MENA: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2024

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in MENA

In 2022, the MENA's market for blankets and travelling rugs of synthetic fibres was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in MENA

In value terms, travelling rugs of synthetic fibre production fell to $X in 2022 estimated in export price. In general, production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports in MENA

In 2022, shipments abroad of blankets and travelling rugs of synthetic fibres increased by X% to X units for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, continue to indicate a slight curtailment. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre exports soared to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the United Arab Emirates (X units) and Turkey (X units) represented the major exporters of blankets and travelling rugs of synthetic fibres in MENA, together reaching approx. X% of total exports. It was distantly followed by Egypt (X units), committing a X% share of total exports. Iran (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Egypt (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Egypt ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while Iran ($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.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports in MENA

Travelling rugs of synthetic fibre imports declined to X units in 2022, with a decrease of X% against 2021 figures. In general, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, travelling rugs of synthetic fibre imports dropped to $X in 2022. Overall, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 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 failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) and Iraq (X units) were the main importers of blankets and travelling rugs of synthetic fibres in MENA, together accounting for approx. X% of total imports. Libya (X units) took the next position in the ranking, followed by Algeria (X units), Yemen (X units), Qatar (X units), Kuwait (X units) and Iran (X units). All these countries together held near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest travelling rugs of synthetic fibre importing markets in MENA were the United Arab Emirates ($X), Iraq ($X) and Libya ($X), together comprising X% of total imports. Algeria, Kuwait, Yemen, Qatar and Iran lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per unit), while Iran ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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