Tufted Textile Fabric Market Overview in Turkey
In value terms, tufted textile fabric production reduced sharply to $ in 2019 estimated in export prices. In general, production, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2015 with an increase of % year-to-year. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to 2019, production remained at a lower figure.
The value of the tufted textile fabric market in Turkey shrank to $ in 2019, waning by -% 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). Overall, consumption recorded a abrupt setback. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.