Turkey - Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey - 2023

Contents:

  1. Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey (CIF) - 2023
  2. Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey (FOB) - 2023
  3. Imports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey
  4. Exports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey

Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey (CIF) - 2023

The average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $1,120 per ton in November 2023, standing approximately at the previous month. Overall, the import price, however, showed a slight contraction. The growth pace was the most rapid in June 2023 an increase of 2.9% against the previous month. Over the period under review, average import prices attained the peak figure at $1,404 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were South Korea ($1,235 per ton) and Belarus ($1,186 per ton), while the price for Egypt ($918 per ton) and Vietnam ($938 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belarus (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey (FOB) - 2023

In November 2023, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $1,122 per ton, picking up by 2.4% against the previous month. Overall, the export price, however, saw a noticeable curtailment. The export price peaked at $1,448 per ton in November 2022; however, from December 2022 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In November 2023, the highest price was recorded for prices to Italy ($1,250 per ton) and the United States ($1,226 per ton), while the average price for exports to Israel ($964 per ton) and Spain ($1,083 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey

In 2022, the amount of polyester tow and staple, not carded, combed or otherwise processed for spinning imported into Turkey reduced to 219K tons, which is down by -1.6% compared with the year before. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, imports reached the peak of 222K tons, and then shrank modestly in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning soared to $335M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia69.549.968.681.95.6%
China48.120.026.768.812.7%
South Korea25.026.734.644.421.1%
India16.419.454.340.535.2%
Egypt22.312.135.121.4-1.4%
Taiwan (Chinese)14.513.118.621.113.3%
Vietnam29.99.75.711.9-26.4%
Belarus12.911.212.63.2-37.2%
Others29.922.931.942.412.3%
Total2691852883357.6%

Top Suppliers of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning to Turkey in 2022:

  1. Malaysia (55.9K tons)
  2. China (46.0K tons)
  3. India (28.2K tons)
  4. South Korea (25.7K tons)
  5. Egypt (15.9K tons)
  6. Taiwan (Chinese) (10.1K tons)
  7. Vietnam (8.2K tons)
  8. Belarus (2.2K tons)

Exports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey

In 2022, after three years of growth, there was decline in overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning, when their volume decreased by -2.9% to 158K tons. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 132%.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning soared to $233M in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 105% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.012.423.041.9103.1%
Italy5.814.032.441.091.9%
Spain3.38.428.638.9127.6%
Israel0.28.020.118.5352.3%
Slovenia3.31.76.517.173.0%
Poland1.76.713.013.197.5%
United States1.94.95.311.883.8%
France1.96.910.18.967.3%
Belgium4.23.25.35.610.1%
Russia0.22.46.55.6203.7%
Finland0.23.88.04.9190.4%
North Macedonia4.03.74.64.97.0%
UkraineN/AN/A0.34.51400.0%
Others20.617.828.716.4-7.3%
Total52.593.819223364.3%

Top Export Markets for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning from Turkey in 2022:

  1. Germany (27.7K tons)
  2. Spain (26.9K tons)
  3. Italy (26.7K tons)
  4. Israel (13.1K tons)
  5. Slovenia (11.2K tons)
  6. Poland (9.0K tons)
  7. United States (7.6K tons)
  8. France (5.9K tons)
  9. Belgium (4.0K tons)
  10. Russia (4.0K tons)
  11. North Macedonia (3.7K tons)
  12. Finland (3.4K tons)
  13. Ukraine (2.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyester tow and staple, not carded, combed or otherwise processed for spinning 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 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning

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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