Turkiye’s home textile exports to US unlikely to surpass 2021 figures

Turkiye’s exports of home textiles to the US had recorded a consistent increase till 2021 when it soared to $1,590.728 million from $1,224.894 million in 2020. Industry experts believe that as most of the world’s population was confined to their homes in 2020 due to the COVID-19 pandemic and lockdowns, and were forced to work from home, the consumption and purchase of home textiles increased drastically during that period. 

Turkiye’s exports of home textiles to the US soared to more than double in 2021 compared to the shipment of $725.660 million in 2017. The country had exported home textile products worth $815.040 million in 2018 and $920.750 million in 2019, according to Fibre2Fashion’s market insight tool TexPro. 

Turkiye’s home textiles exports to the US in the year 2022 are unlikely to surpass the shipment of 2021. As the golden period of home textiles that started during the pandemic globally has ended, the shipment from Turkiye to the US slowed down to reach $961.116 million in the first ten months of in 2022, which was far behind of the figure of 2021.

The outbound shipment stood at $961.116 million in the first ten months of 2022. On a quarterly basis, the exports amounted to $260.682 million in Q3 2022, $313.563 million in Q2 2022 and $295.701 million in Q1 2022, as per TexPro. 

Fibre2Fashion News Desk (KUL)