Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey (FOB) - 2024
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey (CIF) - 2022
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey (FOB) - 2024
The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $10,304 per ton in January 2024, picking up by 9.9% against the previous month. In general, the export price, however, showed a mild contraction. The most prominent rate of growth was recorded in November 2023 an increase of 18% m-o-m. The export price peaked at $12,135 per ton in February 2023; however, from March 2023 to January 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 the United States ($14,394 per ton), while the average price for exports to Turkmenistan ($2,415 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey (CIF) - 2022
In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $24,454 per ton, picking up by 231% against the previous year. Overall, the import price saw a noticeable increase. Over the period under review, average import prices attained the maximum at $28,004 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($43,026 per ton), while the price for China ($9,000 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 Arab Emirates (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey
Exports of man-made filament yarn (other than sewing thread), put up for retail sale from Turkey skyrocketed to 826 tons in 2022, picking up by 30% against 2021. In general, exports, however, showed a deep setback. The growth pace was the most rapid in 2021 when exports increased by 48%.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale surged to $6.7M in 2022. Overall, exports, however, continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 168% against the previous year.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,601 | 825 | 2,861 | 2,513 | 16.2% |
| Morocco | N/A | N/A | 115 | 975 | 747.8% |
| Belarus | 21.5 | 2.9 | 159 | 697 | 218.9% |
| Poland | 382 | 3.4 | 36.6 | 434 | 4.3% |
| Russia | 311 | 40.1 | 143 | 388 | 7.7% |
| Germany | 1,017 | 199 | 230 | 361 | -29.2% |
| United Kingdom | 716 | 172 | 256 | 293 | -25.8% |
| Turkmenistan | 40.9 | 26.5 | 195 | 198 | 69.2% |
| Iran | 217 | 8.9 | 181 | 84.9 | -26.9% |
| Egypt | 104 | 41.8 | N/A | 76.9 | -9.6% |
| Libya | 114 | 124 | 45.9 | 54.1 | -22.0% |
| Bulgaria | 918 | 13.4 | 59.0 | 15.2 | -74.5% |
| Syrian Arab Republic | 103 | 38.9 | N/A | N/A | -62.2% |
| Others | 2,008 | 284 | 481 | 651 | -31.3% |
| Total | 7,552 | 1,780 | 4,763 | 6,741 | -3.7% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Turkey in 2022:
- United States (229.9 tons)
- Morocco (144.8 tons)
- Belarus (81.6 tons)
- Russia (75.9 tons)
- United Kingdom (63.9 tons)
- Poland (58.1 tons)
- Turkmenistan (35.6 tons)
- Germany (31.2 tons)
- Iran (15.4 tons)
- Egypt (13.8 tons)
- Libya (12.9 tons)
- Bulgaria (1.6 tons)
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey
For the third consecutive year, Turkey recorded decline in overseas purchases of man-made filament yarn (other than sewing thread), put up for retail sale, which decreased by -70.5% to 1.7 tons in 2022. In general, imports showed a dramatic shrinkage. The smallest decline of -45% was in 2020.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale dropped significantly to $45K in 2022. Over the period under review, imports showed a dramatic downturn.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.4 | 20.2 | 27.0 | 28.6 | 50.4% |
| Hungary | 9.6 | 14.4 | 4.5 | 8.6 | -3.6% |
| France | 2.0 | 2.9 | 1.0 | 3.3 | 18.2% |
| China | 139 | 54.9 | 26.5 | 2.0 | -75.7% |
| United Arab Emirates | N/A | 31.7 | N/A | N/A | 0% |
| Others | 14.2 | 1.2 | 0.2 | 2.1 | -47.1% |
| Total | 173 | 125 | 59.1 | 44.7 | -36.3% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Turkey in 2022:
- Italy (1073.0 kg)
- China (227.0 kg)
- Hungary (210.0 kg)
- France (77.0 kg)
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