When purchasing wholesale clothing, small and medium-sized businesses face two primary challenges: the quality of the items and their cost. Yet sourcing premium wholesale garments at affordable rates is difficult but feasible nonetheless.
As a result of economic developments in Turkey and China, Turkey has now emerged as an ideal destination for purchasing wholesale clothing. The reason behind this is that in Turkey, which is home to Europe's largest textile market, the wholesale women's clothing available is of a high quality while remaining affordable.
Why have prices become so low in Turkey?
Over the last ten years, the value of the Turkish lira has significantly decreased relative to the USD. This has resulted in a reduction of purchasing power for everyday people in Turkey, yet it presents a advantageous prospect for small and medium-sized enterprises to obtain wholesale clothing from Turkey.
During the previous ten years, there has been a fluctuation in the exchange rate of Turkish Lira against the US Dollar.
Figure 2.1 displays how the Turkish Lira has fluctuated against the US Dollar over the course of the last ten years.
The Turkish currency exchange rate can be viewed and tracked on the Trading Economics website. This site provides up-to-date information on the value of the Turkish lira compared to other currencies. It also features historical data, charts, and news articles related to the Turkish economy and exchange rates.
The devaluation of Turkish currency is evident in the decline of domestic merchandise prices. Specifically, products made with raw materials like textile and clothing are more influenced by this fluctuation than technology-related items.
rising trend in textile prices has been observed in China, attributed to the restrictions imposed by the government. The limitation on work hours resulted in a shortage of labor supply, which has affected the manufacturing time as well as production costs. This situation has had immediate impacts and is evident from the increasing textile prices noticed in China during the last quarter of 2021. per the recent regulations implemented by the government, Chinese factories are now limited to working a maximum of three days per week. In some cases, certain factories are only allowed to operate one or two days per week due to scheduled power cuts in the surrounding industrial area. This was confirmed by a knowledgeable textile specialist during an interview. It is anticipated that prices will increase by 30-40 percent in the upcoming weeks.
the production level decreases. Nevertheless, China still has the advantage of having the biggest scale of operation in the clothing industry. Products that are distinct from basic black t-shirts are not manufactured in large quantities. These unique items are produced in limited batches, which invalidates China's edge of producing products on a large scale for every kind of product.
Why Turkish clothing has high quality?
We discussed the factors contributing to the low prices of wholesale clothing in Turkey, but price is not the only consideration when choosing where to buy. The quality of the clothing plays an equally important role, and in Turkey, quality is crucial for clothing production. The Turkish economy has a significant reliance on the sector.
In terms of exporting wholesale clothing for women, Turkey ranks fourth globally, following China (first), Vietnam (second), and Bangladesh (third).
For over ten years, fashion giants including Hugo Boss, Burberry, Donna Karan and Paul Smith, as well as popular high street brands like Next and Marks & Spencer, have chosen Turkey as their preferred location for fashion manufacturing. This is because they are able to acquire the desired fashion items at reasonable prices.
Companies like Inditex, which owns popular brands such as Zara and Pull&Bear, often choose to manufacture goods in large quantities in Turkey. So, it can be said without a doubt that these exceptional brands which prioritize quality are happy to display the "Made in Turkey" tag on their clothing products.
global brands to Turkey, indicating their confidence in the country's production standards. As the demand for wholesale clothing continues to grow, so too does investment from these major global brands. Turkey creates a trustworthy environment through mutual trust in order to attract and maintain successful mega-brands.
In conclusion, if you're looking to purchase fashionable and distinctive women's clothing in bulk at reasonable rates, Turkey would be a great choice for you.
product, you can return it without any additional cost. At As Lonca, we want to make the wholesale clothing shopping experience easy and convenient for our customers. By bringing multiple vendors together, we offer a wide range of fashionable products that are easy to find and purchase through our online marketplace. With thousands of options available, you're sure to find something that suits your needs and style preferences. And if for any reason you're not happy with your purchase, we make it simple and hassle-free to return the items at no extra charge. Our goal is to provide a streamlined and enjoyable wholesale shopping experience that meets all of our customers' needs. return the product if you are unsatisfied with its quality or size. Moreover, we aim to provide digital support to small and medium enterprises so that they too can enjoy the benefits of global wholesale procurement, without any restrictions on minimum order quantity. It is possible to purchase as little as one pack.