Price for Braids; in the Piece in Turkey - 2023

Contents:

  1. Price for Braids; in the Piece in Turkey (CIF) - 2022
  2. Price for Braids; in the Piece in Turkey (FOB) - 2022
  3. Imports of Braids; in the Piece in Turkey
  4. Exports of Braids; in the Piece in Turkey

Price for Braids; in the Piece in Turkey (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $12,962 per ton, waning by -31.6% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 54% against the previous year. Over the period under review, average import prices hit record highs at $33,992 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Italy ($80,584 per ton), while the price for China ($3,872 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Braids; in the Piece in Turkey (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $5,715 per ton, waning by -3.4% against the previous year. In general, the export price recorded a perceptible setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 21% against the previous year. The export price peaked at $8,627 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Netherlands ($9,046 per ton), while the average price for exports to Morocco ($3,543 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 Bosnia and Herzegovina (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in Turkey

In 2022, imports of braids; in the pieces into Turkey surged to 308 tons, jumping by 71% on 2021. Over the period under review, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, braids; in the piece imports skyrocketed to $4M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, braids; in piece imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Braids; in the Piece in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47232084591724.8%
Hungary29.3364476908214.1%
France1,473793578796-18.5%
Italy24436426845222.8%
Germany314253204302-1.3%
Spain22313614978.5-29.4%
Others20765489953937.6%
Total2,9632,8843,4183,99410.5%

Top Suppliers of Braids; in the Piece to Turkey in 2022:

  1. China (237.0 tons)
  2. Hungary (23.4 tons)
  3. France (19.0 tons)
  4. Germany (11.6 tons)
  5. Italy (5.6 tons)
  6. Spain (3.7 tons)

Exports of Braids; in the Piece in Turkey

In 2022, overseas shipments of braids; in the pieces increased by 2.3% to 456 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp setback.

In value terms, braids; in the piece exports fell to $2.6M in 2022. In general, exports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 19%. As a result, the exports reached the peak of $4.4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Braids; in the Piece in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine12512476.446554.9%
Netherlands37.434041228396.3%
Bulgaria349515289160-22.9%
Serbia78.812112010610.4%
Russia21927246.2106-21.5%
North Macedonia49.838.752.610126.6%
Azerbaijan13515076.595.9-10.8%
Egypt49.46.318.293.923.9%
Bosnia and Herzegovina15686.615586.9-17.7%
Morocco13913814160.5-24.2%
Turkmenistan7.313.076.058.399.9%
Poland56.513142.055.3-0.7%
Georgia34.469.190.553.916.1%
Others2,3072,4451,041880-27.5%
Total3,7444,4492,6362,607-11.4%

Top Export Markets for Braids; in the Piece from Turkey in 2022:

  1. Ukraine (90.9 tons)
  2. Bulgaria (32.8 tons)
  3. Netherlands (31.3 tons)
  4. Serbia (28.7 tons)
  5. North Macedonia (27.7 tons)
  6. Russia (27.6 tons)
  7. Azerbaijan (19.3 tons)
  8. Morocco (17.1 tons)
  9. Georgia (15.0 tons)
  10. Turkmenistan (14.5 tons)
  11. Egypt (13.3 tons)
  12. Bosnia and Herzegovina (12.7 tons)
  13. Poland (10.4 tons)

Source: IndexBox Market Intelligence Platform

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