Turkey - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSewing Thread Price in Turkey - 2023
Contents:
- Sewing Thread Price in Turkey (CIF) - 2023
- Sewing Thread Price in Turkey (FOB) - 2023
- Sewing Thread Imports in Turkey
- Sewing Thread Exports in Turkey
Sewing Thread Price in Turkey (CIF) - 2023
In July 2023, the average sewing thread import price amounted to $5,122 per ton, dropping by -8.4% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 5% month-to-month. The import price peaked at $5,701 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($10,208 per ton), while the price for Oman ($3,561 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Sewing Thread Price in Turkey (FOB) - 2023
The average sewing thread export price stood at $8,171 per ton in July 2023, reducing by -12.2% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 20% month-to-month. Over the period under review, the average export prices reached the peak figure at $9,664 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Romania ($14,622 per ton), while the average price for exports to Iran ($2,382 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Thread Imports in Turkey
In 2022, purchases abroad of sewing thread of man-made filaments or staple fibers increased by 8.4% to 12K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, sewing thread imports amounted to $61M in 2022. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sewing Thread in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 30.8 | 25.5 | 32.4 | 37.2 | 6.5% |
China | 10.8 | 9.1 | 10.2 | 10.5 | -0.9% |
Oman | N/A | 1.5 | 3.2 | 3.8 | 59.2% |
Uzbekistan | N/A | 0.1 | 1.0 | 1.4 | 274.2% |
Tunisia | 0.5 | 1.7 | 1.6 | 1.0 | 26.0% |
Nepal | 0.1 | 0.3 | 0.5 | 0.8 | 100.0% |
Cambodia | 9.0 | 7.7 | 0.6 | N/A | -74.2% |
Bangladesh | 3.5 | 3.1 | 0.4 | N/A | -66.2% |
Others | 5.8 | 7.5 | 8.3 | 5.8 | 0.0% |
Total | 60.5 | 56.4 | 58.2 | 60.6 | 0.1% |
Top Suppliers of Sewing Thread to Turkey in 2022:
- Bangladesh (undefinedK tons)
- Egypt (7.4K tons)
- Oman (2.1K tons)
- China (1.3K tons)
- Uzbekistan (0.4K tons)
- Nepal (0.2K tons)
- Tunisia (0.2K tons)
Sewing Thread Exports in Turkey
In 2022, approx. 6.5K tons of sewing thread of man-made filaments or staple fibers were exported from Turkey; picking up by 16% on 2021. The total export volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, sewing thread exports rose significantly to $51M in 2022. The total export value 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. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
Export of Sewing Thread in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 5.6 | 3.7 | 4.7 | 4.8 | -5.0% |
Georgia | 1.1 | 1.2 | 1.3 | 4.5 | 59.9% |
Russia | 2.2 | 2.2 | 3.8 | 4.5 | 26.9% |
Romania | 4.6 | 4.0 | 4.2 | 3.8 | -6.2% |
Poland | 3.4 | 3.5 | 3.5 | 2.9 | -5.2% |
United States | 1.2 | 1.7 | 2.1 | 2.8 | 32.6% |
Tunisia | 0.3 | 0.3 | 0.6 | 2.5 | 102.7% |
Serbia | 1.9 | 2.0 | 2.8 | 2.0 | 1.7% |
Bulgaria | 2.2 | 1.8 | 2.2 | 1.9 | -4.8% |
Ukraine | 0.8 | 0.6 | 0.8 | 1.3 | 17.6% |
Belarus | 0.9 | 0.6 | 0.7 | 1.2 | 10.1% |
Iran | 0.4 | 0.5 | 1.1 | 1.0 | 35.7% |
Uzbekistan | 0.6 | 0.4 | 0.6 | 0.8 | 10.1% |
Others | 17.2 | 13.9 | 16.5 | 16.9 | -0.6% |
Total | 42.5 | 36.5 | 44.9 | 51.1 | 6.3% |
Top Export Markets for Sewing Thread from Turkey in 2022:
- Georgia (662.2 tons)
- Russia (517.4 tons)
- Tunisia (469.1 tons)
- Serbia (442.8 tons)
- Romania (355.8 tons)
- United States (290.0 tons)
- Hungary (288.2 tons)
- Bulgaria (268.3 tons)
- Iran (248.5 tons)
- Poland (241.4 tons)
- Ukraine (225.9 tons)
- Belarus (210.4 tons)
- Uzbekistan (182.4 tons)
This report provides an in-depth analysis of the sewing thread market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13108510 - Sewing thread of man-made filaments
- Prodcom 13108550 - Sewing thread of man-made staple fibres
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Based on July 2023 data, imports of Sewing Thread surged by +79.7% compared to March 2023 figures. In terms of value, sewing thread imports reached $5.7 million in July 2023.
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
Based on July 2023 data, imports of Sewing Thread surged by +79.7% compared to March 2023 figures. In terms of value, sewing thread imports reached $5.7 million in July 2023.
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...