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Turkey - Artificial Filament Tow - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Jan 9, 2023
Artificial Filament Tow Price in Turkey Increases Slightly to $4,677 per Ton
Turkey Artificial Filament Tow Import Price in September 2022
In September 2022, the artificial filament tow price stood at $4,677 per ton (CIF, Turkey), rising by 1.5% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in May 2022 an increase of 8.5% against the previous month. As a result, import price attained the peak level of $4,746 per ton; afterwards, it flattened through to September 2022.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the countries with the highest prices were Japan ($5,213 per ton) and the United States ($5,010 per ton), while the price for South Korea ($4,150 per ton) and Belgium ($4,506 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Turkey Artificial Filament Tow Imports
In September 2022, approximately 3.2K tons of artificial filament tow were imported into Turkey; with an increase of 81% against the previous month. Overall, total imports indicated buoyant growth from January 2022 to September 2022: its volume increased at an average monthly rate of +10.0% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +85.4% against June 2022 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, artificial filament tow imports surged to $15M (IndexBox estimates) in September 2022. Over the period under review, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Turkey Artificial Filament Tow Imports by Country
Belgium (1.2K tons), Japan (899 tons) and South Korea (560 tons) were the main suppliers of artificial filament tow imports to Turkey, together comprising 83% of total imports.
From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +33.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest artificial filament tow suppliers to Turkey were Belgium ($5.4M), Japan ($4.7M) and South Korea ($2.3M), with a combined 83% share of total imports.
Japan, with a CAGR of +34.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Factors Affecting Artificial Filament Tow Prices
Artificial filament tow is a type of synthetic fiber that is used in the production of textiles. It is made from a variety of materials, including polyester, nylon, and acrylic. Filament tow is typically used in the production of fabrics such as corduroy, velveteen, and denim.
Turkey is one of the leading producers of artificial filament tow. The majority of Turkey's artificial filament tow output is exported to other countries in Europe and Asia.
Factors that can affect the price of artificial filament tow include raw material costs, currency exchange rates, and global demand. For example, an increase in the price of petroleum-based raw materials would likely lead to an increase in the price of polyester filament tow. Similarly, a weakening of the US dollar relative to other currencies would make US-produced artificial filament tow more expensive for foreign buyers. Lastly, increased global demand for textile products could lead to higher prices for all types of artificial filament.
This report provides an in-depth analysis of the artificial filament tow market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 20602120 - Artificial filament tow and staple fibres (not carded, combed or otherwise processed for spinning), of viscose rayon
• Prodcom 20602140 - Artificial filament tow, of acetate
• Prodcom 20602190 - Other artificial filament tow and staple fibres (not carded, c ombed or otherwise processed for spinning)
Country coverage:
• Turkey
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Turkey
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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