Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey (FOB) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey (CIF) - 2023
The average import price for wadding; other articles thereof, of man-made fibreses stood at $11,416 per ton in November 2023, which is down by -17.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 33% against the previous month. The import price peaked at $18,145 per ton in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($34,210 per ton), while the price for Bulgaria ($2,131 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey (FOB) - 2023
In November 2023, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $7,357 per ton, which is down by -11.1% against the previous month. Overall, export price indicated a mild expansion from December 2022 to November 2023: its price increased at an average monthly rate of +1.9% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for wadding; other articles thereof, of man-made fibreses increased by +3.9% against September 2023 indices. The pace of growth appeared the most rapid in June 2023 an increase of 51% month-to-month. As a result, the export price attained the peak level of $11,297 per ton. From July 2023 to November 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 Georgia ($16,341 per ton), while the average price for exports to Bulgaria ($4,062 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey
In 2022, supplies from abroad of wadding; other articles thereof, of man-made fibreses increased by 33% to 5.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern.
In value terms, imports of wadding; other articles thereof, of man-made fibreses soared to $60M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 6.0 | 5.2 | 7.4 | 19.4 | 47.9% |
| Ukraine | 15.5 | 12.3 | 13.0 | 11.7 | -8.9% |
| Poland | 2.5 | 2.6 | 2.7 | 6.9 | 40.3% |
| Bulgaria | 0.7 | 1.3 | 1.2 | 6.3 | 108.0% |
| Hungary | 9.5 | 4.6 | 2.6 | 2.7 | -34.3% |
| Russia | 3.4 | 2.1 | 2.8 | 2.5 | -9.7% |
| Uzbekistan | 0.1 | 1.7 | 1.6 | 2.3 | 184.4% |
| Thailand | 1.1 | 0.1 | N/A | 1.9 | 20.0% |
| China | 0.2 | 0.2 | 0.8 | 1.4 | 91.3% |
| South Korea | 0.6 | 0.8 | 1.9 | 1.3 | 29.4% |
| Romania | 2.6 | 3.2 | 1.2 | 1.0 | -27.3% |
| Indonesia | 2.7 | 2.8 | 0.1 | N/A | -80.8% |
| Others | 1.6 | 1.7 | 1.9 | 3.0 | 23.3% |
| Total | 46.5 | 38.7 | 37.3 | 60.3 | 9.0% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Turkey in 2022:
- Ukraine (1640.1 tons)
- Lithuania (1112.6 tons)
- Bulgaria (728.9 tons)
- Poland (531.3 tons)
- Hungary (240.6 tons)
- China (239.2 tons)
- Uzbekistan (234.4 tons)
- Russia (217.0 tons)
- Romania (160.1 tons)
- South Korea (130.8 tons)
- Thailand (93.0 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey
In 2022, exports of wadding; other articles thereof, of man-made fibreses from Turkey soared to 9.9K tons, jumping by 114% on 2021 figures. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of man-made fibreses soared to $37M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 0.5 | 0.1 | 0.1 | 6.8 | 138.7% |
| Sudan | N/A | 0.7 | 3.8 | 5.9 | 190.3% |
| Azerbaijan | 0.3 | 0.3 | 0.2 | 4.0 | 137.1% |
| Bulgaria | 1.1 | 3.0 | 4.7 | 2.3 | 27.9% |
| Romania | N/A | 0.6 | 1.2 | 2.2 | 91.5% |
| Poland | 0.1 | 0.1 | 0.1 | 2.1 | 175.9% |
| Jordan | 2.9 | 2.3 | 2.0 | 1.9 | -13.1% |
| Lebanon | 0.9 | 0.9 | 1.7 | 1.7 | 23.6% |
| Uzbekistan | N/A | N/A | N/A | 1.7 | 0% |
| Russia | 0.3 | 0.2 | 2.1 | 1.5 | 71.0% |
| Iran | 11.3 | 11.0 | 4.0 | 1.2 | -52.6% |
| Belarus | 0.1 | N/A | N/A | 1.0 | 115.4% |
| Serbia | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Others | 5.4 | 5.1 | 5.6 | 3.8 | -11.1% |
| Total | 22.7 | 24.4 | 25.5 | 36.9 | 17.6% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Turkey in 2022:
- Georgia (2974.0 tons)
- Azerbaijan (1865.6 tons)
- Sudan (1014.3 tons)
- Bulgaria (497.0 tons)
- Jordan (406.9 tons)
- Poland (386.0 tons)
- Lebanon (384.1 tons)
- Romania (371.1 tons)
- Serbia (296.6 tons)
- Uzbekistan (282.0 tons)
- Iran (230.9 tons)
- Russia (209.4 tons)
- Belarus (150.0 tons)
359
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This report provides an in-depth analysis of the wadding market in Turkey.
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This report provides an in-depth analysis of the textile wadding market in Turkey.
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This report provides an in-depth analysis of the textile flock market in Turkey.
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This report provides an in-depth analysis of the global wadding market.
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1641
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