (90.5 tons)
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey
In 2022, approx. 2.4K tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were exported from Turkey; rising by 39% on the previous year. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $2.7M in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 52%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 38.1 | 61.5 | 417 | 768 | 172.2% |
| Czech Republic | 485 | 673 | 830 | 515 | 2.0% |
| Germany | 46.7 | 10.9 | 8.0 | 259 | 77.0% |
| Poland | N/A | N/A | N/A | 183 | 0% |
| United States | 310 | 459 | 399 | 157 | -20.3% |
| Iraq | 57.0 | 27.2 | 78.8 | 156 | 39.9% |
| Azerbaijan | 12.9 | 46.5 | 127 | 80.8 | 84.3% |
| Georgia | 0.3 | 22.8 | 10.6 | 57.3 | 475.9% |
| Morocco | 276 | 18.9 | 80.7 | 2.0 | -80.6% |
| Others | 335 | 174 | 318 | 520 | 15.8% |
| Total | 1,560 | 1,493 | 2,269 | 2,699 | 20.0% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Turkey in 2022:
- Italy (1111.4 tons)
- Czech Republic (376.7 tons)
- Iraq (253.2 tons)
- Germany (166.2 tons)
- Poland (136.4 tons)
- United States (131.5 tons)
- Azerbaijan (41.2 tons)
- Georgia (37.7 tons)
- Morocco (0.7 tons)
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