Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey (FOB) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey (CIF) - 2022
  3. Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey
  4. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey (FOB) - 2022

The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $6,573 per ton in 2022, picking up by 20% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $6,581 per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($10,585 per ton), while the average price for exports to Azerbaijan ($3,437 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 Kazakhstan (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $10,306 per ton, with an increase of 62% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 when the average import price increased by 88%. As a result, import price reached the peak level of $21,664 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($41,144 per ton), while the price for Egypt ($6,458 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey

After three years of growth, shipments abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -24.1% to 2.6K tons in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 237% against the previous year. As a result, the exports reached the peak of 3.4K tons, and then shrank dramatically in the following year.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted fell to $17M in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 217%. As a result, the exports attained the peak of $18M, and then reduced in the following year.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus3794373,6842,99099.1%
Kyrgyzstan1717315,7632,276137.0%
Italy12992.01,2632,197157.3%
Ukraine3253001,0061,54168.0%
Russia9376654491,51517.4%
Tunisia11664.31011,166115.8%
Greece20.7387445972260.8%
Netherlands3791,01378470322.9%
Azerbaijan23.3N/AN/A519181.4%
France23933132849927.8%
KazakhstanN/A54.0250444186.7%
Germany402406553338-5.6%
Bulgaria4003441,576245-15.1%
Others1,1991,0012,2701,3694.5%
Total4,7195,82718,47316,77452.6%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Turkey in 2022:

  1. Belarus (497.8 tons)
  2. Italy (372.7 tons)
  3. Kyrgyzstan (324.3 tons)
  4. Russia (231.3 tons)
  5. Ukraine (202.1 tons)
  6. Greece (190.9 tons)
  7. Azerbaijan (151.1 tons)
  8. Tunisia (110.2 tons)
  9. Netherlands (80.6 tons)
  10. Kazakhstan (67.8 tons)
  11. France (59.0 tons)
  12. Germany (37.9 tons)
  13. Bulgaria (36.0 tons)

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey

In 2022, purchases abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -61.1% to 248 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 294% against the previous year. As a result, imports attained the peak of 637 tons, and then dropped sharply in the following year.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped markedly to $2.6M in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 304%. As a result, imports reached the peak of $4.1M, and then fell remarkably in the following year.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1346883,8431,333115.1%
Italy2.18.428.9788621.3%
Spain94.699.812522533.5%
China11.81.811.7145130.8%
TurkmenistanN/A201N/AN/A0%
Others1003.744.762.1-14.7%
Total3431,0034,0532,55395.2%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Turkey in 2022:

  1. Egypt (206.4 tons)
  2. Italy (19.1 tons)
  3. Spain (12.6 tons)
  4. China (8.1 tons)

Source: IndexBox Market Intelligence Platform

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