Price for Handkerchiefs (Not Knitted or Crocheted) in Turkey - 2023

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Turkey (FOB) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Turkey (CIF) - 2022
  3. Exports of Handkerchiefs (Not Knitted or Crocheted) in Turkey
  4. Imports of Handkerchiefs (Not Knitted or Crocheted) in Turkey

Price for Handkerchiefs (Not Knitted or Crocheted) in Turkey (FOB) - 2022

The average export price for handkerchiefs (not knitted or crocheted)s stood at $0.4 per unit in 2022, with an increase of 68% against the previous year. In general, the export price posted prominent growth. The export price peaked at $0.5 per unit in 2017; however, from 2018 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 Romania ($0.9 per unit), while the average price for exports to Ukraine ($0.1 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 Greece (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Handkerchiefs (Not Knitted or Crocheted) in Turkey (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $3.7 per unit, increasing by 35% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the average import price increased by 109%. As a result, import price reached the peak level of $4.4 per unit. From 2020 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 France ($17 per unit), while the price for the Netherlands ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Handkerchiefs (Not Knitted or Crocheted) in Turkey

In 2022, shipments abroad of handkerchiefs (not knitted or crocheted)s decreased by -39.4% to 4.1M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed resilient growth. The growth pace was the most rapid in 2020 with an increase of 97% against the previous year. The exports peaked at 6.7M units in 2021, and then dropped sharply in the following year.

In value terms, handkerchiefs (not knitted or crocheted) exports totaled $1.5M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 30%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Handkerchiefs (Not Knitted or Crocheted) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine10.7316290164148.4%
United States5.313.3106148203.4%
Germany47.746.543.413942.8%
Romania29.679.898.488.243.9%
Iraq70.136.943.564.5-2.7%
Israel12442.443.748.9-26.7%
Hungary4.716.919.445.3112.8%
Bulgaria34.559.578.039.95.0%
Netherlands10.646.863.733.246.3%
Saudi Arabia7.91.8N/A28.853.9%
Libya32.830.823.028.2-4.9%
Greece1.79.613.225.0145.0%
North Macedonia33.580.029.519.4-16.6%
Others5414565946003.5%
Total9541,2361,4461,47215.6%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Turkey in 2022:

  1. Ukraine (1220.7K units)
  2. Bulgaria (264.7K units)
  3. Germany (264.0K units)
  4. Iraq (176.7K units)
  5. United States (169.2K units)
  6. Israel (122.9K units)
  7. North Macedonia (117.3K units)
  8. Libya (112.4K units)
  9. Saudi Arabia (96.8K units)
  10. Hungary (94.9K units)
  11. Romania (94.0K units)
  12. Greece (87.9K units)
  13. Netherlands (86.3K units)

Imports of Handkerchiefs (Not Knitted or Crocheted) in Turkey

In 2022, supplies from abroad of handkerchiefs (not knitted or crocheted)s was finally on the rise to reach 96K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt descent. Over the period under review, imports attained the peak figure at 149K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, handkerchiefs (not knitted or crocheted) imports soared to $356K in 2022. Over the period under review, imports, however, saw a abrupt curtailment. Over the period under review, imports hit record highs at $662K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Handkerchiefs (Not Knitted or Crocheted) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy348180127176-20.3%
China11263.782.981.6-10.0%
France54.036.58.652.7-0.8%
Spain7.010.55.716.934.2%
India13.517.31.111.9-4.1%
Germany2.26.11.85.132.3%
Portugal6.70.2N/A2.6-27.1%
Romania38.72.1N/A1.7-64.7%
Netherlands1.02.11.31.00.0%
Switzerland71.60.30.1N/A-96.3%
Others7.43.44.26.0-6.8%
Total662322233356-18.7%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Turkey in 2022:

  1. China (49.0K units)
  2. Italy (16.4K units)
  3. Spain (12.9K units)
  4. India (3.3K units)
  5. France (3.2K units)
  6. Germany (3.1K units)
  7. Netherlands (1.6K units)
  8. Romania (1.4K units)
  9. Portugal (1.3K units)

Source: IndexBox Market Intelligence Platform

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