
Turkey - Paper Hand Towels - Market Analysis, Forecast, Size, Trends And Insights
Paper Hand Towels Price in Turkey Shrinks Slightly to $2,208 per Ton
Turkey Paper Hand Towels Export Price in September 2022
In September 2022, the paper hand towels price amounted to $2,208 per ton (FOB, Turkey), remaining constant against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in May 2022 when the average export price increased by 6.7% against the previous month. Over the period under review, the average export prices attained the maximum at $2,236 per ton in August 2022, and then shrank slightly in the following month.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Poland ($3,213 per ton), while the average price for exports to Morocco ($1,727 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Turkey Paper Hand Towels Exports
In September 2022, approximately 3.1K tons of paper hand towels were exported from Turkey; surging by 9.2% against August 2022. The total export volume increased at an average monthly rate of +3.1% from January 2022 to September 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in February 2022 when exports increased by 32% month-to-month. Over the period under review, the exports hit record highs at 3.3K tons in March 2022; however, from April 2022 to September 2022, the exports stood at a somewhat lower figure.
In value terms, paper hand towels exports totaled $6.9M (IndexBox estimates) in September 2022. The total export value increased at an average monthly rate of +4.9% over the period from January 2022 to September 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in February 2022 when exports increased by 35% month-to-month. Over the period under review, the exports reached the maximum at 6.9K tons in June 2022; afterwards, it flattened through to September 2022.
Turkey Paper Hand Towels Exports by Country
Israel (561 tons), Cyprus (295 tons) and Morocco (267 tons) were the main destinations of paper hand towels exports from Turkey, together comprising 36% of total exports. Georgia, Bulgaria, the UK, Iraq, Maldives, Denmark, Moldova, Sweden, Poland and Turkmenistan lagged somewhat behind, together accounting for a further 36%.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +48.4%), while the other leaders experienced more modest paces of growth.
In value terms, Israel ($1.2M), Cyprus ($633K) and Georgia ($497K) were the largest markets for paper hand towels exported from Turkey worldwide, with a combined 34% share of total exports. Morocco, Bulgaria, Iraq, the UK, Maldives, Poland, Moldova, Denmark, Turkmenistan and Sweden lagged somewhat behind, together accounting for a further 34%.
Denmark, with a CAGR of +42.9%, saw the highest rates of growth with regard to 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.
Factors Affecting Paper Hand Towels Prices
Turkey is a rapidly developing country with a population of over 80 million people. As such, the demand for paper products, including paper hand towels, has increased significantly in recent years. The price of paper hand towels in Turkey varies depending on a number of factors, including quality, brand, and quantity.
The most important factor affecting the price of paper hand towels is quality. There are three main types of paper hand towels available in Turkey: economy, standard, and premium. Economy paper hand towels are the cheapest but are also the lowest quality. Standard paper hand towels are of better quality than economy towels but are still relatively inexpensive. Premium paper hand towels are the highest quality but also the most expensive.
Another factor that affects the price of paper hand towels is brand. Some brands are more well-known and therefore charge more for their products. However, there are many generic brands that offer good quality at a lower price.
This report provides an in-depth analysis of the paper hand towels 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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