Turkey: Textile Tubing Market 2024

Textile Tubing Market Size in Turkey

The Turkish textile tubing market expanded modestly to $X in 2022, surging by 3.7% against the previous year. Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +78.8% against 2016 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Textile Tubing Production in Turkey

In value terms, textile tubing production reached $X in 2022 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 22% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Textile Tubing Exports

Exports from Turkey

In 2022, approx. X tons of textile hosepiping and similar textile tubing were exported from Turkey; declining by -23.3% on the previous year's figure. Overall, exports, however, showed perceptible growth. The growth pace was the most rapid in 2013 when exports increased by 123% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, textile tubing exports fell remarkably to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 101%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X tons) was the main destination for textile tubing exports from Turkey, with a 26% share of total exports. Moreover, textile tubing exports to Hungary exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. Iraq (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary stood at +119.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-9.2% per year) and Iraq (+10.0% per year).

In value terms, Hungary ($X), the United Arab Emirates ($X) and Uzbekistan ($X) appeared to be the largest markets for textile tubing exported from Turkey worldwide, with a combined 30% share of total exports.

Hungary, with a CAGR of +92.3%, recorded the highest growth rate of 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

The average textile tubing export price stood at $X per ton in 2022, picking up by 7.9% against the previous year. Overall, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 34%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Hungary ($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 Uzbekistan (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

Textile Tubing Imports

Imports into Turkey

In 2022, purchases abroad of textile hosepiping and similar textile tubing increased by 59% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 147%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, textile tubing imports surged to $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +87.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of textile tubing imports to Turkey, with a combined 94% share of total imports. Taiwan (Chinese) lagged somewhat behind, accounting for a further 3%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +112.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest textile tubing suppliers to Turkey were Germany ($X), the United States ($X) and China ($X), together accounting for 89% of total imports. These countries were followed by Taiwan (Chinese), which accounted for a further 2.2%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +77.3%, saw the highest growth rate of 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 textile tubing import price stood at $X per ton in 2022, falling by -19.9% against the previous year. Over the period under review, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of 167% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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