Turkey - Silk Yarn And Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilk Yarn Price in Turkey - 2023
Contents:
- Silk Yarn Price in Turkey (CIF) - 2023
- Silk Yarn Price in Turkey (FOB) - 2022
- Silk Yarn Imports in Turkey
- Silk Yarn Exports in Turkey
Silk Yarn Price in Turkey (CIF) - 2023
The average silk yarn import price stood at $102K per ton in September 2023, with an increase of 42% against the previous month. Over the period under review, import price indicated a modest expansion from September 2022 to September 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, silk yarn import price increased by +41.7% against August 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 64% month-to-month. The import price peaked at $124K per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($112K per ton), while the price for Italy ($91,527 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Silk Yarn Price in Turkey (FOB) - 2022
The average silk yarn export price stood at $6,635 per ton in 2022, falling by -14.2% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 75% against the previous year. As a result, the export price reached the peak level of $27,157 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($19,917 per ton), while the average price for exports to Libya ($4,033 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 Burkina Faso (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Silk Yarn Imports in Turkey
In 2022, after two years of decline, there was significant growth in purchases abroad of silk yarn and yarn spun from silk waste, when their volume increased by 50% to 62 tons. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, silk yarn imports soared to $4.1M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +66.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silk Yarn in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,373 | 1,438 | 1,169 | 2,082 | -4.3% |
| Thailand | 372 | 453 | 964 | 1,158 | 46.0% |
| Italy | 231 | 478 | 798 | 800 | 51.3% |
| Vietnam | 198 | N/A | 45.6 | 34.5 | -44.1% |
| Others | 74.7 | 79.9 | 26.3 | 7.4 | -53.7% |
| Total | 3,249 | 2,449 | 3,003 | 4,081 | 7.9% |
Top Suppliers of Silk Yarn to Turkey in 2022:
- China (37.0 tons)
- Thailand (12.5 tons)
- Italy (10.7 tons)
- Vietnam (0.9 tons)
Silk Yarn Exports in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of silk yarn and yarn spun from silk waste, which increased by 63% to 43 tons in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, silk yarn exports surged to $285K in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 94%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Silk Yarn in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 4.5 | N/A | 24.6 | 66.5 | 145.4% |
| Iran | 3.4 | 33.0 | 7.6 | 35.4 | 118.4% |
| Tajikistan | 7.9 | 3.9 | 4.3 | 27.5 | 51.6% |
| Burkina Faso | N/A | 0.1 | N/A | 20.6 | 1335.3% |
| South Korea | N/A | N/A | 4.2 | 13.0 | 209.5% |
| Tunisia | 1.7 | 6.9 | 8.0 | 10.1 | 81.1% |
| Turkmenistan | 3.1 | 3.8 | 0.4 | 7.8 | 36.0% |
| Algeria | N/A | 25.3 | 3.5 | 7.2 | -46.7% |
| Iraq | 33.6 | 6.4 | 10.1 | 2.1 | -60.3% |
| Kazakhstan | 8.4 | 1.3 | 2.3 | 0.3 | -67.1% |
| Jordan | N/A | 11.2 | N/A | 0.3 | -83.6% |
| Denmark | N/A | N/A | 44.1 | 0.2 | -99.5% |
| Others | 46.2 | 13.7 | 95.1 | 94.3 | 26.8% |
| Total | 109 | 106 | 204 | 285 | 37.8% |
Top Export Markets for Silk Yarn from Turkey in 2022:
- Denmark (undefined tons)
- Jordan (undefined tons)
- Libya (16.5 tons)
- Tajikistan (5.4 tons)
- Iran (4.8 tons)
- Burkina Faso (2.9 tons)
- Tunisia (1.9 tons)
- South Korea (1.3 tons)
- Turkmenistan (1.2 tons)
- Algeria (1.1 tons)
- Iraq (0.3 tons)
- Kazakhstan (0.1 tons)
This report provides an in-depth analysis of the silk yarn 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 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)
- Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.
- Prodcom 13104050 - Silk yarn and silk waste yarn, p.r.s., silk-worm gut
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the silk yarn market in Turkey.
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This report provides an in-depth analysis of the silk yarn market in Turkey.
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This report provides an in-depth analysis of the global silk yarn market.
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This report provides an in-depth analysis of the global silk yarn market.
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This report provides an in-depth analysis of the silk yarn market in Turkey.
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This report provides an in-depth analysis of the silk yarn market in Turkey.
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This report provides an in-depth analysis of the global silk yarn market.
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This report provides an in-depth analysis of the global silk yarn market.
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The growth of Silk Yarn was most significant in July 2023, with a month-to-month increase of 528%. The value of silk yarn imports decreased rapidly to $448K in November 2023.
681
In value terms, silk waste imports amounted to $X in 2016. Overall, silk waste imports continue to indicate a relatively flat trend pattern. Over the period under review, global silk waste imports a...
1151
In value terms, silk yarn and yarn spun from silk waste imports totaled $X in 2016. Overall, silk yarn and yarn spun from silk waste imports continue to indicate a drastic drop. Over the period unde...
1346
In value terms, silk waste exports totaled $X in 2016. Overall, silk waste exports continue to indicate a relatively flat trend pattern. Global silk waste export peaked of $X in 2014; however, fro...
712
In value terms, silk yarn and yarn spun from silk waste exports stood at $X in 2016. Overall, silk yarn and yarn spun from silk waste exports continue to indicate a drastic deduction. In that year,...
974
In 2016, the amount of silk yarn imported worldwide amounted to X tons, reducing by -X% against the previous year level. In general, silk yarn imports continue to indicate a deep downturn. The...
618
In 2016, the amount of silk yarn imported worldwide amounted to X tons, reducing by -X% against the previous year level. In general, silk yarn imports continue to indicate a deep downturn. The...
160
The growth of Silk Yarn was most significant in July 2023, with a month-to-month increase of 528%. The value of silk yarn imports decreased rapidly to $448K in November 2023.
681
In value terms, silk waste imports amounted to $X in 2016. Overall, silk waste imports continue to indicate a relatively flat trend pattern. Over the period under review, global silk waste imports a...
1151
In value terms, silk yarn and yarn spun from silk waste imports totaled $X in 2016. Overall, silk yarn and yarn spun from silk waste imports continue to indicate a drastic drop. Over the period unde...
