Sewing Thread Market Overview in Turkey
In value terms, sewing thread production rose significantly to $ in estimated in export prices. In general, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2012 when the production volume increased by % y-o-y. As a result, production attained the peak level of $. from 2013 to , production growth remained at a somewhat lower figure.
The size of the sewing thread market in Turkey stood at $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a remarkable increase. The most prominent rate of growth was recorded in 2012 when the market value increased by % y-o-y. Over the period under review, the market reached the peak level in and is expected to retain growth in the near future.