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Turkey - Cotton (Carded Or Combed) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cotton (Carded or Combed) in Turkey - 2023
Contents:
- Price for Cotton (Carded or Combed) in Turkey (FOB) - 2023
- Price for Cotton (Carded or Combed) in Turkey (CIF) - 2022
- Exports of Cotton (Carded or Combed) in Turkey
- Imports of Cotton (Carded or Combed) in Turkey
Price for Cotton (Carded or Combed) in Turkey (FOB) - 2023
In July 2023, the average cotton (carded or combed) export price amounted to $2,169 per ton, surging by 69% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the average export price increased by 108% against the previous month. As a result, the export price attained the peak level of $4,395 per ton. From September 2022 to July 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 Canada ($24,667 per ton), while the average price for exports to Vietnam ($1,100 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+49.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cotton (Carded or Combed) in Turkey (CIF) - 2022
The average cotton (carded or combed) import price stood at $3,631 per ton in 2022, with an increase of 5.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 91% against the previous year. As a result, import price attained the peak level of $10,776 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($35,684 per ton), while the price for Pakistan ($876 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cotton (Carded or Combed) in Turkey
In 2022, shipments abroad of cotton (carded or combed) decreased by -45.1% to 2.9K tons, falling for the second consecutive year after two years of growth. In general, exports faced a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 18% against the previous year. As a result, the exports reached the peak of 5.7K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cotton (carded or combed) exports plummeted to $4.4M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 21%.
Export of Cotton (Carded or Combed) in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 2,813 | 3,228 | 3,794 | 2,888 | 0.9% |
Italy | 156 | 192 | 663 | 344 | 30.2% |
Iran | 64.8 | 16.8 | N/A | 279 | 62.7% |
Croatia | 35.9 | 112 | 101 | 236 | 87.3% |
Brazil | 225 | 167 | 236 | 104 | -22.7% |
United States | 19.1 | 203 | 245 | 67.1 | 52.0% |
Vietnam | 339 | 443 | N/A | N/A | 30.7% |
Others | 515 | 689 | 657 | 455 | -4.0% |
Total | 4,167 | 5,050 | 5,696 | 4,374 | 1.6% |
Top Export Markets for Cotton (Carded or Combed) from Turkey in 2022:
- Spain (2099.1 tons)
- Italy (296.6 tons)
- Brazil (120.4 tons)
- United States (99.8 tons)
- Iran (80.0 tons)
- Croatia (54.4 tons)
Imports of Cotton (Carded or Combed) in Turkey
In 2022, the amount of cotton (carded or combed) imported into Turkey skyrocketed to 207 tons, with an increase of 24% against 2021 figures. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 532% against the previous year. As a result, imports attained the peak of 251 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cotton (carded or combed) imports surged to $750K in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 654%. As a result, imports reached the peak of $754K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Cotton (Carded or Combed) in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 18.4 | 497 | 255 | 250 | 138.6% |
Bulgaria | N/A | N/A | 175 | 239 | 36.6% |
Morocco | N/A | 114 | 69.3 | 101 | -5.9% |
India | 1.0 | 37.1 | 3.5 | 66.2 | 304.5% |
Germany | N/A | 14.6 | 3.8 | 30.0 | 43.3% |
Pakistan | N/A | N/A | N/A | 22.0 | 0% |
Japan | 20.4 | N/A | 4.2 | N/A | -54.6% |
United Arab Emirates | 25.4 | 24.6 | 32.1 | N/A | 12.4% |
Others | 34.7 | 67.3 | 31.1 | 42.3 | 6.8% |
Total | 99.9 | 754 | 575 | 750 | 95.8% |
Top Suppliers of Cotton (Carded or Combed) to Turkey in 2022:
- Morocco (73.8 tons)
- Bulgaria (51.2 tons)
- Italy (38.6 tons)
- Pakistan (25.1 tons)
- India (10.1 tons)
- Germany (6.2 tons)
This report provides an in-depth analysis of the market for cotton (carded or combed) 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:
- FCL 768 - Cotton, Carded or Combed
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
This report provides an in-depth analysis of the market for cotton (carded or combed) in Turkey.
This report provides an in-depth analysis of the global market for cotton (carded or combed).
This report provides an in-depth analysis of the market for cotton (carded or combed) in Turkey.
This report provides an in-depth analysis of the global market for cotton (carded or combed).
In value terms, carded and combed cotton imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indica...
In value terms, carded and combed cotton exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained r...
In value terms, carded and combed cotton imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indica...
In value terms, carded and combed cotton exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained r...