Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey - 2024

Contents:

  1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey (CIF) - 2024
  2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey (FOB) - 2024
  3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey
  4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey (CIF) - 2024

In February 2024, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides amounted to $786 per thousand square meters, falling by -3.7% against the previous month. Overall, the import price continues to indicate a mild decrease. The growth pace was the most rapid in October 2023 when the average import price increased by 6.2% against the previous month. Over the period under review, average import prices reached the maximum at $973 per thousand square meters in February 2023; however, from March 2023 to February 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Italy ($3.0 per square meter), while the price for China ($580 per thousand square meters) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Malaysia (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey (FOB) - 2024

In February 2024, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides amounted to $1.4 per square meter, shrinking by -7% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 an increase of 9.3% m-o-m. As a result, the export price reached the peak level of $1.6 per square meter. From November 2023 to February 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In February 2024, the country with the highest price was the UK ($2.1 per square meter), while the average price for exports to North Macedonia ($563 per thousand square meters) 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 Algeria (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey

In 2022, approx. 70M square meters of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides were imported into Turkey; picking up by 38% compared with 2021 figures. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides skyrocketed to $60M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.621.421.939.212.4%
Italy2.62.45.56.233.6%
Germany4.25.25.42.9-11.6%
Malaysia0.2N/A0.21.6100.0%
Iran0.20.82.51.071.0%
Others6.06.48.79.114.9%
Total40.836.244.260.013.7%

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride to Turkey in 2022:

  1. China (58.6M square meters)
  2. Italy (2.9M square meters)
  3. Malaysia (1.6M square meters)
  4. Iran (1.4M square meters)
  5. Germany (1.1M square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey

In 2022, the amount of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides exported from Turkey shrank to 31M square meters, waning by -11.5% on the previous year's figure. Over the period under review, exports showed a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, the exports of hit record highs at 36M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides contracted to $43M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of $47M, and then declined in the following year.

Export of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.35.26.56.40.5%
Spain4.54.25.15.24.9%
Italy2.12.53.73.518.6%
Germany1.91.72.32.13.4%
Romania2.71.71.81.9-11.1%
Russia0.80.91.21.523.3%
Bulgaria2.21.71.81.4-14.0%
Azerbaijan1.30.80.51.2-2.6%
Algeria1.01.01.60.9-3.5%
France1.21.51.50.9-9.1%
Tunisia0.60.80.90.810.1%
Ukraine0.60.91.00.60.0%
Uzbekistan1.31.01.10.6-22.7%
Others16.514.717.816.2-0.6%
Total43.138.746.943.10.0%

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride from Turkey in 2022:

  1. Spain (4.3M square meters)
  2. United Kingdom (3.0M square meters)
  3. Italy (2.8M square meters)
  4. Romania (1.9M square meters)
  5. Germany (1.3M square meters)
  6. Uzbekistan (1.0M square meters)
  7. Bulgaria (1.0M square meters)
  8. Azerbaijan (0.9M square meters)
  9. Russia (0.9M square meters)
  10. Ukraine (0.8M square meters)
  11. Algeria (0.8M square meters)
  12. Tunisia (0.7M square meters)
  13. France (0.7M square meters)

Source: IndexBox Market Intelligence Platform

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