Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey - 2024

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey (CIF) - 2024
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey (FOB) - 2024
  3. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey
  4. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey (CIF) - 2024

In February 2024, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $4,065 per ton, falling by -4.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2024 when the average import price increased by 34% m-o-m. The import price peaked at $4,737 per ton in October 2023; however, from November 2023 to February 2024, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was Egypt ($4,335 per ton), while the price for China stood at $3,979 per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Egypt (-0.0%).

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey (FOB) - 2024

In February 2024, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $5,620 per ton, with a decrease of -4.1% against the previous month. Overall, the export price saw a slight decrease. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 36% month-to-month. Over the period under review, the average export prices reached the peak figure at $9,208 per ton in June 2023; however, from July 2023 to February 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($10,271 per ton), while the average price for exports to Lebanon ($1,125 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey

Imports of fabrics; "long pile" fabrics, knitted or crocheteds into Turkey expanded remarkably to 5.2K tons in 2022, increasing by 8.6% on 2021 figures. In general, imports continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds expanded sharply to $25M in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.910.720.022.517.4%
EgyptN/A0.10.80.8182.8%
South Korea1.00.60.60.4-26.3%
Others1.30.70.91.67.2%
Total16.312.122.325.215.6%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Turkey in 2022:

  1. China (4.8K tons)
  2. Egypt (0.2K tons)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey

In 2022, after two years of decline, there was significant growth in overseas shipments of fabrics; "long pile" fabrics, knitted or crocheteds, when their volume increased by 18% to 1.4K tons. Over the period under review, exports, however, saw a drastic downturn.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds skyrocketed to $10M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9366501,4802,52039.1%
France9929545781,36511.2%
Bulgaria1,8061,4698941,216-12.4%
Belarus18410210983265.4%
Belgium4785408626017.9%
Poland3823056184737.4%
Germany799834745422-19.2%
Morocco11712122440651.4%
Syrian Arab Republic537132N/A225-25.2%
Greece316263537208-13.0%
Uzbekistan7.819416.1140161.8%
Russia23951.533.4137-16.9%
IsraelN/A0.64.21041216.6%
Others3,0251,3831,9141,315-24.2%
Total9,8187,0018,0159,9630.5%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Turkey in 2022:

  1. Bulgaria (273.2 tons)
  2. Netherlands (269.3 tons)
  3. France (158.1 tons)
  4. Belarus (134.2 tons)
  5. Belgium (69.1 tons)
  6. Poland (66.5 tons)
  7. Syrian Arab Republic (51.9 tons)
  8. Morocco (35.4 tons)
  9. Germany (33.2 tons)
  10. Russia (23.6 tons)
  11. Israel (23.2 tons)
  12. Uzbekistan (22.3 tons)
  13. Greece (21.6 tons)

Source: IndexBox Market Intelligence Platform

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