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Turkey - Socks, Stockings And Other Women's Hosiery - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWomen Hosiery Price in Turkey Falls 5%, Averaging $1.3 per Pair
Turkey Women Hosiery Export Price in September 2022
In September 2022, the women hosiery price stood at $1.3 per pair (FOB, Turkey), reducing by -5.4% against the previous month. Overall, the export price showed a mild descent. The pace of growth was the most pronounced in February 2022 when the average export price increased by 4% month-to-month. As a result, the export price attained the peak level of $1.5 per pair. From March 2022 to September 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was the United States ($1.8 per pair), while the average price for exports to Serbia ($464 per thousand pairs) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Turkey Women Hosiery Exports
In September 2022, approximately 81M pairs of socks, stockings and other women's hosiery were exported from Turkey; with an increase of 14% against the previous month. The total export volume increased at an average monthly rate of +4.9% over the period from January 2022 to September 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in June 2022 with an increase of 39% m-o-m. Over the period under review, the exports reached the maximum in September 2022.
In value terms, women hosiery exports expanded markedly to $107M (IndexBox estimates) in September 2022. The total export value increased at an average monthly rate of +3.6% over the period from January 2022 to September 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in June 2022 when exports increased by 40% against the previous month. The exports peaked in September 2022.
Turkey Women Hosiery Exports by Country
Germany (16M pairs), the UK (15M pairs) and France (8.4M pairs) were the main destinations of women hosiery exports from Turkey, with a combined 49% share of total exports. The Netherlands, Sweden, Italy, Spain, the United States, Slovakia, Poland, Serbia, Bosnia and Herzegovina and Belgium lagged somewhat behind, together accounting for a further 27%.
From January 2022 to September 2022, the biggest increases were in Bosnia and Herzegovina (with a CAGR of +22.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($24M), the UK ($22M) and France ($12M) were the largest markets for women hosiery exported from Turkey worldwide, with a combined 54% share of total exports. These countries were followed by the Netherlands, Sweden, Italy, Spain, the United States, Slovakia, Poland, Belgium, Bosnia and Herzegovina and Serbia, which together accounted for a further 28%.
Bosnia and Herzegovina, with a CAGR of +18.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Factors Affecting Women Hosiery Prices
Turkey is one of the world's leading producers of hosiery and exports a large percentage of its production. The main markets for Turkish hosiery are Europe, the United States, and the Middle East.
The main factors that affect the price of hosiery in Turkey are the cost of raw materials, labor, and shipping. Raw materials make up the largest component of the cost of hosiery production. Turkey produces a significant amount of its own raw materials, including cotton and synthetic fibers. However, it must import some raw materials, such as nylon, which can be expensive.
Labor costs are also a significant factor in the price of hosiery production. Turkey has a highly skilled workforce that is able to produce high-quality hosiery at relatively low costs. Shipping costs can also be a significant factor, depending on the destination market.
This report provides an in-depth analysis of the women hosiery 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 2030.
Product coverage:
- Prodcom 14311050 - Women
- Prodcom 14311090 - Knitted or crocheted hosiery and footwear (including socks, e xcluding women
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023