Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey - 2024

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey (FOB) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey (CIF) - 2022
  3. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey
  4. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey (FOB) - 2022

In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $280 per unit, falling by -2.3% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 6.9%. The export price peaked at $519 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($449 per unit), while the average price for exports to the United Arab Emirates ($171 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey (CIF) - 2022

In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $392 per unit, approximately reflecting the previous year. In general, the import price, however, recorded a mild descent. The pace of growth was the most pronounced in 2013 an increase of 32% against the previous year. As a result, import price attained the peak level of $600 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,274 per unit), while the price for India ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Montenegro (+45.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey

In 2022, exports of articles of apparel, clothing accessories and other articles of furskin from Turkey rose remarkably to 381K units, surging by 8.2% compared with 2021. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 +74.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin rose significantly to $107M in 2022. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.4% 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 +57.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 49%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia23.414.322.621.2-3.2%
United States12.57.813.116.710.1%
France16.112.413.915.2-1.9%
TajikistanN/A0.63.914.8396.7%
Italy7.64.85.76.4-5.6%
Germany6.14.85.36.20.5%
United Kingdom6.43.95.04.6-10.4%
Netherlands0.91.01.92.336.7%
Kazakhstan2.14.212.32.33.1%
South Korea7.73.32.61.7-39.6%
Spain2.21.42.41.7-8.2%
China3.22.62.91.5-22.3%
United Arab Emirates1.10.20.61.35.7%
Others12.76.68.710.7-5.6%
Total10267.81011071.6%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Turkey in 2022:

  1. Russia (99.0K units)
  2. Tajikistan (57.8K units)
  3. United States (51.1K units)
  4. France (46.2K units)
  5. Germany (19.6K units)
  6. United Kingdom (19.1K units)
  7. Italy (14.2K units)
  8. Netherlands (8.4K units)
  9. Kazakhstan (7.9K units)
  10. United Arab Emirates (7.8K units)
  11. Spain (4.6K units)
  12. China (3.7K units)
  13. South Korea (2.8K units)

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey

In 2022, after two years of decline, there was significant growth in purchases abroad of articles of apparel, clothing accessories and other articles of furskin, when their volume increased by 35% to 9.1K units. Overall, imports, however, continue to indicate a abrupt setback. Imports peaked at 14K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin soared to $3.6M in 2022. Over the period under review, imports, however, saw a perceptible reduction. Imports peaked at $3.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,0658181,0001,46911.3%
Greece24920913243720.6%
MontenegroN/A66.7N/A423151.8%
France700438667402-16.9%
Germany23862.2131179-9.1%
Spain20462.6120118-16.7%
UkraineN/AN/AN/A98.00%
Argentina15611.8N/A66.4-24.8%
China72164635625.7-67.1%
India49.343.925.722.3-23.2%
Vietnam46.115.9N/A6.2-48.8%
Brazil6.030.169.8N/A241.1%
Others385300129341-4.0%
Total3,8192,7042,6303,588-2.1%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Turkey in 2022:

  1. Argentina (1575.0 units)
  2. Greece (1278.0 units)
  3. India (1175.0 units)
  4. Italy (1153.0 units)
  5. Spain (666.0 units)
  6. Montenegro (563.0 units)
  7. France (540.0 units)
  8. Ukraine (494.0 units)
  9. Germany (417.0 units)
  10. China (58.0 units)
  11. Vietnam (10.0 units)

Source: IndexBox Market Intelligence Platform

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