MENA: Knitted Ski-Suit Market 2024

Knitted Ski-Suit Market Size in MENA

The MENA's knitted ski-suit market rose remarkably to $X in 2023, surging by X% against the previous year. Overall, consumption, however, recorded a noticeable decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Knitted Ski-Suit Production in MENA

In value terms, knitted ski-suit production expanded significantly to $X in 2023 estimated in export price. In general, production, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Knitted Ski-Suit Exports

Exports in MENA

In 2023, the amount of ski-suits of knitted or crocheted textiles exported in MENA soared to X units, surging by X% compared with the previous year's figure. In general, exports posted a tangible increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, knitted ski-suit exports surged to $X in 2023. Over the period under review, exports enjoyed noticeable growth. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Turkey was the main exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Tunisia (X units), committing a X% share of total exports. Lebanon (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to knitted ski-suit exports from Turkey stood at X%. At the same time, Lebanon (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. While the share of Turkey (X p.p.), Tunisia (X p.p.) and Lebanon (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest knitted ski-suit supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total exports.

In Turkey, knitted ski-suit exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Lebanon (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2023, shrinking by X% against the previous year. Export price indicated mild growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, knitted ski-suit export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2022, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lebanon ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the other leaders experienced a decline in the export price figures.

Knitted Ski-Suit Imports

Imports in MENA

Knitted ski-suit imports dropped rapidly to X units in 2023, shrinking by X% against the previous year's figure. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, knitted ski-suit imports skyrocketed to $X in 2023. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X units, which was approx. X% of total imports in 2023. Turkey (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (X%) and Algeria (X%). The following importers - Morocco (X units) and Lebanon (X units) - each reached a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to knitted ski-suit imports into the United Arab Emirates stood at X%. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Morocco (X%), Kuwait (X%), Algeria (X%) and Lebanon (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total imports, while Lebanon, Kuwait and Algeria saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest knitted ski-suit importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Morocco ($X), with a combined X% share of total imports.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Morocco ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform