Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey - 2024
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey (CIF) - 2024
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey (FOB) - 2024
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey (CIF) - 2024
In January 2024, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $18.9 per square meter, rising by 17% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in November 2023 an increase of 21% against the previous month. Over the period under review, average import prices hit record highs in January 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($20.9 per square meter), while the price for Egypt ($9.0 per square meter) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Egypt (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey (FOB) - 2024
In January 2024, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $12.3 per square meter, picking up by 23% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($25.4 per square meter), while the average price for exports to Romania ($6.7 per square meter) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey
After two years of decline, supplies from abroad of woven fabrics of combed wool or of combed fine animal hair increased by 115% to 9.2M square meters in 2022. Overall, imports recorded a noticeable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair soared to $117M in 2022. In general, imports posted measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 82.0 | 46.2 | 48.6 | 96.4 | 5.5% |
Portugal | 4.6 | 2.8 | 2.4 | 6.5 | 12.2% |
China | 8.7 | 7.3 | 1.5 | 4.4 | -20.3% |
Czech Republic | 0.7 | 0.3 | 0.9 | 2.5 | 52.9% |
United Kingdom | 1.5 | 1.0 | 1.3 | 1.8 | 6.3% |
Romania | 0.6 | 0.9 | 0.5 | 1.5 | 35.7% |
Germany | 1.3 | 0.8 | 0.7 | 1.3 | 0.0% |
Others | 2.4 | 1.8 | 1.3 | 2.9 | 6.5% |
Total | 102 | 61.0 | 57.2 | 117 | 4.7% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Turkey in 2022:
- Italy (6.9M square meters)
- Portugal (0.7M square meters)
- China (0.6M square meters)
- Romania (0.2M square meters)
- Czech Republic (0.2M square meters)
- United Kingdom (0.1M square meters)
- Germany (0.1M square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey
In 2022, shipments abroad of woven fabrics of combed wool or of combed fine animal hair was finally on the rise to reach 2.8M square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt slump. The exports peaked at 3.7M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $22M in 2022. Overall, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports of reached the maximum at $31M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 2.3 | 2.3 | 2.6 | 3.0 | 9.3% |
Germany | 5.9 | 4.2 | 1.3 | 2.9 | -21.1% |
Japan | 1.6 | 1.0 | 1.1 | 1.6 | 0.0% |
Russia | 1.2 | 0.6 | 1.1 | 1.3 | 2.7% |
Spain | 1.0 | 0.3 | N/A | 1.0 | 0.0% |
Iran | 1.0 | 1.5 | 0.8 | 0.8 | -7.2% |
France | 1.6 | 0.6 | 0.4 | 0.8 | -20.6% |
United States | 0.2 | 0.1 | 1.3 | 0.8 | 58.7% |
Jordan | 0.7 | 0.4 | 0.4 | 0.8 | 4.6% |
Egypt | 0.8 | 0.2 | 0.3 | 0.7 | -4.4% |
Morocco | 0.5 | 0.1 | 0.2 | 0.7 | 11.9% |
Portugal | 0.3 | 0.2 | 0.3 | 0.6 | 26.0% |
India | 0.5 | N/A | 0.1 | 0.6 | 6.3% |
Others | 13.8 | 5.2 | 4.2 | 6.8 | -21.0% |
Total | 31.5 | 16.8 | 14.0 | 22.4 | -10.7% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Turkey in 2022:
- Germany (346.7K square meters)
- Romania (332.6K square meters)
- Russia (158.5K square meters)
- Japan (158.1K square meters)
- Jordan (139.7K square meters)
- United States (136.5K square meters)
- Spain (124.8K square meters)
- France (99.1K square meters)
- Morocco (92.0K square meters)
- Iran (87.7K square meters)
- Egypt (82.6K square meters)
- Portugal (78.8K square meters)
- India (78.7K square meters)
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