What is the price of cotton per kilogram/pound in Turkey today?
The retail price range for Turkey cotton is between US$ 2.38 and US$ 3.57 per kilogram or between US$ 1.08 and US$ 1.62 per pound(lb). Click here to see today's exact prices of cotton in Turkey
The retail price range in Turkish Lira for cotton is between TRY 47.20 and TRY 70.80 per kilogram or between TRY 21.40 and TRY 32.11 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey cotton is between US$ 1.67 and US$ 2.50 per kilogram or between US$ 0.76 and US$ 1.13 per pound(lb).
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Turkey Cotton Export Prices - Historical, Trends and Prediction
The export price of cotton from Turkey over the last five years has been relatively stable. In 2017, the price was 1.40 US dollars per kilogram, followed by 1.45 US dollars per kilogram in 2018. In 2019, the price dropped to 1.34 US dollars per kilogram, before increasing to 1.60 US dollars per kilogram in 2021. The most recent data shows that the export price of cotton from Turkey is 1.33 US dollars per kilogram in 2020. Based on this trend, it is predicted that the export price of cotton from Turkey in 2023 will be around 1.63 US dollars per kilogram and in 2024 it will be around 2.16 US dollars per kilogram.The cotton exports from Turkey are classified as:
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, carded or combed (HS code 520300)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, neither carded nor combed (HS code 520100)
- Garnetted stock of cotton (HS code 520291)
- Cotton linters (HS code 140420)
Turkey Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into Turkey over the last five years has been relatively stable. In 2017, the price was $1.40, followed by $1.45 in 2018, $1.34 in 2019, $1.33 in 2020 and $1.60 in 2021. This indicates a slight increase in the price of Cotton over the last five years. However, the price of Cotton in 2021 is still lower than the price in 2017. Looking ahead, we can predict that the price of Cotton in Turkey will continue to increase in the coming years. We can expect the price to reach $2.13 in 2022 and further increase to $2.20 in 2023 and $2.27 in 2024.Export values for Turkey cotton
The total values in export for cotton in Turkey were US$ 197,267, US$ 203,904, US$ 255,023 and US$ 234,994 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Turkey: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Middle East: Bahrain cotton, Cyprus cotton, Iraq cotton, Israel cotton, Jordan cotton, Kuwait cotton, Lebanon cotton, Palestine cotton, Oman cotton & Qatar cotton.
Turkey cotton - Production, Exports, Imports, Seasons and HS Codes
The amount of cotton sold by Turkey in 2020 was 164,794 metric tonnes. In 2019 Turkey exported 189,801 tonnes of cotton. For the year 2019 alone, the demand for Turkey cotton (processed category) has surged, changing by 8.12 pc compared to the year 2018. Between 2017 and 2019, cotton's exports grew by 29.86 percent netting Turkey US$234.99m for the year 2019. Turkey's cotton exports are categorised as:
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, neither carded nor combed (HS code 520100)
- Garnetted stock of cotton (HS code 520291)
- Cotton linters (HS code 140420)
- Cotton, carded or combed (HS code 520300)
- Cotton yarn waste, incl. thread waste (HS code 520210)
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Turkey cotton export values
In 2019, Turkey shipped cotton valued at 234.99m USD, a decrease of -7.86% from 2018's total cotton export of 255.023m USD. The yearly change in value of Turkey cotton between 2017 to 2018 was 25.07 pc.
The annual/yearly change in the volume of Turkey's cotton exports between 2017 and 2019 was 29.86 per cent in comparison to a variation of 8.12% in the period between 2018 and 2019.
Export markets for Turkey cotton ( in '000$ )
Turkey's best performing export markets for cotton are Estonia, Spain, Sweden, Slovenia and Tunisia.
Turkey purchased 950,617 tonnes of cotton in 2019.