WORLD SITUATION. Importance of Cotton for Textile and Apparel Sector Competitiveness in TURKEY WORLD TEXTILE TRADE (BILLION US $) %2,3 %3,1 %2,8

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1 Importance of Cotton for Textile and Apparel Sector Competitiveness in TURKEY Ziya ALTUNYALDIZ Deputy General Director of Exports 25 April, 25, ANTALYA 1 WORLD SITUATION 2 Billion $ WORLD TEXTILE TRADE (BILLION US $) %2, %3, INCREASE: INCREASE IN TOTAL TEXTILE TRADE : %27 INCREASE IN TOTAL WORLD TRADE : %267 %2,3 3 1

2 Billion $ WORLD APPAREL TRADE (BILLION US $) %2, %3,2 %3, INCREASE: INCREASE IN TOTAL APPAREL TRADE : %451 INCREASE IN TOTAL TEXTILE TRADE : %267 4 WORLD FIBRE PRODUCTION(MN TONS) CHANGE(%) SHARE(%) NATURAL FIBRES Cotton 2,21 24,9 23,2 4,97 Wool 1,24 1,22-1,9 2,1 Silk,1,1,,16 TOTAL NATURAL FIBRES 21,55 26,21 21,7 43,13 MAN-MADE FIBRES Synthetic Polyester staple 9,35 1,36 1,8 17,5 filament 13,7 14,42 1,3 23,73 Nylon 3,96 4,15 4,7 6,83 Acrylic 2,68 2,75 2,8 4,53 Others,42,42,,69 TOTAL SYNTHETIC 29,48 32,1 8,9 52,82 Cellulosic 2,26 2,46 8,8 4,5 TOTAL MAN-MADE FIBRES 31,74 34,56 8,9 56,87 ALL FIBRES 53,29 6,77 14, 1, 5 THE RECENT DEVELOPMENTS IN FIBRE MARKET INDICATE A NEW UPTURN TREND FOR NATURAL FIBRES, ESPECIALY COTTON IN END-USE FIBRES MARKET IN THE FUTURES NATUREL FIBRES-MADE TEXTILE AND APPAREL PRODUCTS WILL HAVE COMPETITIVE ADVANTAGE ON THE OTHERS THE END-USERS PREFERENCES WILL GRADUALLY SHIFT FROM MAN-MADE FIBRES TO NATURAL FIBRES BECAUSE OF MANY REASONS. 6 2

3 GLOBAL FIBRE OUTPUT CONTINUED TO GROW STRONGLY AGAIN IN 24 NATURAL FIBRES OUTPUT ROSE BY 21.7 % IN 24 COTTON FIBRE OUTPUT GROW 23.2 % IN 24, REACHING 24.9 MILLION TONS MAN-MADE FIBRE OUTPUT GROW 8.9 % IN 24, REACHING 34.6 MILLION TONS TOTAL FIBRE OUTPUT GROW 14. % IN 24, REACHING 6.77 MILLION TONS 7 THE SHARE OF NATURAL FIBRES IN AN UPTURN TREND THE GROWTH IN NATURAL FIBRES, ESPECIALY IN COTTON FIBRES IS MORE STRONG THAN MAN-MADE FIBRES. THESE LOWER GROWTH RATE IN MAN-MADE FIBRES RESULTS-UNSUSUALY, GIVEN RECENT TRENDS- THE SHARE OF MAN-MADE FIBRES IN TOTAL FIBRE PRODUCTION DECLINED WHILE THAT OF NATURAL FIBRES INCREASED. OVERALL, THE SHARE OF NATURAL FIBRES ROSE FROM 4.4 % IN 23 TO 43.1 % IN 24 8 THE INCREASE IN NATURAL FIBRES STEMMED FROM INCREASE IN COTTON PRODUCTION. THE INCREASE IN NATURAL FIBRES SHARE STEMMED ENTIRELY FROM A STAGGERING 23.2 % HIKE IN COTTON PRODUCTION, AS COTTON GROWERS WERE ENCOURAGED BY HIGHER PRICES 9 3

4 TRENDS IN WORLD COTTON SUPPLY AND DEMAND (MN TONS) 21/2 22/3 23/4 24/5 25/6 PRODUCTION EIU 21,48 19,31 2,5 24,25 22,6 ICAC 21,52 19,31 2,66 25,21 22,86 USDA 21,41 19,22 2,64 24,83 NA CONSUMPTION EIU 2,26 21,1 21,3 22,4 22,55 ICAC 2,14 21,1 21,28 22,67 23,9 USDA 2,48 21,48 21,43 22,49 NA EIU: Economist Intelligence Unit ICAC: International Cotton Advisory Committe USDA: US Department of Agriculture 1 INCREASE IN FIBRES CONSUMPTION After rapid expansion in 22, world textile fiber consumption continues to increase Current projections of income, population, and prices suggest that world textile fiber consumption will expand over next six years at an average annual rate of 3 % to reach 67.5 million in INCREASE IN WORLD COTTON CONSUMPTION IS CONTINUES World cotton consumption increased by 2.1 % in 23, the fifth concecutive year of expansion Declining cotton prices and solid world GDP growth in the next two years are expected to translate into an expansion of world cotton consumption by 2.5 % in 24 and 2.3 % in 25 Longer term projections suggest that world cotton consumption could expand at an annual average rate of 2.5 % over the next siz years to reach 25.3 million tons in

5 TURKEY COTTON-TEXTILE AND APPAREL 13 TEXTILE AND APPATEL SECTOR IN TURKISH ECONOMY SHARE IN EXPORTS (%) SHARE IN GDP (%) SHARE IN EMPLOYMENT (%) PRODUCTION VALUE (BILLION US $) NUMBER OF FIRMS % 29 % 1,7 % 1, EXPORT PERFORMANCE of TURKEY Million US $ Total Exp Textile& Apparel Years 15 5

6 TEXTILE AND APPAREL FOREIGN TRADE OF TURKEY EXPORTS Change Billion $ /3(%) TEXTILE APPAREL TOTAL IMPORTS Change Billion $ /3(%) TEXTILE APPAREL TOTAL CONCENTRATION IN COTTON FIBERS Turkish textile and apparel sector extensively concentrated in cotton based products. Because of such a structure of textile and apparel sector of Turkey, there is a strong correlation between textile and apparel exports of Turkey and the consumption of cotton. This structure help turkish textile and apparel sector to remain more competitive against all other negative factors. 17 CAPACITY AND PRODUCTION OF COTTON YARN IN TURKEY Capacity( tons) Production( tons) CUR(%) , , , , , , , , , ,7 18 6

7 CAPACITY AND PRODUCTION OF COTTON FABRIC IN TURKEY Capacity( tons) Production( tons) CUR(%) , , , , , , , , , ,6 19 COTTON IMPORT AND TEXTILE-APPAREL EXPORTS CORRELATION Apparel Exports 8 Milyon $ Textile Exports Yillar Cotton Imports 2 Istanbul COTTON IN TURKEY Ankara EGE Izmir ÇUKUROVA GAP ANTALYA 21 7

8 SEASONS 199/ / / / / / / / / / 2/1 21/2 22/3 23/4 24/5 SUPPLY AND DEMAND COTTON IN TURKEY Production Imports Consumption Exports PRODUCTION ESTIMATES BY REGIONS (24/5) REGIONS AREA(ha) SHARE(%) PRODUCTION( TONS) SHARE(%) GAP , ,3 EGE , ,7 ÇUKUROVA , ,4 ANTALYA 11 1,6 14 1,6 TOTAL 7 1, 9 1, 23 CHANGE IN PRODUCTION BY REGIONS 35 3 GAP 3 Ege Area (ha) 2 15 Area (ha) (*) Çukurova 4 35 Antalya Area (ha) Area (ha) since (*) 24 8

9 YIELD Yield (kg/ha) / / / / / / / / / / 2/1 21/2 22/3 23/4 Turkey World Av PRODUCTION-CONSUMPTION 12 Consumption Production&Consumption(1 ton) / / / / / / / / / / 2/1 21/2 22/3 23/4 Production 26 6 TURKEY NET IMPORTER IN COTTON FIBRES FROM 1992 Imports 5 Prod&Cons(1 ton) Net Import Export / / / / / / / / / / 2/1 21/2 22/3 23/

10 IMPORTS BY COUNTRIES Calender Year (tons) Countries USA GREECE SYRIA TURKMENISTAN EYGPT OTHERS TOPLAM (844 MLN $) 28 THANK YOU FOR ATTENTION 29 1