Report Update Nov 1, 2024

Turkey - Cotton Embroidery in the Piece - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in Turkey

The Turkish cotton embroidery market shrank rapidly to $X in 2022, dropping by -45.8% against the previous year. Over the period under review, consumption, however, recorded significant growth. Cotton embroidery consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Cotton Embroidery Production in Turkey

In value terms, cotton embroidery production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, showed a tangible increase. The growth pace was the most rapid in 2017 with an increase of 162% against the previous year. Cotton embroidery production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Cotton Embroidery Exports

Exports from Turkey

In 2022, cotton embroidery exports from Turkey shrank modestly to X tons, waning by -3.4% compared with 2021. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 173%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cotton embroidery exports soared to $X in 2022. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 200%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Austria (X tons), Spain (X tons) and Bulgaria (X tons) were the main destinations of cotton embroidery exports from Turkey, with a combined 80% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +189.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cotton embroidery exported from Turkey were Spain ($X), Austria ($X) and Bulgaria ($X), with a combined 88% share of total exports.

Austria, with a CAGR of +142.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cotton embroidery export price amounted to $X per ton, jumping by 37% against the previous year. In general, the export price posted a mild expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 185% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Egypt ($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 Bulgaria (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Embroidery Imports

Imports into Turkey

In 2022, the amount of cotton embroidery in the piece imported into Turkey soared to X tons, increasing by 127% against 2021. Overall, imports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2021 when imports increased by 155%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, cotton embroidery imports surged to $X in 2022. In general, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main cotton embroidery supplier to Turkey, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +4.1%.

In value terms, China ($X) constituted the largest supplier of cotton embroidery in the piece to Turkey.

From 2012 to 2022, the average annual growth rate of value from China totaled -6.1%.

Import Prices by Country

In 2022, the average cotton embroidery import price amounted to $X per ton, shrinking by -43.8% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 54%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -9.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cotton embroidery in the piece in the world?

The countries with the highest volumes of in 2021 were China, Turkey and Italy, together comprising 26% of global consumption. These countries were followed by the United States, Spain, Indonesia, Senegal, Brazil, India, Japan, Vietnam, Gambia and Russia, which together accounted for a further 28%.

What are the largest producers of cotton embroidery in the piece in the world?

The country with the largest volume of cotton embroidery production was China, comprising approx. 30% of total volume. Moreover, cotton embroidery production in China exceeded the figures recorded by the second-largest producer, Turkey, threefold. India ranked third in terms of total production with an 8.7% share.

What are the leading suppliers of cotton embroidery in the piece to Turkey?

In value terms, China constituted the largest supplier of cotton embroidery to Turkey.

What are the leading importers of cotton embroidery in the piece from Turkey?

In value terms, Spain, Bulgaria and Austria constituted the largest markets for cotton embroidery exported from Turkey worldwide, with a combined 87% share of total exports.

What is the average export price for cotton embroidery in the piece in Turkey?

In 2021, the average cotton embroidery export price amounted to $24,346 per ton, waning by -2.4% against the previous year.

What is the average import price for cotton embroidery in the piece in Turkey?

In 2021, the average cotton embroidery import price amounted to $16,646 per ton, reducing by -7% against the previous year.

This report provides an in-depth analysis of the cotton embroidery 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 13991250 - Cotton embroidery in the piece, in strips or in motifs

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023