Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey - 2024

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey (CIF) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey (FOB) - 2024
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey (CIF) - 2022

The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $9.8 per square meter in 2022, with an increase of 3.2% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for woven fabrics of carded wool or of carded fine animal hair increased by +50.5% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 28% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($13 per square meter), while the price for Greece ($3.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey (FOB) - 2024

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $7.8 per square meter in January 2024, dropping by -27.8% against the previous month. In general, the export price saw a noticeable contraction. The pace of growth was the most pronounced in March 2023 an increase of 125% against the previous month. As a result, the export price reached the peak level of $20.0 per square meter. From April 2023 to January 2024, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($16.4 per square meter), while the average price for exports to North Macedonia ($6.6 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 Finland (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey

In 2022, supplies from abroad of woven fabrics of carded wool or of carded fine animal hair was finally on the rise to reach 4.4M square meters for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 carded wool or of carded fine animal hair surged to $43M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy23.018.022.733.713.6%
China4.44.13.45.25.7%
United Kingdom0.90.70.71.16.9%
EgyptN/A0.10.30.7164.6%
Greece0.11.90.30.681.7%
Others1.61.01.52.07.7%
Total30.025.828.943.413.1%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Turkey in 2022:

  1. Italy (2801.4K square meters)
  2. China (1163.4K square meters)
  3. Greece (167.7K square meters)
  4. United Kingdom (89.7K square meters)
  5. Egypt (66.8K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey

Exports of woven fabrics of carded wool or of carded fine animal hair from Turkey reduced to 295K square meters in 2022, with a decrease of -8.7% on 2021 figures. Over the period under review, exports showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 9.7%. Over the period under review, the exports of reached the maximum at 331K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair rose sharply to $1.6M in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan24417629235713.5%
Italy16789.212.02067.2%
United Kingdom26.013013010760.3%
Spain49.82.620.310026.2%
Germany54.622.862.088.317.4%
Iran12397.117479.6-13.5%
North Macedonia50.4N/A0.672.212.7%
Romania8.050.94.068.1104.2%
Belarus18150.112041.7-38.7%
Georgia2.27.824.338.0158.5%
Uzbekistan15.224.852.331.727.8%
Serbia44.727.131.130.4-12.1%
Ukraine14.315.72.216.44.7%
Others649611574405-14.5%
Total1,6291,3051,4991,6410.2%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Turkey in 2022:

  1. Azerbaijan (45.0K square meters)
  2. Ukraine (27.1K square meters)
  3. Uzbekistan (22.8K square meters)
  4. Serbia (21.3K square meters)
  5. Romania (18.8K square meters)
  6. Italy (18.4K square meters)
  7. Iran (15.0K square meters)
  8. North Macedonia (14.0K square meters)
  9. Spain (13.6K square meters)
  10. Germany (11.3K square meters)
  11. United Kingdom (11.0K square meters)
  12. Belarus (8.3K square meters)
  13. Georgia (8.0K square meters)

Source: IndexBox Market Intelligence Platform

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