Turkey - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton bag Price in Turkey - 2023
Contents:
- Price Forecast for Sacks And Bags Of Cotton in Turkey till 2025
- Cotton bag Price in Turkey (FOB) - 2023
- Cotton bag Price in Turkey (CIF) - 2023
- Turkey Cotton bag Exports
- Turkey Cotton bag Imports
Price Forecast for Sacks And Bags Of Cotton in Turkey till 2025
Cotton bag Price in Turkey (FOB) - 2023
In January 2023, the average cotton bag export price amounted to $14.6 per kg, waning by -7.7% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 an increase of 95% month-to-month. The export price peaked at $19.1 per kg in October 2022; however, from November 2022 to January 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($18.2 per kg), while the average price for exports to Georgia ($4,256 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton bag Price in Turkey (CIF) - 2023
In January 2023, the average cotton bag import price amounted to $12.0 per kg, growing by 12% against the previous month. Overall, the import price saw a modest expansion. The pace of growth was the most pronounced in September 2022 an increase of 336% m-o-m. The import price peaked at $15.0 per kg in April 2022; however, from May 2022 to January 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was Italy ($15.9 per kg), while the price for China ($9,127 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Turkey Cotton bag Exports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Thousand USD | |||||
| France | 29.0 | 310 | 421 | 581 | 171.6% |
| United States | 38.8 | 82.1 | 327 | 402 | 118.0% |
| Germany | 58.4 | 120 | 147 | 258 | 64.1% |
| Austria | 6.4 | 61.2 | 89.5 | 140 | 179.7% |
| Netherlands | 13.5 | 20.1 | 123 | 115 | 104.2% |
| United Kingdom | 6.5 | 47.2 | 124 | 102 | 150.4% |
| Spain | 16.1 | 38.6 | 8.8 | 97.4 | 82.2% |
| Croatia | N/A | 0.1 | 9.9 | 54.2 | 2228.1% |
| Israel | 32.7 | 12.2 | 31.1 | 42.2 | 8.9% |
| Iraq | 3.6 | 7.7 | 22.3 | 20.5 | 78.6% |
| United Arab Emirates | 66.5 | 54.3 | 39.9 | 12.2 | -43.2% |
| Sudan | N/A | N/A | N/A | 11.7 | 0% |
| Azerbaijan | 82.6 | 47.1 | 3.5 | 3.9 | -63.9% |
| Others | 315 | 155 | 251 | 154 | -21.2% |
| Total | 669 | 956 | 1,599 | 1,995 | 43.9% |
Top Export Markets for Sacks and bags of cotton from Turkey 2022:
- United States (50.9 tons)
- France (37.4 tons)
- Germany (14.6 tons)
- Netherlands (8.3 tons)
- United Arab Emirates (7.8 tons)
- Iraq (7.5 tons)
- Israel (7.2 tons)
- Austria (6.9 tons)
- Spain (5.4 tons)
- United Kingdom (4.9 tons)
- Sudan (3.8 tons)
- Croatia (3.2 tons)
- Azerbaijan (0.7 tons)
In 2022, after three years of growth, there was significant decline in overseas shipments of sacks and bags of cotton, when their volume decreased by -9.6% to 172 tons. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 88% against the previous year. As a result, the exports attained the peak of 191 tons, and then declined in the following year.
In value terms, cotton bag exports surged to $2M in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
Turkey Cotton bag Imports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Thousand USD | |||||
| Italy | 154 | 49.9 | 71.9 | 104 | -12.3% |
| Netherlands | 8.8 | 3.8 | 1.8 | 19.0 | 29.2% |
| India | 65.6 | 50.7 | 38.3 | 18.9 | -34.0% |
| China | 77.4 | 39.5 | 22.1 | 16.3 | -40.5% |
| France | 1.8 | 0.6 | 1.0 | 9.0 | 71.0% |
| Others | 3.1 | 1.4 | 22.0 | 8.2 | 38.3% |
| Total | 310 | 146 | 157 | 175 | -17.4% |
Top Suppliers of Sacks and bags of cotton to Turkey 2022:
- Italy (7.0 tons)
- Netherlands (2.6 tons)
- India (2.1 tons)
- China (1.0 tons)
- France (0.6 tons)
In 2022, supplies from abroad of sacks and bags of cotton increased by 39% to 14 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt setback. Imports peaked at 21 tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, cotton bag imports amounted to $175K in 2022. Over the period under review, imports, however, showed a abrupt descent. Over the period under review, imports hit record highs at $310K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
This report provides an in-depth analysis of the cotton bag 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 13922130 - Sacks and bags, of cotton, used for packing goods
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
-
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
222
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This report provides an in-depth analysis of the cotton bag market in Turkey.
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135
Between 2016 and 2023, the growth of Cotton Bag exports did not pick up pace. The value of Cotton Bag exports climbed to $2.9M in 2023.
614
In January 2023, the cotton bag price stood at $14,609 per ton (FOB, Turkey), dropping by -7.7% against the previous month.
268
From April 2023 to December 2023, the growth of Sack And Bag exports remained at a somewhat lower figure. In value terms, Sack And Bag exports shrank to $24M in December 2023.
124
Learn about the projected growth of the global cotton sacks and bags market, with consumption expected to rise over the next six years. By 2030, the market volume is forecasted to reach 140K tons, while the market value is projected to reach $1.6B.
216
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
809
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
1194
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
135
Between 2016 and 2023, the growth of Cotton Bag exports did not pick up pace. The value of Cotton Bag exports climbed to $2.9M in 2023.
614
In January 2023, the cotton bag price stood at $14,609 per ton (FOB, Turkey), dropping by -7.7% against the previous month.
268
From April 2023 to December 2023, the growth of Sack And Bag exports remained at a somewhat lower figure. In value terms, Sack And Bag exports shrank to $24M in December 2023.
