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Turkey - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Turkey - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 31, 2023

Turkey's Textile Wadding Price Grows Markedly to $5,240 per Ton

Turkey Textile Wadding Export Price in January 2023

In January 2023, the textile wadding price stood at $5,240 per ton (FOB, Turkey), picking up by 5.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in June 2022 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices reached the maximum in January 2023.

There were significant differences in the average prices for the major foreign markets. In January 2023, the country with the highest price was Georgia ($10,322 per ton), while the average price for exports to Italy ($2,436 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 Azerbaijan (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Textile Wadding in Turkey (USD per ton)
Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Georgia3,4664,3215,3175,5376,53511,23316,1208,8799,32610,8718,9939,41610,322
Romania5,1094,8575,3045,2235,4795,1245,0985,0395,5995,9565,5166,1549,053
Azerbaijan2,4563,7213,38910,3646,0736,5108,5448,3869,8807,31411,6298,6009,048
UzbekistanN/A4,3753,3815,54810,1895,3025,9298,1325,9485,7545,8915,9017,787
Sudan5,5885,6445,4525,1915,5425,9045,4205,9906,2935,9965,7709,7736,105
Bulgaria3,9264,1394,1134,6004,6054,8314,6794,1773,7984,5926,3135,3985,199
United States6,2564,2724,8564,7185,1154,7984,6145,6054,9705,0865,1505,0944,922
France3,9834,0943,9944,1244,1644,1454,0734,1164,0584,4094,1444,5524,763
Poland3,8235,0292,6983,1512,5073,7982,4111,9452,3451,9422,1473,2754,434
United Kingdom4,8555,2414,7434,2604,7774,8555,0164,5195,2025,1515,5433,2063,999
Spain3,5883,8413,5722,7563,4673,4503,1913,8582,2193,3953,0353,6863,970
Germany3,3723,4163,3453,3003,2623,2633,7273,1883,5793,5263,9703,8053,391
Italy2,2741,6482,2831,5566,7773,2582,500N/A2,2126,7611,3804,0102,436
Average4,1314,2854,1204,0854,0764,5154,7434,1984,6384,9775,0254,9865,240

Turkey Textile Wadding Exports

Textile wadding exports from Turkey rose sharply to 2K tons in January 2023, increasing by 14% against December 2022. The total export volume increased at an average monthly rate of +2.1% over the period from January 2022 to January 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2022 with an increase of 26% m-o-m.

In value terms, textile wadding exports soared to $10M (IndexBox estimates) in January 2023. Over the period under review, total exports indicated a tangible expansion from January 2022 to January 2023: its value increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, exports decreased by -4.3% against September 2022 indices. The pace of growth was the most pronounced in June 2022 with an increase of 36% m-o-m.

Turkey Textile Wadding Exports by Country

Germany (540 tons), the United States (307 tons) and Georgia (125 tons) were the main destinations of textile wadding exports from Turkey, together accounting for 49% of total exports. These countries were followed by Spain, Azerbaijan, Poland, Uzbekistan, France, Italy, Sudan, the UK, Bulgaria and Romania, which together accounted for a further 32%.

From January 2022 to January 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +41.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($1.8M), the United States ($1.5M) and Georgia ($1.3M) constituted the largest markets for textile wadding exported from Turkey worldwide, together accounting for 44% of total exports. Azerbaijan, Uzbekistan, Romania, Sudan, Poland, France, Spain, Bulgaria, the UK and Italy lagged somewhat behind, together accounting for a further 34%.

Uzbekistan, with a CAGR of +49.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the textile wadding 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 13991400 - Textile flock and dust and mill neps
  • Prodcom 17221240 - Wadding, other articles of wadding

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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