Turkey - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

Turkey - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Tyre Cord Fabric Price in Turkey - 2023

Contents:

  1. Tyre Cord Fabric Price in Turkey (FOB) - 2023
  2. Tyre Cord Fabric Price in Turkey (CIF) - 2023
  3. Tyre Cord Fabric Exports in Turkey
  4. Tyre Cord Fabric Imports in Turkey

Tyre Cord Fabric Price in Turkey (FOB) - 2023

The average tyre cord fabric export price stood at $6,739 per ton in July 2023, rising by 5.4% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 11% against the previous month. As a result, the export price reached the peak level of $7,040 per ton. From March 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($11,279 per ton), while the average price for exports to Romania ($4,120 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 Italy (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

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Tyre Cord Fabric Price in Turkey (CIF) - 2023

In July 2023, the average tyre cord fabric import price amounted to $3,712 per ton, falling by -7.5% against the previous month. In general, the import price showed a mild decrease. The most prominent rate of growth was recorded in October 2022 an increase of 6% month-to-month. As a result, import price reached the peak level of $4,996 per ton. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Romania ($8,394 per ton), while the price for Belarus ($2,969 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 Romania (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Tyre Cord Fabric Exports in Turkey

Tyre cord fabric exports from Turkey dropped remarkably to 25K tons in 2022, shrinking by -49.2% on 2021. Over the period under review, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 129%. As a result, the exports reached the peak of 49K tons, and then dropped dramatically in the following year.

In value terms, tyre cord fabric exports fell remarkably to $142M in 2022. Overall, exports, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of 155% against the previous year. As a result, the exports reached the peak of $233M, and then dropped rapidly in the following year.

Export of Tyre Cord Fabric in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia13.311.025.814.83.6%
Germany19.910.217.914.7-9.6%
United States7.78.523.213.320.0%
Poland9.37.122.713.011.8%
Italy7.76.613.77.90.9%
Hungary5.12.711.96.810.1%
United Kingdom5.85.28.75.80.0%
Finland6.32.710.05.7-3.3%
France7.13.17.55.2-9.9%
Czech Republic4.12.58.64.96.1%
Romania0.22.06.43.7164.5%
Spain3.22.35.53.20.0%
Bangladesh1.91.22.41.6-5.6%
Others34.326.469.041.06.1%
Total12691.52331424.1%

Top Export Markets for Tyre Cord Fabric from Turkey in 2022:

  1. Serbia (3.8K tons)
  2. Germany (2.5K tons)
  3. Poland (2.3K tons)
  4. Italy (1.6K tons)
  5. Hungary (1.6K tons)
  6. France (1.3K tons)
  7. United States (1.1K tons)
  8. Romania (1.0K tons)
  9. Czech Republic (0.9K tons)
  10. Finland (0.9K tons)
  11. United Kingdom (0.9K tons)
  12. Spain (0.9K tons)
  13. Bangladesh (0.9K tons)

Tyre Cord Fabric Imports in Turkey

In 2022, imports of tyre cord fabric of high tenacity yarn into Turkey shrank sharply to 13K tons, falling by -55.6% against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 148% against the previous year. As a result, imports attained the peak of 29K tons, and then dropped remarkably in the following year.

In value terms, tyre cord fabric imports dropped dramatically to $44M in 2022. Over the period under review, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 192% against the previous year. As a result, imports attained the peak of $122M, and then declined notably in the following year.

Import of Tyre Cord Fabric in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.720.547.116.6-7.1%
Belarus4.42.630.810.834.9%
Romania7.04.414.45.1-10.0%
Vietnam7.55.18.93.9-19.6%
Italy3.12.77.92.8-3.3%
South Korea4.23.45.62.4-17.0%
Others2.23.17.22.65.7%
Total49.241.912244.2-3.5%

Top Suppliers of Tyre Cord Fabric to Turkey in 2022:

  1. China (5.4K tons)
  2. Belarus (3.4K tons)
  3. Vietnam (1.5K tons)
  4. Romania (1.0K tons)
  5. South Korea (0.7K tons)
  6. Italy (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tyre cord fabric 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 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon

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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Turkey's Tyre Cord Fabric Price Peaks at $6,337 per Ton
May 19, 2023
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In January 2023, the tyre cord fabric price amounted to $6,337 per ton (FOB, Turkey), increasing by 3.4% against the previous month.

Which Country Imports the Most Tyre Cord Fabric in the World?
May 28, 2018
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In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...

Which Country Exports the Most Tyre Cord Fabric in the World?
May 28, 2018
Eye 844

In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...

Turkey's Tyre Cord Fabric Price Peaks at $6,337 per Ton
May 19, 2023
Eye 352

In January 2023, the tyre cord fabric price amounted to $6,337 per ton (FOB, Turkey), increasing by 3.4% against the previous month.

Which Country Imports the Most Tyre Cord Fabric in the World?
May 28, 2018
Eye 785

In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...

Which Country Exports the Most Tyre Cord Fabric in the World?
May 28, 2018
Eye 844

In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...

Free Data: Tyre Cord Fabric Of High Tenacity Yarn - Turkey