Price for Textiles; Worn Clothing and Other Worn Articles in Turkey - 2024
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Turkey (FOB) - 2024
- Price for Textiles; Worn Clothing and Other Worn Articles in Turkey (CIF) - 2022
- Exports of Textiles; Worn Clothing and Other Worn Articles in Turkey
- Imports of Textiles; Worn Clothing and Other Worn Articles in Turkey
Price for Textiles; Worn Clothing and Other Worn Articles in Turkey (FOB) - 2024
In January 2024, the average export price for textiles; worn clothing and other worn articleses amounted to $930 per ton, growing by 16% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Georgia ($2,231 per ton), while the average price for exports to Pakistan ($239 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Turkey (CIF) - 2022
The average import price for textiles; worn clothing and other worn articleses stood at $649 per ton in 2022, increasing by 29% against the previous year. In general, the import price, however, saw a pronounced curtailment. Over the period under review, average import prices hit record highs at $921 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($893 per ton), while the price for France ($458 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textiles; Worn Clothing and Other Worn Articles in Turkey
In 2022, approx. 89K tons of textiles; worn clothing and other worn articleses were exported from Turkey; with an increase of 2.8% compared with 2021. In general, exports, however, saw a deep downturn.
In value terms, exports of textiles; worn clothing and other worn articleses soared to $62M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Textiles; Worn Clothing and Other Worn Articles in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 2.1 | 4.4 | 6.1 | 9.8 | 67.1% |
| Georgia | 5.3 | 3.8 | 5.9 | 6.9 | 9.2% |
| Chile | 2.4 | 3.2 | 3.0 | 3.9 | 17.6% |
| Pakistan | 1.3 | 2.4 | 3.0 | 3.0 | 32.1% |
| Congo | 3.2 | 3.6 | 4.2 | 3.0 | -2.1% |
| Zambia | 2.1 | 2.0 | 1.8 | 2.4 | 4.6% |
| United Arab Emirates | 4.9 | 4.5 | 2.2 | 2.3 | -22.3% |
| Lebanon | 0.8 | 1.3 | 1.1 | 1.9 | 33.4% |
| India | 0.4 | 1.8 | 1.4 | 1.4 | 51.8% |
| Jordan | 0.7 | 1.0 | 1.6 | 1.4 | 26.0% |
| Angola | 0.4 | 0.4 | 0.5 | 1.1 | 40.1% |
| Syrian Arab Republic | 14.5 | 3.9 | 0.6 | 0.9 | -60.4% |
| South Africa | N/A | 0.2 | 0.3 | 0.8 | 100.0% |
| Others | 16.3 | 19.7 | 21.3 | 23.3 | 12.6% |
| Total | 54.4 | 52.1 | 53.1 | 62.2 | 4.6% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Turkey in 2022:
- Iraq (16.2K tons)
- Pakistan (12.6K tons)
- India (6.6K tons)
- Congo (5.6K tons)
- United Arab Emirates (5.5K tons)
- Georgia (4.1K tons)
- Lebanon (3.6K tons)
- Syrian Arab Republic (2.7K tons)
- Zambia (2.6K tons)
- Jordan (2.3K tons)
- South Africa (2.2K tons)
- Angola (2.1K tons)
- Chile (2.1K tons)
Imports of Textiles; Worn Clothing and Other Worn Articles in Turkey
In 2022, after two years of decline, there was significant growth in purchases abroad of textiles; worn clothing and other worn articleses, when their volume increased by 32% to 73K tons. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of textiles; worn clothing and other worn articleses soared to $48M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +80.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Textiles; Worn Clothing and Other Worn Articles in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.6 | 10.7 | 12.2 | 18.7 | 11.2% |
| Belgium | 5.5 | 3.7 | 4.4 | 10.1 | 22.5% |
| United Kingdom | 1.8 | 0.8 | 0.1 | 4.5 | 35.7% |
| Netherlands | 4.6 | 4.7 | 5.0 | 3.9 | -5.4% |
| Portugal | 0.5 | 1.3 | 1.4 | 1.9 | 56.0% |
| France | 0.2 | N/A | 0.3 | 1.6 | 100.0% |
| Greece | 0.2 | 0.2 | 0.5 | 1.1 | 76.5% |
| Italy | 0.8 | 0.1 | 0.3 | 0.7 | -4.4% |
| Austria | 1.1 | 0.7 | 0.4 | 0.7 | -14.0% |
| Spain | 1.0 | 0.6 | 0.6 | 0.7 | -11.2% |
| Ukraine | N/A | N/A | N/A | 0.6 | 0% |
| Finland | 0.5 | 0.9 | 1.1 | 0.6 | 6.3% |
| Others | 3.2 | 2.7 | 1.7 | 2.6 | -6.7% |
| Total | 33.0 | 26.4 | 27.9 | 47.6 | 13.0% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Turkey in 2022:
- Germany (29.6K tons)
- Belgium (14.5K tons)
- United Kingdom (5.0K tons)
- Netherlands (4.8K tons)
- France (3.4K tons)
- Portugal (3.2K tons)
- Greece (2.1K tons)
- Spain (1.4K tons)
- Austria (1.3K tons)
- Ukraine (1.2K tons)
- Italy (1.2K tons)
- Finland (1.1K tons)
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