Turkey: Plaits And Basketwork Market 2024

Plaits And Basketwork Market Size in Turkey

The Turkish plaits and basketwork market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Plaits and basketwork consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Plaits And Basketwork Production in Turkey

In value terms, plaits and basketwork production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Plaits And Basketwork Exports

Exports from Turkey

For the third year in a row, Turkey recorded growth in shipments abroad of plaits, basketwork, wickerwork and similar products of plaiting materials, which increased by X% to X tons in 2022. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, plaits and basketwork exports skyrocketed to $X in 2022. In general, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus (X tons) was the main destination for plaits and basketwork exports from Turkey, with a X% share of total exports. Moreover, plaits and basketwork exports to Belarus exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was held by Iraq (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Iraq (X% per year).

In value terms, the United States ($X) remains the key foreign market for plaits, basketwork, wickerwork and similar products of plaiting materials exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with an X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Romania (X% per year).

Export Prices by Country

The average plaits and basketwork export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belarus ($X 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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports into Turkey

In 2022, after three years of growth, there was significant decline in overseas purchases of plaits, basketwork, wickerwork and similar products of plaiting materials, when their volume decreased by X% to X tons. In general, imports recorded a slight curtailment. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, plaits and basketwork imports rose notably to $X in 2022. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plaits and basketwork to Turkey, accounting for a X% share of total imports. Moreover, plaits and basketwork imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. Bangladesh (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Bangladesh (X% per year).

In value terms, China ($X) constituted the largest supplier of plaits, basketwork, wickerwork and similar products of plaiting materials to Turkey, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Bangladesh (X% per year).

Import Prices by Country

The average plaits and basketwork import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaits and basketwork import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 France ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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