Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey - 2024
Contents:
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey (FOB) - 2024
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey (CIF) - 2024
- Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey
- Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey (FOB) - 2024
The average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $2,945 per ton in February 2024, reducing by -16.1% against the previous month. Overall, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 43% month-to-month. Over the period under review, the average export prices hit record highs at $4,153 per ton in February 2023; however, from March 2023 to February 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was Italy ($3,630 per ton), while the average price for exports to Pakistan ($287 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 Spain (-1.1%), while the prices for the other major destinations experienced a decline.
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey (CIF) - 2024
In February 2024, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,349 per ton, falling by -4.6% against the previous month. In general, the import price continues to indicate a mild descent. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 4.2% against the previous month. The import price peaked at $3,844 per ton 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 ($5,840 per ton), while the price for China ($3,026 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.2%), while the prices for the other major suppliers experienced a decline.
Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey
In 2022, approx. 13K tons of textile fabrics; tyrecord of high tenacity yarn of polyesters were exported from Turkey; waning by -5.1% against 2021 figures. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters reached $43M in 2022. Overall, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by 19%.
| Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 12.6 | 9.9 | 10.4 | 12.6 | 0.0% |
| Hungary | 4.1 | 1.9 | 4.4 | 5.1 | 7.5% |
| Poland | 6.5 | 4.3 | 5.5 | 4.7 | -10.2% |
| Spain | 2.9 | 2.1 | 2.7 | 4.0 | 11.3% |
| Romania | 0.1 | 1.9 | 3.1 | 3.9 | 239.1% |
| Italy | 3.8 | 2.9 | 3.9 | 3.7 | -0.9% |
| Czech Republic | 0.5 | 1.0 | 1.6 | 3.0 | 81.7% |
| Germany | 6.0 | 2.6 | 1.7 | 1.4 | -38.4% |
| France | 6.7 | 2.5 | 2.6 | 1.2 | -43.6% |
| Bangladesh | 1.3 | 0.9 | 1.0 | 0.8 | -14.9% |
| Others | 6.0 | 3.6 | 3.2 | 2.9 | -21.5% |
| Total | 50.3 | 33.7 | 39.9 | 43.4 | -4.8% |
Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Turkey in 2022:
- Serbia (3.9K tons)
- Hungary (1.5K tons)
- Poland (1.3K tons)
- Romania (1.2K tons)
- Spain (1.2K tons)
- Italy (1.1K tons)
- Czech Republic (0.8K tons)
- Bangladesh (0.5K tons)
- France (0.4K tons)
- Germany (0.4K tons)
Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey
Imports of textile fabrics; tyrecord of high tenacity yarn of polyesters into Turkey soared to 7.3K tons in 2022, growing by 24% compared with 2021. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters skyrocketed to $31M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 6.4 | 10.9 | 17.3 | 35.2% |
| Vietnam | 7.5 | 5.1 | 4.4 | 8.0 | 2.2% |
| Italy | 2.9 | 2.5 | 3.6 | 3.9 | 10.4% |
| South Korea | 3.6 | 2.9 | 2.3 | 0.8 | -39.4% |
| Others | 0.6 | 0.3 | 0.9 | 0.7 | 5.3% |
| Total | 21.7 | 17.3 | 22.1 | 30.6 | 12.1% |
Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Turkey in 2022:
- China (4.2K tons)
- Vietnam (2.1K tons)
- Italy (0.6K tons)
- South Korea (0.2K tons)
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In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
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In January 2023, the tyre cord fabric price amounted to $6,337 per ton (FOB, Turkey), increasing by 3.4% against the previous month.
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In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
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