Home Textile Exports February 2022

4
HTE
Fairs care for
pandemic but
exports don’t!
Home Textile Exports
Group Chairman
Publisher
H.Ferruh ISIK
ISTMAG Magazin Gazetecilik
Yayıncılık İç ve Dış Ticaret Ltd. Şti.
Managing Editor
(Responsible)
Mehmet SOZTUTAN
(mehmet.soztutan@img.com.tr)
We were set to run in Europe in the first month of 2022 to make a fast start to
the new year but Heimtexil, Domotex and IMM were all cancelled again. We will
be heading to different geographies as long as we find open markets as we did
throughout 2021.
Advisory Board
Osman Nuri CANIK
Ufuk OCAK
Hilmi GULCEMAL
Pınar TASDELEN
Ayse Mehtap EKINCI
Post-covid syndrome is diagnosed in human health mostly for blood d-dimer level
after recovery from covid. The world industries have been suffering post-covid
syndrome although it is not completely past or passed yet. Due to the shortage
of raw materials and a strong recovery in demand, the prices of linen, cotton and
polyester have risen by more than 30% in the last six months.
Editorial Consultants
Assoc. Prof. Mehmet Ali OZBUDUN
Inkrit BERBEE
(inkrit@lobsterconcepts.nl)
Milou KET
(studio@milouket.com)
Dr. Rolf ARORA
With increased demand from the textile industry, global cotton stocks fell to a
three-year low. Although cotton production is projected to increase by 5% in
2021, the demand will outpace supply which will raise prices further. In the
medium term, the main driver of growth in the cotton market will be the demand
for textiles from the growing global population.
According to a recent report by the World Bank, the average price for raw cotton
in the first quarter of 2021 was $1.64 per kg, which is 3% higher than the average
price in 2020. In the fourth quarter of 2021, prices are projected to rise to
$1.72 per kg.
The highest growth rates for the industry and demand for cotton are expected
in Pakistan, India, Bangladesh, Vietnam, Turkey and China. The first four countries
mentioned are becoming center points for the global textile industry due
to cheap labor. In China and Turkey, the populations’ rising incomes will make
production less competitive. Although Turkey’s case is a little more positive, it
is assumed that domestic production will not be able to fully meet the demand
of the industry in China, and the country will have to increase its imports. So,
there is a huge potential and challenging opportunities in that great land for our
exporters.
Correspondents
Domestic
Advertising Manager
International
Sales Manager
Technical Manager
Art Director
Chief Accountant
Subscription
Elke ARORA
Adem SACIN
(adem.sacin@img.com.tr)
+90 505 577 36 42
Omer Faruk GORUN
(omer.gorun@img.com.tr)
Ayca SARIOGLU
(ayca.sarioglu@img.com.tr)
Tel: +90 212 604 5100
Tayfun AYDIN
(tayfun.aydin@img.com.tr)
Tolga CAKMAKLI
(tolga.cakmakli@img.com.tr)
Yusuf DEMIRKAZIK
(yusuf.demirkazik@img.com.tr )
Ismail OZCELIK
(ismail.ozcelik@img.com.tr)
We continue running. All industries in Turkey are the same. Despite pandemic,
our country broke records after record in exports. According to the 2021 report
of the Turkish Exporters Assembly, the total exports of all sectors in November
increased by 33.44% compared to 16 billion dollars in the same month of the
previous year and amounted to 21.5 billion dollars. Our annual exports reached
221 billion dollars. The top three markets in our exports have been Germany, the
UK and the USA, respectively.
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Fax: +90 332 238 01 74
Mehmet SOZTUTAN
(mehmet.soztutan@img.com.tr)
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