MENA: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in MENA

In 2023, after two years of growth, there was decline in the MENA's textile wall covering market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed a tangible expansion. As a result, consumption attained the peak level of $X, and then dropped modestly in the following year.

Textile Wall Covering Production in MENA

In value terms, textile wall covering production amounted to $X in 2023 estimated in export price. Overall, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; afterwards, it flattened through to 2023.

Textile Wall Covering Exports

Exports in MENA

In 2023, textile wall covering exports in MENA declined dramatically to X square meters, which is down by X% on 2022 figures. Overall, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2022, and then reduced sharply in the following year.

In value terms, textile wall covering exports plummeted to $X in 2023. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2022, and then reduced markedly in the following year.

Exports by Country

In 2023, Palestine (X square meters) was the main exporter of textile wall coverings, creating X% of total exports. It was distantly followed by Turkey (X square meters), committing a X% share of total exports. The following exporters - the United Arab Emirates (X square meters) and Jordan (X square meters) - each finished at a X% share of total exports.

Exports from Palestine increased at an average annual rate of X% from 2012 to 2023. At the same time, Jordan (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. The United Arab Emirates experienced a relatively flat trend pattern. While the share of Palestine (X p.p.), Turkey (X p.p.) and Jordan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, Palestine ($X) remains the largest textile wall covering supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with an X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Palestine amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per square meter, dropping by X% against the previous year. Export price indicated a resilient expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per square meter. From 2016 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while Turkey ($X per square meter) was amongst the lowest.

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

Textile Wall Covering Imports

Imports in MENA

In 2023, after four years of growth, there was significant decline in purchases abroad of textile wall coverings, when their volume decreased by X% to X square meters. Over the period under review, imports, however, continue to indicate mild growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X square meters in 2022, and then shrank significantly in the following year.

In value terms, textile wall covering imports dropped modestly to $X in 2023. In general, imports, however, posted moderate growth. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

The United Arab Emirates represented the main importing country with an import of about X square meters, which reached X% of total imports. Morocco (X square meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (X%) and Palestine (X%). The following importers - Iran (X square meters), Tunisia (X square meters) and Israel (X square meters) - each recorded an X% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2023. At the same time, Morocco (X%), Tunisia (X%), Israel (X%), Turkey (X%) and Palestine (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Iran (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Morocco (X p.p.), Tunisia (X p.p.), Turkey (X p.p.) and Israel (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Iran (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported textile wall coverings in MENA, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in MENA stood at $X per square meter in 2023, with an increase of X% against the previous year. Import price indicated a moderate expansion 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, textile wall covering import price increased by X% against 2021 indices. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per square meter in 2019; however, from 2020 to 2023, import prices remained at a lower figure.

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 ($X per square meter), while the United Arab Emirates ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform