A considerable portion of the Turkish economy is run by the textile and apparel industry. For many years in the past, the economy of turkey has dominated the Turkish industry. The Turkey sourcingindustry has been experiencing a constant rise till January after which it started falling. The fall in the Turkish economy has been because of the elimination quotas from the United States and European Union.
The modern textile industry in Turkey has been influenced by the textile and apparel sourcing styles followed by the then industrial owners- around 60s and 70s. The industrial efforts of these owners made industrial revolution in Turkey, giving birth to modern industrial operations. Back in the 60s, this industry was operating as small and centralized workshops that has been running regionally and to the maximum, nationally. The industry started showing rapid growth in the 1970s after it started developing its operational units and delivered products all across the world. As you can see, the Turkish industry has now started delivering products internationally. It was only a few years that Turkish industry became of the main producers of clothes and exported important textiles to different parts of the world. It was only after the 1970s that Turkish industry had seen a change in its industrial scenario, which was accelerated by the constant efforts of its workers. This growth made a huge contribution in the Turkish economy.
Slowly but effectively the Turkish manufacturers from the Turkey sourcing industry started relocating their textile and apparel production in the central Asia and Eastern Europe. The difficulties in Turkish apparel and textile sourcing industry started rising in the past three years that has substantially succeeded in the eighties and the first part of the nineties.
After the ending period of the age-old quota system in 2005, which spawned fears among the people about job losses and fall in the economy. It was therefore necessary for the industrial heads to understand what impact it has on the other countries of the world. The textile and apparel industry also needed to understand the strength and weaknesses of it exercises on the different parts of the world.
Current Scenario of the Textile and Apparel Sourcing Industry in Turkey
The textile and apparel sourcing industry has been the backbone of the country and had made great contributions to the Turkish economy since its emergence. It has also played an important role in driving industrial revolution and economical market orientations in the last two decades. It has also been the leading sector in comparison to the International economy. This was made possible by the hard earned money by exporting substantial quantity of clothes across the globe contributing considerably to the overall economy of the globe.
There are a number of factors that contributed to such growth in Turkish economy. The nation had qualified and experienced workforce, effectively working sourcing services companies in the nation, labor cost was considerably low, raw materials were cheap as well as the liberalized environment led to export policies in the last two decades. Almost sixty percent of the production was exported by the Turkish industries. Among the manufacturers who exported apparels, the capacity utilization rates were approximately seventy five percent.
Economic Contribution
The textile and apparel industry of Turkey accounts for:
- Forty percent in industrial production
- Ten percent in Gross national product
- Thirty-five percent of exports earning
- Thirty percent of the manufacturing labor force
These are the various cost accounted by the Turkish industries that makes huge contribution to the Turkish economy as well as the economy of the globe. These industrial forces makes a contribution of twenty billion dollars to the GNP. The industrial sector of the country mainly earns its money by exporting clothes to different countries. The total share of the country’s export ranges between 33 to 39 percent.
Cotton Market
Turkey is also known as the cotton country of the world. This is an advantage in raw materials. The country mainly exports its cotton yards in Portugal, Belgium, Italy, and Greece. Turkey ranks ninth in the production of synthetic fiber, eighth in the production of wool, and third in the production of mohair in the world. Turkey serves as the net exporter of cotton to the countries across the globe. Since its domestic demand, Turkey has been a quality exporter of cotton. Turkey has also been a strong standing importer of synthetic fiber across the world.
Material Confirmation
The Turkish manufacturers exercise efficient material confirmation techniques. They keep checking the quality of the raw materials thoroughly before using them to produce raw materials. When you are sourcing your services to turkey, the essential thing that you should focus on is confirming the authenticity of the raw materials used by them. This will help confer to the ethical rights of the nation. Even the virtuous suppliers who are known to exercise due diligence can face issues with verifying the correct chemical and mechanical properties the raw materials. But you can be sure of the raw materials used by the Turkish textile industrial owners. The material used has a vital role to play in producing quality clothes. This quality is admired by people across the world, which has led to a rapid increase in the export processes from the country.
To prevent any type of substandard material that may affect your product, you should make sure that the Turkish manufacturers undergo robust checking of the raw materials being used for manufacturing the services.
Despite the elimination of quotas from the European Union and the United States, the Turkish textile industry is well aware of the international market trends. They are aware of the healthier demands and focused on producing more environment-friendly products for its exporters. It has well adapted to the European standards in relation to the safety of products, health, and quality. The sourcing services companies in turkey are aiming to improve their production and value-added products in to an era where the world will know the Turkish industry for its quality, trademarks, and pricing.