Turkey - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSynthetic Yarn Price in Turkey - 2023
Contents:
- Synthetic Yarn Price in Turkey (FOB) - 2023
- Synthetic Yarn Price in Turkey (CIF) - 2023
- Synthetic Yarn Exports in Turkey
- Synthetic Yarn Imports in Turkey
Synthetic Yarn Price in Turkey (FOB) - 2023
In July 2023, the average synthetic yarn export price amounted to $6,031 per ton, growing by 1.6% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 2.3% against the previous month. Over the period under review, the average export prices attained the peak figure at $6,144 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($9,119 per ton), while the average price for exports to Uzbekistan ($2,997 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Yarn Price in Turkey (CIF) - 2023
The average synthetic yarn import price stood at $3,169 per ton in July 2023, surging by 2.4% against the previous month. In general, the import price, however, showed a pronounced reduction. The growth pace was the most rapid in February 2023 when the average import price increased by 4.7% m-o-m. The import price peaked at $4,044 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($3,619 per ton), while the price for Nepal ($2,395 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-1.8%), while the prices for the other major suppliers experienced a decline.
Synthetic Yarn Exports in Turkey
Synthetic yarn exports from Turkey reduced modestly to 126K tons in 2022, with a decrease of -3.2% compared with 2021 figures. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports reached the peak of 131K tons, and then declined in the following year.
In value terms, synthetic yarn exports expanded sharply to $759M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Synthetic Yarn in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 79.6 | 58.1 | 107 | 115 | 13.0% |
| United States | 45.5 | 76.8 | 97.7 | 83.8 | 22.6% |
| Spain | 19.3 | 16.9 | 50.0 | 62.6 | 48.0% |
| Russia | 29.2 | 27.2 | 40.8 | 45.1 | 15.6% |
| Belarus | 25.8 | 19.3 | 32.0 | 45.0 | 20.4% |
| United Kingdom | 36.5 | 44.1 | 56.3 | 37.4 | 0.8% |
| Germany | 19.8 | 19.6 | 29.5 | 33.3 | 18.9% |
| Iran | 21.0 | 6.1 | 27.4 | 32.5 | 15.7% |
| Uzbekistan | 10.8 | 14.9 | 24.4 | 27.0 | 35.7% |
| Georgia | 0.8 | 0.3 | 0.3 | 22.8 | 205.5% |
| Egypt | 16.6 | 18.1 | 24.3 | 21.0 | 8.2% |
| Austria | 2.8 | 2.8 | 15.9 | 20.3 | 93.5% |
| Ukraine | 8.2 | 6.3 | 7.2 | 13.6 | 18.4% |
| Others | 165 | 143 | 204 | 200 | 6.6% |
| Total | 481 | 453 | 718 | 759 | 16.4% |
Top Export Markets for Synthetic Yarn from Turkey in 2022:
- Italy (19.2K tons)
- United States (10.4K tons)
- Russia (9.0K tons)
- Spain (8.7K tons)
- Belarus (7.2K tons)
- Uzbekistan (6.5K tons)
- Egypt (6.1K tons)
- Iran (5.7K tons)
- United Kingdom (5.3K tons)
- Germany (4.1K tons)
- Georgia (3.7K tons)
- Ukraine (2.9K tons)
- Austria (2.7K tons)
Synthetic Yarn Imports in Turkey
Synthetic yarn imports into Turkey surged to 142K tons in 2022, picking up by 29% against the previous year. Overall, imports, however, recorded a abrupt setback.
In value terms, synthetic yarn imports soared to $519M in 2022. Over the period under review, imports saw a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Synthetic Yarn in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 122 | 79.2 | 107 | 205 | 18.9% |
| Indonesia | 176 | 71.5 | 94.5 | 107 | -15.3% |
| China | 24.1 | 22.7 | 31.9 | 64.8 | 39.1% |
| Egypt | 27.8 | 25.9 | 35.4 | 56.4 | 26.6% |
| Nepal | 26.2 | 13.9 | 15.9 | 30.5 | 5.2% |
| Bulgaria | 5.9 | 5.0 | 9.8 | 10.0 | 19.2% |
| Taiwan (Chinese) | 15.4 | 3.2 | 0.2 | 0.1 | -81.3% |
| Sri Lanka | 15.5 | 5.3 | 2.5 | 0.1 | -81.4% |
| Others | 43.9 | 32.0 | 44.6 | 46.2 | 1.7% |
| Total | 456 | 259 | 342 | 519 | 4.4% |
Top Suppliers of Synthetic Yarn to Turkey in 2022:
- Taiwan (Chinese) (undefinedK tons)
- Sri Lanka (undefinedK tons)
- India (59.6K tons)
- Indonesia (33.4K tons)
- China (16.0K tons)
- Egypt (13.8K tons)
- Nepal (9.4K tons)
- Bulgaria (3.0K tons)
This report provides an in-depth analysis of the synthetic 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 13108210 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, n.p.r.s.
- Prodcom 13108250 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, p.r.s.
- Prodcom 13108320 - Yarn containing < .85 % by weight of polyester staple fibres (other than sewing thread), mixed with artificial fibres, n.p.r.s.
- Prodcom 13108340 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), mixed with cotton, n.p.r.s.
- Prodcom 13108380 - Other yarns, containing < .85 % by weight of synthetic staple fibres (other than sewing thread), n.p.r.s., n.e.c.
- Prodcom 13108390 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), p.r.s.
- Prodcom 131083Z0 - Yarn of synthetic staple fibres mixed with wool, n.p.r.s
- Prodcom 13108410 - Yarn (other than sewing thread) of artificial staple fibres, n .p.r.s.
- Prodcom 13108430 - Yarn (other than sewing thread) of artificial staple fibres, p.r.s.
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
-
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 synthetic yarn market in Turkey.
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This report provides an in-depth analysis of the global synthetic yarn market.
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This report provides an in-depth analysis of the synthetic yarn market in Turkey.
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This report provides an in-depth analysis of the global synthetic yarn market.
126
In March 2023, Synthetic Yarn exports saw a rapid growth of 28% compared to the previous month. However, by December 2023, the value of synthetic yarn exports decreased to $53M.
315
In March 2023, the rate of growth for Synthetic Yarn skyrocketed by 28% compared to the previous month. By September 2023, the value of synthetic yarn exports reached a staggering $63 million.
72
Explore the top import markets for synthetic yarn based on data from IndexBox. Discover the key players and growth opportunities in the global synthetic yarn market.
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In value terms, synthetic monofilament imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consis...
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In value terms, synthetic monofilament exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern...
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In 2016, the amount of synthetic yarn imported worldwide amounted to X tons, falling by -X% against the previous year level. Overall, synthetic yarn imports continue to indicate a relatively fl...
834
In 2016, the amount of synthetic yarn imported worldwide amounted to X tons, falling by -X% against the previous year level. Overall, synthetic yarn imports continue to indicate a relatively fl...
126
In March 2023, Synthetic Yarn exports saw a rapid growth of 28% compared to the previous month. However, by December 2023, the value of synthetic yarn exports decreased to $53M.
315
In March 2023, the rate of growth for Synthetic Yarn skyrocketed by 28% compared to the previous month. By September 2023, the value of synthetic yarn exports reached a staggering $63 million.
72
Explore the top import markets for synthetic yarn based on data from IndexBox. Discover the key players and growth opportunities in the global synthetic yarn market.
