Turkey: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Turkey

In 2022, the Turkish market for polyester tow and staple, not carded, combed or otherwise processed for spinning increased by 8.2% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed prominent growth. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Turkey

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning fell notably to $X in 2022 estimated in export price. In general, production, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 363%. Production of peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports from Turkey

In 2022, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -2.9% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 132%. The exports peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning soared to $X in 2022. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 105%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons), Spain (X tons) and Italy (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Turkey, together accounting for 52% of total exports. Israel, Slovenia, Poland, the United States, France, Russia, Belgium, North Macedonia, Finland and Ukraine lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +133.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Turkey were Germany ($X), Italy ($X) and Spain ($X), together accounting for 52% of total exports. Israel, Slovenia, Poland, the United States, France, Russia, Belgium, North Macedonia, Finland and Ukraine lagged somewhat behind, together accounting for a further 41%.

In terms of the main countries of destination, Finland, with a CAGR of +127.4%, 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.

Export Prices by Country

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, increasing by 25% against the previous year. Overall, the export price, however, recorded a slight descent. The growth pace was the most rapid in 2021 when the average export price increased by 31%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Ukraine ($X per ton) and the United States ($X per ton), while the average price for exports to North Macedonia ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports into Turkey

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were imported into Turkey; reducing by -1.6% against 2021 figures. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +17.8% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 36%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning surged to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Malaysia (X tons), China (X tons) and India (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Turkey, together accounting for 59% of total imports. South Korea, Egypt, Taiwan (Chinese), Vietnam and Iran lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +30.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Turkey were Malaysia ($X), China ($X) and South Korea ($X), together accounting for 58% of total imports.

Among the main suppliers, South Korea, with a CAGR of +27.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, growing by 18% against the previous year. In general, the import price, however, saw a mild decrease. The growth pace was the most rapid in 2021 an increase of 30% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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