Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey - 2024
Contents:
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey (CIF) - 2022
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey (FOB) - 2024
- Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey
- Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey (CIF) - 2022
In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $2,983 per ton, increasing by 19% against the previous year. In general, the import price, however, continues to indicate a slight decline. The import price peaked at $4,129 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,050 per ton), while the price for Italy ($2,356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey (FOB) - 2024
In March 2024, the average export price for yarn of other vegetable textile fibres; paper yarns amounted to $5,084 per ton, reducing by -31.7% against the previous month. In general, the export price, however, enjoyed a modest increase. The growth pace was the most rapid in February 2024 when the average export price increased by 68% month-to-month. As a result, the export price attained the peak level of $7,439 per ton, and then contracted remarkably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($30,748 per ton), while the average price for exports to Greece ($1,695 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey
In 2022, overseas purchases of yarn of other vegetable textile fibres; paper yarns decreased by -11.5% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 111% against the previous year. As a result, imports attained the peak of 2.1K tons, and then declined in the following year.
In value terms, imports of yarn of other vegetable textile fibres; paper yarns rose remarkably to $5.5M in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 127% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
Import of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.0 | 0.7 | 2.1 | 2.2 | 30.1% |
Italy | 0.5 | 1.1 | 1.8 | 1.9 | 56.0% |
Spain | N/A | 0.1 | 1.1 | 1.2 | 246.4% |
Others | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
Total | 1.7 | 2.3 | 5.2 | 5.5 | 47.9% |
Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Turkey in 2022:
- Italy (801.0 tons)
- China (535.8 tons)
- Spain (483.2 tons)
Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey
In 2022, approx. 376 tons of yarn of other vegetable textile fibres; paper yarns were exported from Turkey; waning by -30.9% compared with 2021 figures. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 8.6%. As a result, the exports reached the peak of 544 tons, and then contracted rapidly in the following year.
In value terms, exports of yarn of other vegetable textile fibres; paper yarns shrank significantly to $1.4M in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $2.3M, and then fell sharply in the following year.
Export of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 118 | 101 | 267 | 224 | 23.8% |
Italy | 2.9 | N/A | 0.5 | 213 | 318.8% |
United States | 287 | 292 | 394 | 181 | -14.2% |
United Kingdom | 91.8 | 232 | 239 | 117 | 8.4% |
Israel | 56.7 | 106 | 74.2 | 98.9 | 20.4% |
Denmark | 157 | 160 | 543 | 93.9 | -15.7% |
Kuwait | 288 | 162 | 74.1 | 93.4 | -31.3% |
Bulgaria | 315 | 145 | 122 | 61.4 | -42.0% |
Czech Republic | 28.8 | 35.2 | 83.6 | 45.2 | 16.2% |
Australia | 19.2 | 19.4 | 33.5 | 30.0 | 16.0% |
Belarus | 32.6 | 70.2 | 52.0 | 18.2 | -17.7% |
Brazil | N/A | 5.0 | 10.9 | 17.5 | 87.1% |
Lebanon | 51.2 | 42.3 | N/A | 0.1 | -87.5% |
Others | 331 | 392 | 375 | 253 | -8.6% |
Total | 1,780 | 1,763 | 2,268 | 1,446 | -6.7% |
Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Turkey in 2022:
- United Arab Emirates (114.7 tons)
- Israel (42.7 tons)
- Kuwait (42.2 tons)
- United States (23.8 tons)
- Italy (21.8 tons)
- Bulgaria (17.1 tons)
- Australia (15.5 tons)
- United Kingdom (11.8 tons)
- Brazil (11.0 tons)
- Denmark (9.4 tons)
- Czech Republic (6.3 tons)
- Belarus (5.8 tons)
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