Report Update: Apr 1, 2024

Turkey - Noils Of Wool Or Fine Animal Hair - Market Analysis, Forecast, Size, Trends And Insights

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Noils of Wool Price in Turkey - 2023

Noils of Wool Price in Turkey (CIF) - 2022

In 2022, the average noils of wool import price amounted to $6,268 per ton, leveling off at the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 24% against the previous year. The import price peaked at $7,367 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($8,903 per ton), while the price for Uruguay ($5,087 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Noils of Wool Price in Turkey (FOB) - 2022

In 2022, the average noils of wool export price amounted to $3,871 per ton, with a decrease of -23.7% against the previous year. Over the period under review, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 169%. As a result, the export price reached the peak level of $17,215 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($6,100 per ton), while the average price for exports to North Macedonia ($2,612 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 Denmark (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.

Noils of Wool Imports in Turkey

Noils of wool imports into Turkey dropped slightly to 61 tons in 2022, waning by -1.6% compared with 2021. In general, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 125,698% against the previous year. As a result, imports reached the peak of 62 tons, and then fell in the following year.

In value terms, noils of wool imports contracted slightly to $380K in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 125,627%. As a result, imports attained the peak of $386K, and then fell slightly in the following year.

Import of Noils of Wool in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	159	N/A	126	275	20.0%
Uruguay	149	N/A	67.6	99.8	-12.5%
Argentina	N/A	N/A	167	N/A	0%
Others	N/A	0.3	25.3	5.2	316.3%
Total	307	0.3	386	380	7.4%

Top Suppliers of Noils of Wool to Turkey in 2022:

Czech Republic (40.4 tons)
Uruguay (19.6 tons)

Noils of Wool Exports in Turkey

In 2022, the amount of noils of wool or fine animal hair exported from Turkey dropped remarkably to 3.9 tons, waning by -31.9% against the year before. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 350%. As a result, the exports attained the peak of 5.7 tons, and then declined significantly in the following year.

In value terms, noils of wool exports dropped dramatically to $15K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 319%. As a result, the exports attained the peak of $29K, and then plummeted in the following year.

Export of Noils of Wool in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	N/A	N/A	N/A	6.1	0%
Belarus	N/A	N/A	N/A	5.5	0%
Serbia	0.3	1.1	0.6	2.3	97.2%
Norway	0.8	0.3	27.9	0.8	0.0%
North Macedonia	N/A	N/A	0.2	0.3	50.0%
Bulgaria	1.3	1.0	N/A	N/A	-23.1%
Czech Republic	1.3	1.1	N/A	N/A	-15.4%
Others	2.8	3.4	0.2	N/A	-73.3%
Total	6.4	6.9	28.9	15.0	32.8%

Top Export Markets for Noils of Wool from Turkey in 2022:

Belarus (1754.0 kg)
United Kingdom (1003.0 kg)
Serbia (856.0 kg)
Norway (166.0 kg)
North Macedonia (100.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the noils of wool 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 13102300 - Noils of wool or fine animal hair

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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