Turkey Textiles and Clothing Industry Update Quarter 4 2009

• Publication date: October 2009

Turkey is a major global textile and clothing (T&C) producing country, with a dynamic and generally well capitalised market focused on serving key geographic industry s – principally Europe, Russia and the Middle East. BMI ranks it as number 17 in the world in terms of T&C manufacturing value added. In nominal terms, we estimate that to have been worth US Dollar 20.87bn in 2008. The market has been facing quite strong competitive pr...

Turkey is a major global textile and clothing (T&C) producing country, with a dynamic and generally
well capitalised market focused on serving key geographic industry s – principally Europe, Russia and the
Middle East. BMI ranks it as number 17 in the world in terms of T&C manufacturing value added. In
nominal terms, we estimate that to have been worth US Dollar 20.87bn in 2008. The market has been facing
quite strong competitive pressures in recent years, with the challenge from low-cost Asian producers
forcing a process of restructuring and downsizing. The next two years of recession in almost all its key
export industry s will see more of the same. However, the more agile Turkish industry players will be able to
preserve industry share in key product sectors and position themselves for the recovery.
Overall Turkish T&C value added will fall by 12.0% in 2009 and by 0.6% in 2010, reflecting very
difficult international economic conditions. We see a moderate recovery from 2011, with growth of 1.9%.
The market ’s trade performance will also reflect the especially difficult international economic situation
and the collapse of European demand. T&C exports will drop 10.0% to US Dollar 24.97bn, while imports will
fall by 17.0% to US Dollar 7.38bn. As a result, the country will register a T&C trade surplus of US Dollar 17.59, a
little lower than in 2008.

Clothing And Textile Industry in Asia

Executive Summary .5
Industry SWOT Analysis .........6
Turkey Textile SWOT ...... 6
Turkey Clothing SWOT.... 6
Turkey Political Environment and Risk Analysis .... 7
Turkey Economic Environment and Risk Analysis . 7
Turkey Business Environment SWOT............ 8

Industry Analysis .......9
Industry Trends And Developments ...10
General ............ 10
General: Past Headlines .. 11
Cotton.............. 11
Cotton: Past Headlines.... 12
Synthetics ........ 12
Synthetics: Past Headlines ............. 12
Textiles ............ 12
Textiles: Past Headlines.. 13
Clothing........... 13
Clothing: Past Headlines. 13
Turkey Industry Outlook .........14
Textile And Clothing Industry Outlook .......... 14
Textiles ............ 14
Clothing........... 14
Data : Textiles And Clothing Production And International Trade, from 2006 to 2013 ......... 15
Data : Textiles And Clothing Production And International Trade – Long-Term Projections , from 2011 to 2018 . 16

Macroeconomic Data 17
Data : Turkey Economic Activity, from 2006 to 2013 ............. 19
World Textiles And Clothing Industry Overview 20
Background: International Trade In Textiles. 21
Output And Trends.22
World Fibres Industry Outlook ..............24
Cotton.............. 24
Wool . 26
Data : World Fibre Prices ............. 27
Synthetic Fibres .............. 27
Company Profiles...29
AKSU.............. 29
Menderes Tekstil ............ 31
World Assumptions .............32
Data : BMI’s World Assumptions, from 2007 to 2013 ........... 32
Data : World And Regional Real Gross Domestic Product Growth, from 2008 to 2011 ....... 33
Data : Developed Industry Exchange Rates, from 2008 to 2011 (average).............. 34
Data : Key Emerging Industry Exchange Rates, from 2008 to 2011 (average against USD ).... 34
Country Snapshot: Turkey Demographic Data .35

Section I : Population...... 35
Data : Demographic Indicators, 2005-2030.. 35
Data : Rural/Urban Breakdown, 2005-2030 . 36

Section II : Education And Healthcare ........... 36
Data : Education, from 2002 to 2005 ......... 36
Data : Vital Statistics, 2005-2030.. 36

Section III : Labour Industry And Spending Power.......... 37
Data : Employment Indicators, from 2001 to 2006 ... 37
Data : Consumer Expenditure, from 2000 to 2012 (US$)........ 37
Methodology ...........38