Updated Jan 9, 2023 19:47

Horsehair Imports in Turkey

Horsehair imports into Turkey surged to tons in , with an increase of % compared with the previous year's figure. Over the period under review, imports, however, showed a mild slump. The pace of growth appeared the most rapid in 2010 with an increase of %. As a result, imports attained the peak of tons. From 2011 to , the growth of imports remained at a lower figure.

In value terms, horsehair imports rose rapidly to $ in . Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in with an increase of % against the previous year. Imports peaked at $ in 2011; however, from 2012 to , imports failed to regain momentum.

Imports by Country
China ( tons) and Argentina ( tons) were the main suppliers of horsehair imports to Turkey.

From 2007 to , the biggest increases were recorded for Argentina (with a CAGR of +%).

In value terms, China ($) constituted the largest supplier of horsehair to Turkey, comprising % of total imports. The second position in the ranking was taken by Argentina ($), with an % share of total imports.

From 2007 to , the average annual rate of growth in terms of value from China amounted to +%.

Import Prices by Country
In , the average horsehair import price amounted to $ per ton, shrinking by -% against the previous year. Over the period under review, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2008 when the average import price increased by %. Over the period under review, average import prices hit record highs at $ per ton in , and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In , amid the top importers, the country with the highest price was China ($ per ton), while the price for Argentina totaled $ per ton.

From 2007 to , the most notable rate of growth in terms of prices was attained by Turkmenistan (+%), while the prices for the other major suppliers experienced mixed trend patterns.