GCC: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in GCC

The GCC textile relling machine market dropped sharply to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, recorded a abrupt descent. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Textile Relling Machine Production in GCC

In value terms, textile relling machine production soared to $X in 2022 estimated in export price. In general, production continues to indicate a significant increase. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Textile Relling Machine Exports

Exports in GCC

In 2022, shipments abroad of machines for reeling, unreeling or textile fabrics decreased by X% to X units, falling for the third consecutive year after two years of growth. In general, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, textile relling machine exports expanded to $X in 2022. Overall, exports recorded a perceptible reduction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates was the largest exporter of machines for reeling, unreeling or textile fabrics in GCC, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Bahrain (X units), committing a X% share of total exports. Oman (X units) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest textile relling machine supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bahrain (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Textile Relling Machine Imports

Imports in GCC

Textile relling machine imports shrank sharply to X units in 2022, reducing by X% on the previous year. Overall, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, textile relling machine imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) was the largest importer of machines for reeling, unreeling or textile fabrics, achieving X% of total imports. Bahrain (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (X%), Oman (X%) and Qatar (X%).

From 2012 to 2022, average annual rates of growth with regard to textile relling machine imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%), Kuwait (X%) and Oman (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Bahrain (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Kuwait (X p.p.), Oman (X p.p.) and Qatar (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest textile relling machine importing markets in GCC were the United Arab Emirates ($X), Qatar ($X) and Kuwait ($X), together comprising X% of total imports.

Among the main importing countries, Qatar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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