Turkey: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Turkey

The Turkish man-made filament fabric market declined notably to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a mild decline. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Man-Made Filament Fabric Production in Turkey

In value terms, man-made filament fabric production declined remarkably to $X in 2022 estimated in export price. Overall, production, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Man-made filament fabric production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Man-Made Filament Fabric Exports

Exports from Turkey

In 2022, man-made filament fabric exports from Turkey expanded rapidly to X square meters, increasing by X% on the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, man-made filament fabric exports totaled $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X square meters), Spain (X square meters) and the UK (X square meters) were the main destinations of man-made filament fabric exports from Turkey, with a combined X% share of total exports. Bulgaria, Belarus, Romania, the Netherlands, Germany, Morocco, Iraq, Italy, Poland and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for man-made filament fabric exported from Turkey were Spain ($X), the United States ($X) and Germany ($X), with a combined X% share of total exports. The UK, Morocco, Belarus, Bulgaria, Romania, Italy, the Netherlands, Poland, Russia and Iraq lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Belarus, with a CAGR of X%, 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

The average man-made filament fabric export price stood at $X per square meter in 2021, rising by X% against the previous year. In general, the export price, however, saw a perceptible shrinkage. The export price peaked at $X per square meter in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Morocco ($X per square meter), while the average price for exports to the United States ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Man-Made Filament Fabric Imports

Imports into Turkey

In 2022, supplies from abroad of woven fabrics of man-made filaments and staple fibers increased by X% to X square meters, rising for the second year in a row after three years of decline. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at X square meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, man-made filament fabric imports surged to $X in 2022. Overall, imports, however, showed a perceptible curtailment. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Malaysia (X square meters), China (X square meters) and Egypt (X square meters) were the main suppliers of man-made filament fabric imports to Turkey, together comprising X% of total imports. The Czech Republic, Vietnam, South Korea, North Macedonia, France, Indonesia, Italy, Pakistan, Saudi Arabia and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), China ($X) and Malaysia ($X) appeared to be the largest man-made filament fabric suppliers to Turkey, with a combined X% share of total imports. Italy, South Korea, the Czech Republic, France, North Macedonia, Spain, Vietnam, Indonesia, Pakistan and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average man-made filament fabric import price amounted to $X per square meter, flattening at the previous year. Over the period under review, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Saudi Arabia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :