Turkey - Nonwoven Fabric - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNonwoven Fabric Price in Turkey Increases to $2,970 per Ton for Consecutive Two Months
Turkey Nonwoven Fabric Export Price in December 2022
In December 2022, the nonwoven fabric price stood at $2,970 per ton (FOB, Turkey), surging by 3.9% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $2,989 per ton in June 2022; afterwards, it flattened through to December 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Iran ($4,364 per ton), while the average price for exports to Uzbekistan ($2,219 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Turkey Nonwoven Fabric Exports
In December 2022, after two months of decline, there was growth in shipments abroad of nonwoven fabrics, when their volume increased by 0.2% to 21K tons. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 when exports increased by 20% month-to-month. As a result, the exports attained the peak of 28K tons. From April 2022 to December 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, nonwoven fabric exports rose modestly to $63M (IndexBox estimates) in December 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 when exports increased by 22% m-o-m. Over the period under review, the exports attained the peak figure at 79K tons in March 2022; however, from April 2022 to December 2022, the exports failed to regain momentum.
Turkey Nonwoven Fabric Exports by Country
The UK (1.9K tons), the United States (1.8K tons) and Italy (1.4K tons) were the main destinations of nonwoven fabric exports from Turkey, with a combined 24% share of total exports. Egypt, the Czech Republic, Germany, Algeria, Iran, Israel, Morocco, Russia, Poland and Uzbekistan lagged somewhat behind, together accounting for a further 40%.
From December 2021 to December 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +13.6%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($6.8M), the UK ($5.8M) and the Czech Republic ($4.2M) constituted the largest markets for nonwoven fabric exported from Turkey worldwide, together comprising 27% of total exports. These countries were followed by Iran, Egypt, Italy, Germany, Algeria, Russia, Morocco, Israel, Poland and Uzbekistan, which together accounted for a further 41%.
In terms of the main countries of destination, Uzbekistan, with a CAGR of +15.1%, saw 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.
Rising Costs and High Demand Cause Nonwoven Fabric Prices to Skyrocket in Turkey
Over the past two months, the nonwoven fabric market in Turkey has experienced a significant increase in pricing. This upward trend can be traced back to a number of factors, including a rise in raw material costs, increased demand for nonwoven fabrics in various industries, and a shortage of supply.
It is important to note that this surge is not unique to Turkey – other regions around the world have seen similar price hikes in the nonwoven fabric market. However, the situation in Turkey is particularly noteworthy due to the country's position as a key producer and exporter of nonwoven fabrics.
As industry experts continue to monitor this trend, many are recommending that companies take action to mitigate the impact of rising nonwoven fabric prices on their bottom lines. Some strategies include looking for alternative raw materials or exploring new markets to sell nonwoven fabrics. With the market showing few signs of slowing down, those in the industry must be proactive in adjusting to this new reality.
This report provides an in-depth analysis of the nonwoven 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 13951010 - Non-wovens of a weight . .25 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
- Prodcom 13951020 - Non-wovens of a weight of > .25 g/m. but . .70 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
- Prodcom 13951030 - Non-wovens of a weight of > .70 g/m. but . .150 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
- Prodcom 13951050 - Non-wovens of a weight of > .150 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
- Prodcom 13951070 - Non-wovens, coated or covered (including articles made from non-wovens) (excluding articles of apparel)
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
