Turkey, which has made a name for itself in the world with its position as a textile manufacturer, in fact captured an important place in textile machinery production. The textile sector, which is considered as one of the locomotive sectors of Turkish industry, is among the main items of the country's exports.
Turkish textile manufacturers come up with the solution in imports to meet the demand in textile machinery that comes to the fore with continuous new investments and ongoing revision on modernization studies. The most challenging issue is the cost of financing when it comes to support of domestic production by the Turkish textile manufacturers in technology investments. One of the most important arguments spoken out by foreign technology manufacturers in their textile machinery marketing is the privilege of long-term financing with low interest rates.
Anyone Benefits with Cost Considered Financing
The efforts to be remedying this issue, a case lived for years by the sector representatives, seemed to be far away from a solution for the sector as of now, except a rare publishing in media. Türk Eximbank is surely in this category...
Although Turkey's first textile machinery export has been on a small scale since the 90s, it has reached significant heights today. Turkish textile machinery is exported to 150 countries from Europe to the Middle East. While most of the Turkish textile machinery manufacturers, with their own resources making it possible to level imports or at least the prices of imported machinery, by financing the sales in the Turkish market, despite everything, our textile machinery imports are setting a new record in 2021.
2021 Imports Will Exceed Two Billion Dollars
According to TÜİK data, Turkish textile manufacturers imported a total of 651 million 986 thousand 915 dollars in the first quarter of 2021. Textile machinery imports, which was 377 million 965 thousand 581 dollars in the same period of 2020, recorded a significant increase of 72.49 percent. Our textile machinery imports are expected to exceed 2 billion dollars by the end of 2021.
While the import of machines used for drawing and texturing synthetic or artificial materials suitable for weaving under the classification of machines that manufacture, weave and cut fibers in weaving materials with the number 8444 in GTİP, was 27 million 948 thousand 704 dollars in the January-April period of 2020, while it was 62 million 184 thousand 497 dollars with an increase of 122.49 % in the same period of 2021.
Year 2020 1. our imports, around 48 million 206 thousand 791 dollars in the first quarter import data, in the same period of 2021, it was recorded as 97 million 837 thousand 751 dollars with an increase of 102.95 percent in the category of textile machines for the preparation of textile fibers, spinning, folding, twisting and preparation of yarns with GTIP number 8445.
Among the products coded GTIP 8446, there are weaving machines (looms). According to the first quarter data of 2020, the Turkish textile industry, which made an import of 56 million 689 thousand 527 dollars, reached an import of 145 million 138 thousand 430 dollars with an increase of 156% in the same period of 2021.
Stability Maintained in Knitting Machines and Accessories
Knitting looms specified with the number of GTIP 8447, knitting machines and various devices for the production of knitting, tulle, lace, netting; Household circular knitting machines with floating needles, industrial circular knitting machines with spherical needles, household flat knitting machines, industrial flat knitting machines, household sewing-knitting machines, industrial sewing knitting machines, processing machines, tape and slipper machines, other tulle and lace machines are listed as. The import figures of machines numbered 8447 were 99 million 638 thousand 597 dollars in the January-April period of 2020, and 116 million 244 thousand 061 dollars in 2021.
8448 coded auxiliary machinery, devices and parts-parts (jacquard, shuttle, comb, production nozzles, platinum, crochet etc.) for textile machines. In the first quarter of 2020, imports for textile machinery accessories were 51 million 597 thousand 487 dollars in total, while in 2021 this figure reached 62 million 259 thousand 870 dollars.
Another Record Figure from Nonwoven Machinery Import
Machinery and devices for the production and finishing of felt or non-woven fabric specified with code 8449 in TÜİK data; On the other hand, in the export item of flat molds, it is said that more imports were made compared to last year. While imports were realized as 31 million 692 thousand 886 dollars in the first quarter of 2020, this rate increased dramatically by 89.43 percent in 2021 and reached 60 million 036 thousand 047 dollars.
Washing, cleaning, drying, ironing, wrapping, folding etc. of woven yarns with code GTIP 8451. For the machinery, the import figure of 59 million 126 thousand 143 dollars in January-April 2020 had already achieved a very significant increase. In the same period of 2021, it reached the import level of 95 million 964 thousand 172 dollars with an increase of 62.3%.
According to the data of the Turkey Statistics Institution, although the textile machinery imports increased by 72 percent, the share of European machinery manufacturers in this import is decreasing day by day. Turkish textile manufacturers have started to prefer more Far Eastern origin machines in their machine purchases.
