Price for Embroidery; in the Piece, in Strips or in Motifs in Turkey - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Turkey (FOB) - 2023
- Price for Embroidery; in the Piece, in Strips or in Motifs in Turkey (CIF) - 2023
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Turkey
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Turkey
Price for Embroidery; in the Piece, in Strips or in Motifs in Turkey (FOB) - 2023
The average export price for embroidery; in the piece, in strips or in motifses stood at $12,650 per ton in July 2023, surging by 4.8% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices reached the peak figure at $13,916 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($31,501 per ton), while the average price for exports to Uzbekistan ($3,594 per ton) was amongst the lowest.
From December 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Turkey (CIF) - 2023
The average import price for embroidery; in the piece, in strips or in motifses stood at $5,397 per ton in July 2023, dropping by -4.3% against the previous month. Overall, the import price saw a abrupt slump. The most prominent rate of growth was recorded in April 2023 an increase of 65% m-o-m. As a result, import price attained the peak level of $9,836 per ton. From May 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was India ($10,688 per ton), while the price for China totaled $4,538 per ton.
From December 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-4.5%).
Exports of Embroidery; in the Piece, in Strips or in Motifs in Turkey
In 2022, the amount of embroidery; in the piece, in strips or in motifses exported from Turkey shrank to 6.7K tons, waning by -5.7% compared with the year before. Overall, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by 6.4%.
In value terms, exports of embroidery; in the piece, in strips or in motifses reduced to $75M in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 16.7 | 9.8 | 11.9 | 15.0 | -3.5% |
| Poland | 7.7 | 6.6 | 9.6 | 6.7 | -4.5% |
| Germany | 7.0 | 7.2 | 6.6 | 6.6 | -1.9% |
| Spain | 2.4 | 2.7 | 3.0 | 4.3 | 21.5% |
| Uzbekistan | 1.9 | 3.9 | 4.3 | 4.1 | 29.2% |
| Italy | 4.5 | 3.6 | 4.9 | 4.0 | -3.9% |
| Russia | 4.1 | 2.9 | 3.4 | 3.8 | -2.5% |
| Bulgaria | 13.1 | 13.1 | 9.7 | 3.4 | -36.2% |
| Kazakhstan | 1.1 | 1.9 | 3.3 | 2.3 | 27.9% |
| Romania | 1.9 | 1.1 | 1.7 | 2.2 | 5.0% |
| Egypt | 0.9 | 0.9 | 1.4 | 2.0 | 30.5% |
| Algeria | 0.8 | 0.5 | 0.5 | 0.9 | 4.0% |
| Serbia | 0.2 | 0.2 | 0.2 | 0.9 | 65.1% |
| Others | 25.7 | 19.5 | 21.6 | 19.2 | -9.3% |
| Total | 87.9 | 73.8 | 82.1 | 75.2 | -5.1% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Turkey in 2022:
- Belarus (1590.6 tons)
- Uzbekistan (1205.8 tons)
- Poland (371.8 tons)
- Russia (346.9 tons)
- Kazakhstan (281.0 tons)
- Bulgaria (280.5 tons)
- Germany (266.8 tons)
- Egypt (235.2 tons)
- Italy (195.7 tons)
- Serbia (189.4 tons)
- Romania (179.3 tons)
- Algeria (174.3 tons)
- Spain (157.2 tons)
Imports of Embroidery; in the Piece, in Strips or in Motifs in Turkey
After two years of decline, purchases abroad of embroidery; in the piece, in strips or in motifses increased by 66% to 4.9K tons in 2022. In general, imports, however, continue to indicate a sharp reduction.
In value terms, imports of embroidery; in the piece, in strips or in motifses skyrocketed to $38M in 2022. Over the period under review, imports, however, showed a precipitous decrease.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 88.0 | 21.6 | 18.2 | 29.8 | -30.3% |
| India | 4.2 | 2.2 | 1.7 | 2.8 | -12.6% |
| Others | 2.9 | 2.6 | 2.4 | 5.2 | 21.5% |
| Total | 95.1 | 26.4 | 22.3 | 37.9 | -26.4% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Turkey in 2022:
- China (4.6K tons)
- India (0.2K tons)
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