Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $4,578 per ton, growing by 61% against the previous year. In general, the export price posted a pronounced expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($8,661 per ton), while the average price for exports to Serbia ($1,694 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+43.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $3,627 per ton, shrinking by -52.6% against the previous year. Overall, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 91% against the previous year. The import price peaked at $14,848 per ton in 2012; however, from 2013 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 Germany ($8,895 per ton), while the price for Bulgaria ($1,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+27.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey
In 2022, shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses was finally on the rise to reach 62 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a significant decrease.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses soared to $285K in 2022. Overall, exports, however, faced a dramatic contraction.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 3.5 | 29.9 | 170 | 596.9% |
| Pakistan | 12.5 | 2.9 | 45.1 | 32.0 | 36.8% |
| Georgia | 0.7 | 0.5 | 3.2 | 14.3 | 173.4% |
| Turkmenistan | 4.6 | 15.3 | N/A | 9.5 | 27.3% |
| Bulgaria | 751 | 412 | 1.5 | 8.8 | -77.3% |
| Azerbaijan | 0.8 | 0.1 | 1.5 | 8.3 | 118.1% |
| Germany | N/A | 0.1 | 0.3 | 6.3 | 693.7% |
| Serbia | 0.8 | 10.9 | 8.3 | 6.1 | 96.8% |
| Romania | 9.0 | 4.1 | 29.3 | 1.2 | -48.9% |
| Others | 94.5 | 63.2 | 26.5 | 29.1 | -32.5% |
| Total | 874 | 513 | 146 | 285 | -31.2% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Turkey in 2022:
- United Kingdom (25.7 tons)
- Georgia (4.9 tons)
- Azerbaijan (3.9 tons)
- Bulgaria (3.8 tons)
- Pakistan (3.7 tons)
- Serbia (3.6 tons)
- Germany (3.5 tons)
- Turkmenistan (2.8 tons)
- Romania (0.7 tons)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey
Imports of wadding; other articles thereof, other than of cotton or man-made fibreses into Turkey surged to 27 tons in 2022, jumping by 475% against the previous year. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses skyrocketed to $98K in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 194%. As a result, imports attained the peak of $102K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 4.7 | 23.9 | 408.5% |
| Greece | 7.3 | 25.5 | N/A | 17.6 | 34.1% |
| Canada | N/A | N/A | 0.1 | 15.9 | 15800.0% |
| Bulgaria | 7.1 | 3.9 | N/A | 15.0 | 28.3% |
| China | 1.0 | 3.6 | 8.5 | 13.9 | 140.4% |
| Germany | 4.7 | 4.1 | 2.3 | 2.8 | -15.9% |
| Netherlands | 10.2 | 62.3 | N/A | N/A | 510.8% |
| Others | 4.5 | 3.0 | 20.3 | 8.7 | 24.6% |
| Total | 34.8 | 102 | 35.9 | 98.0 | 41.2% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Turkey in 2022:
- Bulgaria (11.7 tons)
- Greece (7.0 tons)
- Belgium (3.4 tons)
- Canada (2.3 tons)
- China (1.6 tons)
- Germany (0.3 tons)
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This report provides an in-depth analysis of the wadding market in Turkey.
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