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Turkey - Direct Dyes And Preparations Based Thereon - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Direct Dyes And Preparations Based Thereon - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Apr 4, 2024

Turkey Experiences a Sharp Decrease in Direct Dye Exports, Dropping to $8.7M in 2023

Turkey Direct Dye Exports

In 2023, after six years of growth, there was significant decline in shipments abroad of direct dyes and preparations based thereon, when their volume decreased by -28.3% to 3.4K tons. Overall, exports, however, saw strong growth. The growth pace was the most rapid in 2018 with an increase of 98% against the previous year. Over the period under review, the exports hit record highs at 4.7K tons in 2022, and then fell markedly in the following year.

In value terms, direct dye exports dropped sharply to $8.7M (IndexBox estimates) in 2023. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 83%. The exports peaked at $12M in 2022, and then dropped significantly in the following year.Turkey Direct Dye Exports By Country (Thousand USD)

COUNTRYExport Value of Direct Dye in Turkey (thousand USD)
20132014201520162017201820192020202120222023
Uzbekistan2761753505557631,2611,1471,5182,0501,8721,754
Egypt18497.71192924981,6411,4358762,1052,7261,716
Iran58.92923294873746663,0421,8291,5082,1031,193
NetherlandsN/AN/A12.46.20.7N/A13.73990.1354633
United KingdomN/AN/AN/AN/A4.2423446380607607403
United Arab Emirates8451,04547233515854.927.566.7488510350
India56.3190195358457583721637539365347
Azerbaijan2.4N/A41.27.036.411728.1225134158248
OmanN/AN/AN/AN/AN/AN/AN/AN/A108175213
Morocco0.461.968.142.922.517.232.041.897.1197194
Bangladesh20.71.47.42.112.373.092.7185524959172
QatarN/A0.3N/AN/A17.912915127.912019097.1
CanadaN/AN/AN/AN/AN/AN/AN/A32.350047954.1
Others2,3962,3601,9791,5881,1051,3371,1201,2751,3401,6361,298
Total3,8404,2243,5733,6733,4496,3028,2567,49310,12012,3318,670

Exports by Country

Egypt (827 tons), Iran (530 tons) and Uzbekistan (403 tons) were the main destinations of direct dye exports from Turkey, with a combined 52% share of total exports. the United Arab Emirates, the UK, the Netherlands, Oman, Azerbaijan, Morocco, Bangladesh, Qatar, India and Canada lagged somewhat behind, together accounting for a further 38%.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +132.4%), while the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($1.8M), Egypt ($1.7M) and Iran ($1.2M) were the largest markets for direct dye exported from Turkey worldwide, together accounting for 54% of total exports. the Netherlands, the UK, the United Arab Emirates, India, Azerbaijan, Oman, Morocco, Bangladesh, Qatar and Canada lagged somewhat behind, together comprising a further 31%.

the UK, with a CAGR of +114.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the direct dye price amounted to $2,576 per ton (FOB, Turkey), declining by -1.9% against the previous year. In general, the export price showed a perceptible decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 19%. As a result, the export price attained the peak level of $3,885 per ton. From 2015 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($7,014 per ton), while the average price for exports to Oman ($1,331 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the direct dye 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 20122140 - Direct dyes and preparations based thereon

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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