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Turkey - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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Turkey: Overview of the Market for Jute And Jute-Like Fibers 2021

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Market Size for Jute And Jute-Like Fibers in Turkey

After two years of decline, the Turkish jute and jute-like fibers market decreased by -X% to $X in 2019. In general, consumption continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Production of Jute And Jute-Like Fibers in Turkey

In value terms, jute and jute-like fibers production surged to $X in 2019 estimated in export prices. In general, production, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2009; however, from 2010 to 2019, production failed to regain the momentum.

In 2019, the average yield of jute and jute-like fibers in Turkey stood at X kg per ha, approximately mirroring the previous year's figure. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The jute and jute-like fibers harvested area in Turkey stood at X ha in 2019, approximately equating 2018 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Jute And Jute-Like Fibers

Exports from Turkey

After two years of decline, shipments abroad of jute and jute-like fibers increased by X% to X tonnes in 2019. In general, exports recorded mild growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2010 to 2019, the growth exports failed to regain the momentum.

In value terms, jute and jute-like fibers exports skyrocketed to $X in 2019. Over the period under review, exports saw a measured expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2010 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Nigeria (X tonnes), Saudi Arabia (X tonnes) and France (X tonnes) were the main destinations of jute and jute-like fibers exports from Turkey, together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in Nigeria, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jute and jute-like fibers exported from Turkey were Saudi Arabia ($X), Nigeria ($X) and Jordan ($X), together comprising X% of total exports.

Among the main countries of destination, Nigeria saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average jute and jute-like fibers export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price saw a perceptible expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per tonne), while the average price for exports to Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jute And Jute-Like Fibers

Imports into Turkey

In 2019, supplies from abroad of jute and jute-like fibers increased by X% to X tonnes, rising for the second consecutive year after four years of decline. Overall, imports, however, continue to indicate a precipitous descent. Over the period under review, imports reached the peak figure at X tonnes in 2010; however, from 2011 to 2019, imports remained at a lower figure.

In value terms, jute and jute-like fibers imports skyrocketed to $X in 2019. In general, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Bangladesh (X tonnes) was the main supplier of jute and jute-like fibers to Turkey, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Bangladesh amounted to -X%.

In value terms, Bangladesh ($X) constituted the largest supplier of jute and jute-like fibers to Turkey.

From 2007 to 2019, the average annual rate of growth in terms of value from Bangladesh totaled -X%.

Import Prices by Country

The average jute and jute-like fibers import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, jute and jute-like fibers import price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Bangladesh.

From 2007 to 2019, the rate of growth in terms of prices for Bangladesh amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for jute and jute-like fibers in the world?
+
The countries with the highest volumes of jute and jute-like fibers consumption in 2019 were India (2.1M tonnes), Bangladesh (1.4M tonnes) and Pakistan (94K tonnes), with a combined 91% share of global consumption.
What are the largest producers of jute and jute-like fibers in the world?
+
The countries with the highest volumes of jute and jute-like fibers production in 2019 were India (2.1M tonnes) and Bangladesh (1.6M tonnes), with a combined 93% share of global production.
What are the leading suppliers of jute and jute-like fibers to Turkey?
+
In value terms, Bangladesh ($23K) constituted the largest supplier of jute and jute-like fibers to Turkey.
What are the leading importers of jute and jute-like fibers from Turkey?
+
In value terms, the largest markets for jute and jute-like fibers exported from Turkey were Saudi Arabia ($70K), Nigeria ($51K) and Jordan ($8.6K), together accounting for 85% of total exports.
What is the average export price for jute and jute-like fibers in Turkey?
+
In 2019, the average jute and jute-like fibers export price amounted to $1,997 per tonne, jumping by 31% against the previous year.
What is the average import price for jute and jute-like fibers in Turkey?
+
In 2019, the average jute and jute-like fibers import price amounted to $1,147 per tonne, declining by -25.8% against the previous year.

Product coverage:
• FCL 780 - Jute
• FCL 782 - Jute-like fibres

This report provides an in-depth analysis of the market for jute and jute-like fibers 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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