Turkey - Pantyhose And Tights - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTurkey's September 2023 Pantyhose Export Sees a Modest Decline, Reaching $24M
Turkey Pantyhose Exports
In September 2023, exports of pantyhose and tights from Turkey expanded sharply to 14M pairs, surging by 9.8% on August 2023. Overall, exports, however, saw a perceptible slump. The most prominent rate of growth was recorded in August 2023 when exports increased by 78% month-to-month. The exports peaked at 18M pairs in September 2022; however, from October 2022 to September 2023, the exports remained at a lower figure.
In value terms, pantyhose exports contracted modestly to $24M (IndexBox estimates) in September 2023. In general, exports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in August 2023 with an increase of 68% m-o-m. Over the period under review, the exports reached the maximum at 28M pairs in September 2022; however, from October 2022 to September 2023, the exports remained at a lower figure.
| COUNTRY | Export Value of Pantyhose in Turkey (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
| United Kingdom | 6.5 | 4.9 | 4.2 | 4.5 | 2.8 | 3.4 | 4.0 | 2.7 | 2.7 | 2.5 | 2.8 | 5.8 | 5.8 |
| Germany | 5.0 | 4.7 | 3.9 | 3.5 | 4.0 | 2.2 | 3.3 | 2.1 | 3.0 | 5.3 | 4.2 | 4.7 | 3.4 |
| France | 1.6 | 1.3 | 0.6 | 0.8 | 0.7 | 0.7 | 1.3 | 1.0 | 0.8 | 1.4 | 1.6 | 1.6 | 1.6 |
| Netherlands | 1.1 | 1.0 | 0.7 | 0.7 | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.5 | 0.6 | 0.9 | 1.2 |
| Spain | 1.8 | 2.0 | 2.1 | 1.0 | 1.2 | 1.3 | 0.6 | 0.5 | 0.7 | 0.6 | 0.3 | 0.8 | 0.9 |
| Slovakia | 0.8 | 0.2 | 0.4 | 0.5 | < 0.1 | 0.3 | 0.3 | < 0.1 | < 0.1 | 0.4 | 0.2 | 0.5 | 0.3 |
| Algeria | 0.3 | 0.2 | 0.2 | 0.1 | 0.2 | < 0.1 | 0.2 | < 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 |
| Others | 10.8 | 8.5 | 9.5 | 8.0 | 7.7 | 8.0 | 8.8 | 4.8 | 5.9 | 5.8 | 4.7 | 10.1 | 10.6 |
| Total | 27.8 | 22.8 | 21.8 | 19.0 | 17.3 | 16.6 | 19.2 | 11.9 | 13.9 | 16.7 | 14.5 | 24.4 | 23.8 |
Exports by Country
The UK (2.8M pairs) was the main destination for pantyhose exports from Turkey, with a 21% share of total exports. Moreover, pantyhose exports to the UK exceeded the volume sent to the second major destination, Germany (1M pairs), threefold. France (809K pairs) ranked third in terms of total exports with a 5.9% share.
From September 2022 to September 2023, the average monthly growth rate of volume to the UK totaled -1.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-6.4% per month) and France (-0.9% per month).
In value terms, the UK ($5.8M), Germany ($3.4M) and France ($1.6M) appeared to be the largest markets for pantyhose exported from Turkey worldwide, together accounting for 45% of total exports. These countries were followed by the Netherlands, Spain, Slovakia and Algeria, which together accounted for a further 11%.
the Netherlands, with a CAGR of +1.0%, saw 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 a decline.
Export Prices by Country
In September 2023, the pantyhose price stood at $1.8 per pair (FOB, Turkey), dropping by -11.1% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in June 2023 an increase of 15% m-o-m. As a result, the export price reached the peak level of $2,148 per thousand pairs. From July 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Germany ($3.3 per pair), while the average price for exports to Algeria ($222 per thousand pairs) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the pantyhose 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 14311033 - Panty hose and tights, of knitted or crocheted synthetic fibres, m easuring per single yarn < .67 decitex
- Prodcom 14311035 - Panty hose and tights, of knitted or crocheted synthetic fibres, m easuring per single yarn . .67 decitex
- Prodcom 14311037 - Panty hose and tights, of textiles (excluding those of knitted or crocheted synthetic fibres)
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
