Turkey: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Turkey

In 2021, the Turkish pile and chenille fabric market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a buoyant expansion. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Turkey

In value terms, pile and chenille fabric production reduced modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Turkey

In 2021, after eight years of decline, there was significant growth in overseas shipments of woven pile fabrics and chenille fabrics, when their volume increased by X% to X tons. Overall, exports, however, recorded a abrupt slump. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, pile and chenille fabric exports expanded remarkably to $X in 2021. Over the period under review, exports, however, saw a abrupt decline. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for pile and chenille fabric exports from Turkey, accounting for a X% share of total exports. Moreover, pile and chenille fabric exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), twofold. Lithuania (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Lithuania (-X% per year).

In value terms, the UK ($X), the United States ($X) and Poland ($X) were the largest markets for pile and chenille fabric exported from Turkey worldwide, with a combined X% share of total exports. Lithuania, Germany, Belgium, Iran, India, Morocco, Russia, Bulgaria, Uzbekistan and Tajikistan lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2021, leveling off at the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Turkey

In 2021, approx. X tons of woven pile fabrics and chenille fabrics were imported into Turkey; surging by X% compared with the previous year. Overall, imports, however, saw a pronounced descent. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, pile and chenille fabric imports rose significantly to $X in 2021. Over the period under review, imports, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest pile and chenille fabric supplier to Turkey, with a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Italy (-X% per year).

In value terms, the largest pile and chenille fabric suppliers to Turkey were Germany ($X), China ($X) and the Netherlands ($X), together accounting for X% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average pile and chenille fabric import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2020, and then reduced sharply in the following year.

Prices varied noticeably countryorigin: the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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