Egypt: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in Egypt

The Egyptian pile and chenille fabric market was estimated at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Pile and chenille fabric consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Egypt

In value terms, pile and chenille fabric production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Egypt

In 2022, overseas shipments of woven pile fabrics and chenille fabrics decreased by X% to X tons, falling for the sixth year in a row after five years of growth. Over the period under review, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, pile and chenille fabric exports contracted markedly to $X in 2022. Overall, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), Morocco (X tons) and Canada (X kg) were the main destinations of pile and chenille fabric exports from Egypt, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Morocco ($X) remains the key foreign market for woven pile fabrics and chenille fabrics exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with an X% share of total exports. It was followed by Jordan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Morocco stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Jordan (X% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Egypt

In 2022, imports of woven pile fabrics and chenille fabrics into Egypt reduced to X tons, which is down by X% compared with the year before. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, pile and chenille fabric imports dropped modestly to $X in 2022. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of pile and chenille fabric to Egypt, accounting for a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Belgium (X% per year).

In value terms, China ($X) constituted the largest supplier of woven pile fabrics and chenille fabrics to Egypt, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average pile and chenille fabric import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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