MENA: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in MENA

The MENA's market for coconut, abaca, ramie and other vegetable textile fibres reached $X in 2022, picking up by X% against the previous year. In general, consumption, however, enjoyed a prominent increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in MENA

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres stood at $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Morocco (X tons) constituted the country with the largest volume of production of coconut, abaca, ramie and other vegetable textile fibres, comprising approx. X% of total volume. Moreover, production of coconut, abaca, ramie and other vegetable textile fibres in Morocco exceeded the figures recorded by the second-largest producer, Tunisia (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Morocco was relatively modest.

The average yield of coconut, abaca, ramie and other vegetable textile fibres expanded modestly to X kg per ha in 2022, growing by X% on 2021. Over the period under review, the yield, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. The level of yield peaked at X kg per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The harvested area of coconut, abaca, ramie and other vegetable textile fibres reached X ha in 2022, almost unchanged from the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of harvested area peaked at X ha in 2017; afterwards, it flattened through to 2022.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports in MENA

In 2022, shipments abroad of coconut, abaca, ramie and other vegetable textile fibres decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a temperate expansion. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres contracted dramatically to $X in 2022. In general, exports, however, posted slight growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then shrank markedly in the following year.

Exports by Country

The United Arab Emirates was the largest exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Algeria (X tons) and Israel (X tons), together mixing up a X% share of total exports. Turkey (X tons) held a relatively small share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the coconut, abaca, ramie and other vegetable textile fibres exports, with a CAGR of X% from 2012 to 2022. At the same time, Algeria (X%) displayed positive paces of growth. By contrast, Turkey (X%) and Israel (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Algeria (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey and Israel saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest coconut, abaca, ramie and other vegetable textile fibre supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports. It was followed by Algeria, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Israel (X% per year) and Algeria (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Turkey ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports in MENA

In 2022, imports of coconut, abaca, ramie and other vegetable textile fibres in MENA contracted modestly to X tons, remaining stable against the previous year's figure. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2021, and then dropped modestly in the following year.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres expanded rapidly to $X in 2022. Overall, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

The United Arab Emirates represented the main importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Iran (X tons), Morocco (X tons), Qatar (X tons), Egypt (X tons), Saudi Arabia (X tons) and Israel (X tons), together making up a X% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%), Israel (X%), Egypt (X%), Iran (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. Morocco (X p.p.), Qatar (X p.p.), the United Arab Emirates (X p.p.) and Israel (X p.p.) significantly strengthened its position in terms of the total imports, while Egypt, Iran and Saudi Arabia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest coconut, abaca, ramie and other vegetable textile fibre importing markets in MENA were Morocco ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), together comprising X% of total imports.

In terms of the main importing countries, Morocco, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in MENA amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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