1
TURKISH ECONOMY
AND
TURKISH CLOTHING SECTOR
ŞEREF FAYAT, CHAIRMAN, TCMA
2
TURKISH ECONOMY
2013
2014
2015
TARGETS
TURKISH LIRAS AGAINST DOLLAR (YEARLY AVERAGE)
1,91
2,19
2,60
ECONOMIC GROWTH %
4,2
2,9
3,0
NATIONAL INCOME BILLION DOLLAR
823
800
790
10.822
10.404
10.000
TOTAL PRIVATE SECTOR CONSUMPTION GROWTH %
5,1
1,3
2,5
INVESTMENT GROWTH %
4,4
-1,3
3,0
INDICATORS
PER CAPITA INCOME DOLLAR
3
TURKISH ECONOMY
2013
2014
2015
TARGETS
EXPORT BILLION DOLLAR
151,9
157,6
160,0
IMPORT BILLION DOLLAR
251,7
242,2
235,0
FOREIGN TRADE DECIFIT BILLION DOLLAR
-99,8
-84,6
-75,0
CURRENT ACCOUNT DEFICIT BILLION DOLLAR
-65,1
-45,8
-38,0
CURRENT ACCOUNT/GDP %
-7,9
-5,7
-4,8
CONSUMER PRICE INDEX %
7,4
8,2
7,5
PUBLIC DEFICIT /GDP %
-0,8
-1,0
-0,8
BUDGET DEFICIT /GDP%
-1,2
-1,5
-1,0
INDICATORS
4
READY MADE CLOTHING INDUSTRY EXPORT
EXPORT BILLION DOLLAR
20.00
18.74
17.35
18.00
16.18
16.11
2011
2012
16.00
14.60
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
2010
2013
2014
5
READY MADE CLOTHING INDUSTRY EXPORT
EXPORT BILLION EURO
16
14.1
14
12
13.2
11.1
11.7
12.3
10
8
6
4
2
0
2010
2011
2012
2013
2014
6
READY MADE CLOTHING INDUSTRY EXPORT; SUB GOODS AND ARTICLES
READY MADE CLOTHING EXPORT BILLION DOLLAR
12
10,15
10
9.23
8.42
8.39
8
7.73
6,26
6
5.12
4.64
5.71
5.43
4
2.14
1.84
2
2,33
2.19
1.90
0
2010
2011
KNITTED GOODS
2012
WOVEN GOODS
2013
OTHER GOODS AND ARTICLES
2014
READY MADE CLOTHING INDUSTRY EXPORT; SELECTED UNIT GOOD PRICES (EURO/KG)
2010
2011
2012
2013
2014
KNITTED MEN’S
SHIRTS
25,4
29,8
34,3
33,7
36,0
KONITTED WOMEN’S
BLOUSES AND
SHIRTS
22,4
26,3
27,4
28,9
29,4
MEN’S SUITS
JACKETS, TROUSERS
23,0
24,6
24,9
26,1
28,0
WOMEN’S SUITS,
JACKETS, DRESSES,
SKIRTS
29,3
32,4
32,7
34,5
35,3
WOMEN’S BLOUSES
AND SHIRTS
46,4
55,1
54,5
57,7
59,8
7
8
READY MADE CLOTHING INDUSTRY EXPORT, MAIN MARKETS
2010
2014
MARKET
EXPORT
MILLION DOLLAR
SHARE %
MARKET
EXPORT
MILLION DOLLAR
SHARE %
1
GERMANY
3.623
24,7
GERMANY
3.913
20,9
2
UNITED KONGDOM
2.067
14,1
UNITED KINGDOM
2.489
13,3
3
FRANCE
1.192
8,1
SPAIN
1.634
8,7
4
SPAIN
1.167
8,0
FRANCE
1.125
6,0
5
ITALY
731
5,0
NETHERLANDS
956
5,1
6
NETHERLAND
724
4,9
ITALY
699
3,7
7
DENMARK
437
3,0
IRAQ
674
3,6
8
USA
421
2,9
DENMARK
507
2,7
9
BELGIUM
401
2,7
ROMANIA
501
2,7
10
RUSSIA
280
1,9
USA
464
2,5
11
SWEDEN
279
1,9
POLAND
445
2,4
12
IRAQ
208
1,4
BELGIUM
405
2,2
13
ROMANIA
200
1,4
RUSSIA
351
1,9
14
AUSTRIA
144
1,0
UKRANIA
314
1,7
15
ISRAEL
134
0,9
SWEDEN
294
1,6
9
REDAY MADE CLOTHING INDUSTRY BRANDED GOODS EXPORT TO EMERGING MARKETS
EXPORT 2010
MILLION DOLLAR
EXPORT 2014
MILLION DOLAR
2010 -2014
CHANGE %
IRAQ
208
674
224
ROMANIA
200
501
151
RUSSIA
280
351
25
UKRAINE
77
314
308
S.ARABIA
95
289
204
LYBYA
66
144
118
EGYPT
58
128
121
TUNUSIA
92
99
8
IRAN
84
72
-14
ISRAEL
134
228
70
LEBANON
58
67
16
GREECE
132
116
-12
U.A.E
76
150
97
ALGERIA
70
164
134
1.630
3.297
103
MARKETS
TOTAL
10
READY MADE CLOTHING INDUSTRY EXPORT, EUROPEAN MARKETS
EU CLOTHING IMPORT AND TURKEY EXPORT TO EU BILLION EURO
160
146.4
142.6
140
137.8
135.3
130.1
120
100
80
60
40
20
10.7
11.2
11.1
11.5
11.8
0
2010
2011
2012
EU CLOTHING IMPORT
TURKEY CLOTHING EXPORT TO EU
2013
2014
11
READY MADE CLOTHING INDUSTRY IMPORT
IMPORT BILLION DOLLAR
3.50
2.96
3.00
2.80
2.87
2013
2014
2.56
2.50
2.34
2.00
1.50
1.00
0.50
0.00
2010
2011
2012
12
READY MADE CLOTHING EXPENDITURES
CLOTHING EXPENDITURES BILLION DOLLAR
30.0
28.0
26.4
27.0
26.3
26.9
25.0
20.0
17.6
16.2
17.5
14.1
15.0
12.4
10.0
5.0
0.0
2010
2011
HOUSEHOLDS CLOTHING EXPENDITURES
2012
2013
ORGANIZED RETAIL MARKET CLOTHING EXPENDITURES
2014
13
READY MADE CLOTHING EXPENDITURES
TOURISTS CLOTHING EXPENDITURE MILLION DOLALR
4,000
3,660
3,428
3,500
3,060
3,000
2,500
2,746
2,335
2,000
1,500
1,000
500
0
2010
2011
2012
2013
2014
14
READY MADE CLOTHING INDUSTRY EXPECTATIONS FOR 2015
2014
2015
TARGETS
EXPORT BILLION DOLLARS
18,74
19,0-19,5
IMPORT BILLION DOLLARS
2,87
2,80
INDSUSTRIAL PRODUCTION GROWTH %
0,1
1,0
CLOTHING EXPENDITURES BILLION DOLLARS
26,9
26,0
ORGANIZED RETAIL CLOTHING EXPENDITURES BILLION DOLLARS
17,5
17,0
INDICATORS
TURKISH CLOTHING SECTOR 2023 OUTLOOKS
TCMA CONTINUES AS A DRIVER FOR THE SECTOR BY “HORIZON 2023”
52 BILLION
DOLLAR
EXPORT
HORIZON
2023
ROAD MAP FOR THE
TURKISH CLOTHING
SECTOR
50 BILLION
DOLLAR
LOCAL
MARKET
15
16
COTTON IMPORTS OF TURKEY
IMPORT FROM US
TOTAL IMPORT
YEARS
TONNES
MILLION DOLLAR
TONNES
MILLION DOLLAR
2010
431.170
797,3
889.165
1.720,0
2011
419.449
1.300,3
603.950
1.850,0
2012
295.266
653,7
613.611
1.274,9
2013
444.266
869,4
869.174
1.681,4
2014
450.226
915,0
913.088
1.750,1
ISTANBUL FASHION CONFERENCE
• Save the date: 14-15 October 2015
Hilton Convention Center, Istanbul
8th Istanbul Fashion Conference & 31th World Fashion Convention
• This year TGSD has an international partner IAF (International Apparel
Federation) in organising the conference.
• Expecting around 800 visitors same as last years.
• 1st day: Famous and important key note speakers and sessions
• 2nd day: B2B meetings between manufacturers and buyers