Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey - 2023

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey (CIF) - 2022
2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey (FOB) - 2022
3. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey
4. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey (CIF) - 2022

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $756 per ton in 2022, shrinking by -14.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 122%. As a result, import price reached the peak level of $1,766 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 ($1,499 per ton), while the price for Bulgaria ($556 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+33.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey (FOB) - 2022

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $1,171 per ton, picking up by 99.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 127% against the previous year. The export price peaked at $2,860 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,631 per ton), while the average price for exports to Iran ($476 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 Russia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey

Imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses into Turkey skyrocketed to 490 tons in 2022, surging by 56% compared with 2021 figures. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses soared to $370K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Turkey in 2022:

1. Bulgaria (235.5 tons)
2. Spain (181.2 tons)
3. France (49.7 tons)
4. Germany (19.0 tons)

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Turkey

In 2022, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses from Turkey shrank to 144 tons, with a decrease of -10.2% compared with 2021 figures. In general, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 673% against the previous year.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses soared to $169K in 2022. Over the period under review, exports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 323% against the previous year.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Turkey in 2022:

1. Spain (83.0 tons)
2. Iran (48.9 tons)
3. Iraq (12.6 tons)

Source: IndexBox Market Intelligence Platform