Turkey is a member of NATO and a founding member of the Organization for Economic Cooperation and Development and a member of the G20. With a strong industrial foundation, it is another emerging economy born after the "BRICs", and it is also one of the fastest-growing countries in the world.(Suntech)
Overview of the Turkish Textile Industry
As one of the pillars of Turkey's national economy, the textile and clothing industries account for 5.5% of the country’s gross product and 17.5% of the country’s gross industrial output. About one in seven people in China are engaged in the textile industry. The total output value of the textile and clothing industry accounts for 19% of the manufacturing output, the number of employees accounts for about 20% of the manufacturing industry, and the total export value accounts for about 30% of the manufacturing industry.
The technological level of the Turkish textile industry is in the leading position in the world, and the textile and apparel supporting industries, such as knitting, dyeing, printing, and decoration, are very developed. Turkish carpets, home textiles, and home furnishing products, and fur and leather products are also known as the "Three Treasures of Textiles" and are the most unique product categories in the Turkish textile industry.
Due to its location in an important trading hub, Turkey has become one of Europe's largest textile and apparel suppliers. Many European fashion brands also like to purchase in Turkey. Today, Turkey's total import and export trade volume ranks among the top ten in the world. According to Technavio data, the Turkish textile industry will develop at a compound annual growth rate of 10%.
Turkish textile imports
It can be seen that the textile and clothing industries in Turkey are quite developed. Because Turkey is small and has a small population, Turkey cannot mass produce textile raw materials, nor can it fully produce all textiles. Raw materials and individual textiles need to be imported.
In terms of overall imports, Turkey's textile imports have been stable in the past five years. In 2020, Turkey's total imports of textile products will reach 11.899 billion U.S. dollars; related products imported from China will reach 2.89 billion U.S. dollars, accounting for nearly 1/4 of Turkey's total imports.
Fabric accessories & ready-to-wear
Fabric accessories are the main products imported by Turkey, and imports account for up to 69%.
The main reasons are: Turkey's textile costs and power prices are relatively high, its wage costs are 3-4 times that of Southeast Asian countries, and its mass production capacity is not as good as that of Southeast Asian countries. The Turkish government provides incentives for the processing of imported materials. After processing imported materials and exporting them to a third country, they can be exempted from tariffs and value-added tax after applying for an import license.
The garment is the second largest category of textile products imported by Turkey, with imports accounting for 21%. In 2020, the value of Turkish imports of apparel products reached 2.484 billion U.S. dollars, of which 29% came from China.
Luggage
In 2020, Turkey's imported luggage products amount to 238 million U.S. dollars. Turkey's luggage imports are mainly from China, and more than 1/2 of the luggage imports are from China.
Shoe material
Turkey's shoemaking capacity ranks third in Europe after Italy and Spain, and its main export markets are Russia and the Middle East. Turkey has a large import demand for shoe materials and chemical materials. In 2020, imported shoe products will reach 734 million US dollars.
Textile machinery
Turkey's demand for textile machinery is also very large. In the past, Turkey was dominated by European textile machinery. However, in recent years, as the performance and competitiveness of Chinese textile machinery products have gradually increased, more and more textile companies in Turkey and surrounding areas have begun to consider options. China Textile Machinery Products. The final products in the Turkish market are oriented to Europe and the United States. To avoid competition with Southeast Asian companies such as China, most of the orders are small batches of multiple varieties and high-quality requirements. The requirements for textile machinery are differentiated, and requirements for machine performance, automation, and labor input costs are required. Relatively high.
As a well-known textile machinery manufacturer in China, Suntech has been deeply involved in the textile machinery field for 50 years. It specializes in the development and production of fabric inspection machines, packaging machines, rapier looms, axle magazines, axle carts, and other intelligent textile machinery. It is internationally renowned. Welcome to inquire.