<DOCUMENT>
<TYPE>EX-10.23
<SEQUENCE>13
<FILENAME>d55197_ex10-23.txt
<DESCRIPTION>CONSENT OF INDEPENDENT AUDITORS
<TEXT>
                                                                   EXHIBIT 10.23

                         CONSENT OF INDEPENDENT AUDITORS

We consent to the incorporation by reference in the Registration Statement (Form
S-8 No. 333-76006) pertaining to the CTI Industries Corporation 2001 Stock
Option Plan, in the Registration Statement (Form S-8 No. 333-76008) pertaining
to the CTI Industries Corporation 1999 Stock Option Plan and Registration
Statement (Form SB-2 No. 333-31969), of our report dated April 15, 2003, with
respect to the consolidated financial statements included in the Annual Report
of CTI Industries Corporation and Subsidiaries on Form 10-KSB for the year ended
December 31, 2002.


/s/ McGladrey & Pullen, LLP

Schaumburg, Illinois
April 29, 2003

</TEXT>
</DOCUMENT>
