The market is dominated by domestic suppliers, as imports account for 20.1% of total market size in 2023. B2B drives market demand, with B2B spending representing 78.5% of total demand in 2023. Turkey has the largest market size for spinning of textile fibres; weaving of textiles regionally, with demand reaching USD17.9 billion in 2023. Koc Metalurji AS is the largest company in Turkey, generating 1.4% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 5.7% of total production value in 2023. The total number of companies increases in 2023, to 6,869 units. The costs of the industry increase by 3.9% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 44.7% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 37.3% of total production output. With production value of USD24.5 billion, Turkey accounts for 48.7% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Spinning of Textile Fibres; Weaving of Textiles in Turkey: ISIC 1711. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spinning of Textile Fibres; Weaving of Textiles in Turkey: ISIC 1711 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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