Major export destinations of spandex in Jan-Nov, 2022

Turkey sustained the top export market in Jan-Nov, 2022, accounting for 23.1% of the total, down by 3.9% on the year. Some domestic suppliers increased supplying to overseas market when supply of containers was long in Q1 2022. Exports of spandex to Turkey was high at the beginning of 2022 but apparently dropped in Mar when buyers turned to consume spandex prepared before, the Russia-Ukraine conflict intensified, energy price was rising and the consumption and new orders for textiles and apparels lacked momentum, extended lower in Apr and remained low in May-Nov. Exports slightly rose to 719 tons in Nov.