Turkey - Artificial Filament Tow - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 10, 2024

Turkey - Artificial Filament Tow - Market Analysis, Forecast, Size, Trends And Insights

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Artificial Filament Tow Price in Turkey - 2023

Contents:

  1. Artificial Filament Tow Price in Turkey (CIF) - 2023
  2. Artificial Filament Tow Price in Turkey (FOB) - 2023
  3. Artificial Filament Tow Imports in Turkey
  4. Artificial Filament Tow Exports in Turkey

Artificial Filament Tow Price in Turkey (CIF) - 2023

In September 2023, the average artificial filament tow import price amounted to $6,688 per ton, rising by 7.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.0%. The pace of growth was the most pronounced in October 2022 when the average import price increased by 9.2% m-o-m. The import price peaked in September 2023.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from China ($7,844 per ton) and South Korea ($7,031 per ton), while the price for Japan ($6,243 per ton) and Belgium ($6,684 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Filament Tow Price in Turkey (FOB) - 2023

The average artificial filament tow export price stood at $5,872 per ton in September 2023, with an increase of 18% against the previous month. Over the period under review, the export price, however, saw a mild slump. The pace of growth was the most pronounced in April 2023 when the average export price increased by 23% month-to-month. The export price peaked at $7,086 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a 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 Lebanon ($8,971 per ton), while the average price for exports to Ukraine ($4,742 per ton) 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 Belgium (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Filament Tow Imports in Turkey

In 2022, the amount of artificial filament tow imported into Turkey skyrocketed to 28K tons, jumping by 26% compared with 2021. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, artificial filament tow imports skyrocketed to $129M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Artificial Filament Tow in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium32.234.740.353.218.2%
Germany12.914.912.324.724.2%
South Korea31.825.122.021.2-12.6%
Japan12.25.99.021.120.0%
United StatesN/A0.30.36.7372.6%
Russia4.94.03.10.9-43.2%
Others2.12.40.91.0-21.9%
Total96.287.388.012910.3%

Top Suppliers of Artificial Filament Tow to Turkey in 2022:

  1. Belgium (11.9K tons)
  2. Germany (5.4K tons)
  3. South Korea (5.0K tons)
  4. Japan (3.6K tons)
  5. United States (1.3K tons)
  6. Russia (0.2K tons)

Artificial Filament Tow Exports in Turkey

In 2022, overseas shipments of artificial filament tow increased by 459% to 750 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, artificial filament tow exports soared to $3.7M in 2022. Overall, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Artificial Filament Tow in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A7030%
Poland5.415.6N/A677400.5%
Romania451N/A53.35315.6%
RussiaN/A68.545.4443154.3%
Ukraine63.0104N/A32071.9%
Czech RepublicN/AN/AN/A2610%
Lithuania39.4N/AN/A21876.9%
Jordan939N/A65.1176-42.8%
GreeceN/AN/AN/A1390%
IranN/AN/A59.589.951.1%
Belgium3.493.82.685.1192.5%
GeorgiaN/A770N/AN/A0%
Netherlands574N/A0.4N/A-97.4%
Others26455.528067.9-36.4%
Total2,3391,1075063,71116.6%

Top Export Markets for Artificial Filament Tow from Turkey in 2022:

  1. Egypt (147.3 tons)
  2. Poland (128.5 tons)
  3. Romania (95.7 tons)
  4. Ukraine (70.8 tons)
  5. Russia (67.8 tons)
  6. Czech Republic (54.7 tons)
  7. Lithuania (46.5 tons)
  8. Jordan (38.7 tons)
  9. Iran (31.2 tons)
  10. Greece (31.1 tons)
  11. Belgium (22.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the artificial filament tow 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 20602120 - Artificial filament tow and staple fibres (not carded, combed or otherwise processed for spinning), of viscose rayon
  • Prodcom 20602140 - Artificial filament tow, of acetate
  • Prodcom 20602190 - Other artificial filament tow and staple fibres (not carded, c ombed or otherwise processed for spinning)

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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In March 2023, Artificial Filament Tow imports saw a significant 53% month-on-month growth. However, by December 2023, the value of imports had decreased sharply to $13M.

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Jan 9, 2023
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In September 2022, the artificial filament tow price stood at $4,677 per ton (CIF, Turkey), rising by 1.5% against the previous month.

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In value terms, artificial filament yarn imports totaled $X in 2016. In general, artificial filament yarn imports continue to indicate a slight shrinkage. Over the period under review, global artif...

Which Country Exports the Most Artificial Filament Yarn in the World?
Jul 26, 2018
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In value terms, artificial filament yarn exports totaled $X in 2016. Overall, artificial filament yarn exports continue to indicate a deep deduction. Global artificial filament yarn export peaked o...

December 2023 Sees a Significant Drop in Turkey's Imported Filament Tow to $13M
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In March 2023, Artificial Filament Tow imports saw a significant 53% month-on-month growth. However, by December 2023, the value of imports had decreased sharply to $13M.

Artificial Filament Tow Price in Turkey Increases Slightly to $4,677 per Ton
Jan 9, 2023
Eye 408

In September 2022, the artificial filament tow price stood at $4,677 per ton (CIF, Turkey), rising by 1.5% against the previous month.

Which Country Imports the Most Artificial Filament Yarn in the World?
Jul 26, 2018
Eye 1314

In value terms, artificial filament yarn imports totaled $X in 2016. In general, artificial filament yarn imports continue to indicate a slight shrinkage. Over the period under review, global artif...

Which Country Exports the Most Artificial Filament Yarn in the World?
Jul 26, 2018
Eye 981

In value terms, artificial filament yarn exports totaled $X in 2016. Overall, artificial filament yarn exports continue to indicate a deep deduction. Global artificial filament yarn export peaked o...

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