Turkey - Woven Fabrics Of Cotton - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThe Average Price of Cotton Fabric in Turkey Is $3.5 per Square Meter
Turkey Cotton Fabric Export Price in July 2023
In July 2023, the cotton fabric price amounted to $3.5 per square meter (FOB, Turkey), leveling off at the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 12% against the previous month. Over the period under review, the average export prices hit record highs at $3.7 per square meter in October 2022; however, from November 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Spain ($7.5 per square meter), while the average price for exports to Iran ($1.8 per square meter) 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 Spain (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
COUNTRY | Export Price of Cotton Fabric in Turkey (USD per square meter) | ||||||||||||
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Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
Spain | 4.4 | 5.6 | 4.4 | 3.6 | 3.2 | 3.5 | 4.3 | 3.8 | 3.9 | 2.9 | 3.3 | 4.3 | 7.5 |
Italy | 4.3 | 4.1 | 5.5 | 4.7 | 5.4 | 3.1 | 4.3 | 5.0 | 5.1 | 4.2 | 3.8 | 3.7 | 5.0 |
Morocco | 2.3 | 2.2 | 2.0 | 1.9 | 2.1 | 2.4 | 2.4 | 2.8 | 2.4 | 2.3 | 1.9 | 3.0 | 3.7 |
Tunisia | 2.4 | 2.3 | 2.4 | 2.9 | 2.8 | 2.4 | 2.0 | 2.9 | 2.5 | 2.5 | 2.7 | 2.3 | 2.4 |
Egypt | 1.6 | 2.1 | 1.8 | 2.5 | 1.8 | 1.9 | 1.5 | 1.5 | 1.6 | 2.1 | 1.9 | 2.1 | 2.0 |
Iran | 1.4 | 1.8 | 1.5 | 2.4 | 2.0 | 2.1 | 2.6 | 1.8 | 6.0 | 2.0 | 2.1 | 2.8 | 1.8 |
China | 2.7 | 2.4 | 2.7 | 2.4 | 2.1 | 2.3 | 2.3 | 2.1 | 2.2 | 2.0 | 2.1 | 1.9 | 1.8 |
Average | 3.5 | 3.3 | 3.5 | 3.7 | 3.7 | 3.6 | 3.3 | 3.6 | 3.6 | 3.4 | 3.1 | 3.5 | 3.5 |
Turkey Cotton Fabric Export Prices by Type
As there is only one major exported type of cotton fabric, the average price level is determined by prices for woven fabrics of cotton, containing 85% or more by weight of cotton, weighing more than 200g/m2.
From July 2022 to July 2023, the rate of growth in terms of prices for woven fabrics of cotton, containing 85% or more by weight of cotton, weighing more than 200g/m2 amounted to +0.2% per month.
Turkey Cotton Fabric Exports
Cotton fabric exports from Turkey shrank notably to 16M square meters in July 2023, reducing by -18.4% on June 2023 figures. In general, exports saw a mild curtailment. The most prominent rate of growth was recorded in May 2023 when exports increased by 34% against the previous month. As a result, the exports attained the peak of 26M square meters. From June 2023 to July 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, cotton fabric exports shrank significantly to $55M (IndexBox estimates) in July 2023. Overall, exports recorded a slight shrinkage. The growth pace was the most rapid in September 2022 when exports increased by 30% month-to-month. As a result, the exports reached the peak of $90M. From October 2022 to July 2023, the growth of the exports remained at a somewhat lower figure.
Turkey Cotton Fabric Exports by Type
Woven fabrics of cotton, containing 85% or more by weight of cotton, weighing more than 200g/m2 (16M square meters) was the largest type of cotton fabric exported from Turkey, accounting for a approximately 100% share of total exports.
From July 2022 to July 2023, the average monthly rate of growth in terms of the volume of export of woven fabrics of cotton, containing 85% or more by weight of cotton, weighing more than 200g/m2 totaled -1.5%.
In value terms, woven fabrics of cotton, containing 85% or more by weight of cotton, weighing more than 200g/m2 ($26M), woven fabrics of cotton, containing 85% or more by weight of cotton, weighing not more than 200 g/m2 ($15M) and woven fabrics of cotton, containing less than 85% by weight of cotton, mixed mainly or solely with man-made fibres, weighing more than 200g/m2 ($8.6M) were the most exported types of woven fabrics of cotton from Turkey worldwide, with a combined 90% share of total exports. Woven fabrics of cotton, containing less than 85% by weight of cotton, mixed mainly or solely with man-made fibres, weighing not more than 200 g/m2 and other woven fabrics of cotton, n.e.s. in chapter 52 lagged somewhat behind, together accounting for a further 9.8%.
Other woven fabrics of cotton, n.e.s. in chapter 52, with a CAGR of +1.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main product categories over the period under review, while shipments for the other products experienced a decline.
Turkey Cotton Fabric Exports by Country
Tunisia (2.8M square meters), Egypt (2.4M square meters) and Italy (1.6M square meters) were the main destinations of cotton fabric exports from Turkey, with a combined 42% share of total exports. China, Iran, Morocco, Hong Kong, Russia, Germany, Spain, Serbia, the UK and Bangladesh lagged somewhat behind, together accounting for a further 35%.
From July 2022 to July 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong (with a CAGR of +13.7%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for cotton fabric exported from Turkey were Italy ($7.9M), Tunisia ($6.8M) and Egypt ($4.8M), with a combined 35% share of total exports. These countries were followed by Spain, Morocco, Germany, China, Iran, Serbia, the UK, Bangladesh, Russia and Hong Kong, which together accounted for a further 31%.
In terms of the main countries of destination, Hong Kong, with a CAGR of +6.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the cotton fabric 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 13202020 - Woven fabrics of cotton weighing . .100 g/m., for medical gauzes, bandages and dressings
- Prodcom 13202060 - Woven fabrics of denim cotton weighing > .200 g/m. (including denim other than blue)
- Prodcom 132020Z1 - Cotton fabrics, . .200 g/m. (excluding gauze and coloured yarns)
- Prodcom 132020Z2 - Cotton fabrics, > .200 g/m. (excluding coloured yarns)
- Prodcom 132020Z3 - Woven fabrics of cotton of yarns of different colours (excluding denim)
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