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Turkey - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Turkey: Sewing Thread Market Overview 2021

Sewing Thread Market Size in Turkey

In 2019, the Turkish sewing thread market increased by X% to $X, rising for the third year in a row after four years of decline. Overall, consumption saw a buoyant expansion. The pace of growth was the most pronounced in 2012 when the market value increased by X% year-to-year. Sewing thread consumption peaked in 2019 and is likely to see gradual growth in years to come.

Sewing Thread Production in Turkey

In value terms, sewing thread production totaled $X in 2019 estimated in export prices. Over the period under review, production saw a prominent expansion. The growth pace was the most rapid in 2012 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2013 to 2019, production growth remained at a somewhat lower figure.

Sewing Thread Exports

Exports from Turkey

In 2019, shipments abroad of sewing thread of man-made filaments or staple fibers decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, sewing thread exports reduced to $X in 2019. Over the period under review, total exports indicated a mild expansion from 2007 to 2019: its value decreased 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, exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2019, exports remained at a lower figure.

Exports by Country

Serbia (X tonnes), Russia (X tonnes) and Bulgaria (X tonnes) were the main destinations of sewing thread exports from Turkey, with a combined X% share of total exports. These countries were followed by Romania, Hungary, Poland, Ukraine, Macedonia, Georgia, Algeria, Azerbaijan, the U.S. and Italy, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Azerbaijan, while exports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Romania ($X) and Poland ($X) appeared to be the largest markets for sewing thread exported from Turkey worldwide, together accounting for X% of total exports. These countries were followed by Russia, Bulgaria, Macedonia, Serbia, Algeria, Italy, the U.S., Azerbaijan, Georgia and Ukraine, which together accounted for a further X the main countries of destination, Azerbaijan 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 sewing thread export price amounted to $X per tonne, declining by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Hungary ($X per tonne), while the average price for exports to Serbia ($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 Macedonia, while the prices for the other major destinations experienced more modest paces of growth.

Sewing Thread Imports

Imports into Turkey

In 2019, supplies from abroad of sewing thread of man-made filaments or staple fibers increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. Over the period under review, total imports indicated noticeable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sewing thread imports skyrocketed to $X in 2019. In general, total imports indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked in 2019 and are likely to continue growth in the near future.

Imports by Country

In 2019, Egypt (X tonnes) constituted the largest sewing thread supplier to Turkey, accounting for a X% share of total imports. Moreover, sewing thread imports from Egypt exceeded the figures recorded by the second-largest supplier, Cambodia (X tonnes), threefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Egypt totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+X% per year) and China (-X% per year).

In value terms, Egypt ($X) constituted the largest supplier of sewing thread to Turkey, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Cambodia, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Egypt stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Cambodia (+X% per year).

Import Prices by Country

The average sewing thread import price stood at $X per tonne in 2019, picking up by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was China ($X per tonne), while the price for Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sewing thread of man-made filaments or staple fibers in the world?
+
The countries with the highest volumes of sewing thread consumption in 2019 were China (108K tonnes), Turkey (77K tonnes) and the U.S. (55K tonnes), together comprising 37% of global consumption. Germany, India, Indonesia, Mexico, Bangladesh, France, Viet Nam and Japan lagged somewhat behind, together comprising a further 28%.
What are the largest producers of sewing thread of man-made filaments or staple fibers in the world?
+
China (259K tonnes) remains the largest sewing thread producing country worldwide, comprising approx. 42% of total volume. Moreover, sewing thread production in China exceeded the figures recorded by the second-largest producer, Turkey (66K tonnes), fourfold. The U.S. (59K tonnes) ranked third in terms of total production with a 9.6% share.
What are the leading suppliers of sewing thread of man-made filaments or staple fibers to Turkey?
+
In value terms, Egypt ($37M) constituted the largest supplier of sewing thread to Turkey, comprising 50% of total imports. The second position in the ranking was occupied by China ($14M), with a 19% share of total imports. It was followed by Cambodia, with a 15% share.
What are the leading importers of sewing thread of man-made filaments or staple fibers from Turkey?
+
In value terms, Hungary ($5.6M), Romania ($4.6M) and Poland ($3.4M) appeared to be the largest markets for sewing thread exported from Turkey worldwide, together accounting for 32% of total exports. Russia, Bulgaria, Macedonia, Serbia, Algeria, Italy, the U.S., Azerbaijan, Georgia and Ukraine lagged somewhat behind, together accounting for a further 36%.
What is the average export price for sewing thread of man-made filaments or staple fibers in Turkey?
+
The average sewing thread export price stood at $8,782 per tonne in 2019, dropping by -5.6% against the previous year.
What is the average import price for sewing thread of man-made filaments or staple fibers in Turkey?
+
The average sewing thread import price stood at $4,760 per tonne in 2019, increasing by 1.9% against the previous year.

Product coverage:
• Prodcom 13108510 - Sewing thread of man-made filaments
• Prodcom 13108550 - Sewing thread of man-made staple fibres

This report provides an in-depth analysis of the sewing thread 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 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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