Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey - 2024
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey (FOB) - 2024
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey (CIF) - 2024
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey (FOB) - 2024
The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $6,182 per ton in December 2023, with an increase of 2.5% against the previous month. In general, the export price, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 4.1% m-o-m. The export price peaked at $6,992 per ton in February 2023; however, from March 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Jordan ($9,655 per ton), while the average price for exports to Syrian Arab Republic ($4,436 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey (CIF) - 2024
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $5,761 per ton in December 2023, picking up by 8.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 12% month-to-month. As a result, import price attained the peak level of $6,128 per ton. From April 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($17,241 per ton), while the price for Bulgaria ($3,372 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey
In 2022, after three years of growth, there was significant decline in overseas shipments of fabrics, knitted or crocheted, of a width of > 30 cms, when their volume decreased by -11.9% to 194K tons. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 220K tons, and then declined in the following year.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms expanded modestly to $1.3B in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 47.1 | 72.3 | 163 | 182 | 56.9% |
| Italy | 96.4 | 100 | 158 | 149 | 15.6% |
| Russia | 68.6 | 75.6 | 72.6 | 116 | 19.1% |
| Bulgaria | 106 | 85.7 | 123 | 96.6 | -3.0% |
| Jordan | 11.0 | 14.0 | 29.6 | 58.6 | 74.6% |
| Tunisia | 31.5 | 28.9 | 47.3 | 53.5 | 19.3% |
| Serbia | 37.4 | 34.9 | 46.6 | 49.0 | 9.4% |
| Egypt | 58.1 | 31.4 | 50.4 | 46.3 | -7.3% |
| Morocco | 16.9 | 14.5 | 45.1 | 46.0 | 39.6% |
| Kyrgyzstan | 29.7 | 33.4 | 49.6 | 44.4 | 14.3% |
| Greece | 33.2 | 34.3 | 49.0 | 43.8 | 9.7% |
| Romania | 45.1 | 38.0 | 38.1 | 34.5 | -8.5% |
| Poland | 32.0 | 34.4 | 37.0 | 31.3 | -0.7% |
| Others | 272 | 263 | 354 | 337 | 7.4% |
| Total | 886 | 861 | 1,263 | 1,288 | 13.3% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Turkey in 2022:
- Belarus (26.4K tons)
- Italy (20.4K tons)
- Russia (18.0K tons)
- Bulgaria (13.9K tons)
- Serbia (9.5K tons)
- Morocco (6.5K tons)
- Tunisia (6.3K tons)
- Greece (6.1K tons)
- Jordan (6.1K tons)
- Kyrgyzstan (6.0K tons)
- Egypt (6.0K tons)
- Poland (5.6K tons)
- Romania (5.5K tons)
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey
In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into Turkey expanded rapidly to 34K tons, surging by 5.6% on the year before. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 75%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $180M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.1 | 15.3 | 19.2 | 47.5 | 31.1% |
| South Korea | 20.1 | 12.2 | 20.2 | 40.2 | 26.0% |
| Italy | 17.8 | 16.8 | 22.9 | 24.9 | 11.8% |
| Egypt | 9.2 | 8.0 | 17.3 | 17.5 | 23.9% |
| Greece | 3.7 | 14.9 | 14.3 | 9.6 | 37.4% |
| Bulgaria | 0.8 | 6.5 | 12.3 | 9.0 | 124.1% |
| Germany | 6.3 | 6.6 | 6.4 | 7.5 | 6.0% |
| Spain | 0.7 | 0.4 | 16.8 | 4.0 | 78.8% |
| Malaysia | 8.8 | 8.7 | 6.4 | 2.9 | -30.9% |
| Others | 12.1 | 6.9 | 15.2 | 17.0 | 12.0% |
| Total | 101 | 96.2 | 151 | 180 | 21.2% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Turkey in 2022:
- China (11.2K tons)
- South Korea (8.8K tons)
- Bulgaria (3.5K tons)
- Egypt (2.5K tons)
- Greece (2.1K tons)
- Italy (1.5K tons)
- Germany (0.8K tons)
- Spain (0.7K tons)
- Malaysia (0.4K tons)
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