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

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in the Middle East

The Middle Eastern market for coconut, abaca, ramie and other vegetable textile fibres expanded sharply to $X in 2022, picking up by X% against the previous year. In general, consumption, however, recorded a strong expansion. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in the Middle East

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres stood at $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X,600%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Turkey (X tons) constituted the country with the largest volume of production of coconut, abaca, ramie and other vegetable textile fibres, accounting for X% of total volume.

In Turkey, production of coconut, abaca, ramie and other vegetable textile fibres expanded at an average annual rate of X% over the period from 2012-2022.

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

Exports in the Middle East

In 2022, exports of coconut, abaca, ramie and other vegetable textile fibres in the Middle East reached X tons, leveling off at 2021. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres rose rapidly to $X in 2022. Overall, exports showed a buoyant increase. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates represented the major exporter of coconut, abaca, ramie and other vegetable textile fibres in the Middle East, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Israel (X tons), committing a X% share of total exports. Turkey (X tons) held a little 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. Turkey (X%) and Israel (X%) illustrated a downward trend over the same period. The United Arab Emirates (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 ($X) remains the largest coconut, abaca, ramie and other vegetable textile fibre supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with an X% share of total exports.

In the United Arab Emirates, exports of coconut, abaca, ramie and other vegetable textile fibres increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price posted temperate growth. The growth pace was the most rapid in 2018 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 stood at a somewhat lower figure.

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 ($X per ton), while Israel ($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 mixed trends in the export price figures.

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

Imports in the Middle East

In 2022, the amount of coconut, abaca, ramie and other vegetable textile fibres imported in the Middle East reduced slightly to X tons, remaining stable against 2021 figures. Total imports indicated a buoyant 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 most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2021, and then declined in the following year.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres amounted to $X in 2022. Overall, imports, however, saw a strong expansion. The growth pace was the most rapid in 2015 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The United Arab Emirates was the key importer of coconut, abaca, ramie and other vegetable textile fibres in the Middle East, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Iran (X tons), Qatar (X tons), Saudi Arabia (X tons) and Israel (X tons), together making up a X% share of total imports. Kuwait (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to coconut, abaca, ramie and other vegetable textile fibre imports into the United Arab Emirates stood at X%. At the same time, Israel (X%), Iran (X%), Kuwait (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Qatar and Israel increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest coconut, abaca, ramie and other vegetable textile fibre importing markets in the Middle East were the United Arab Emirates ($X), Saudi Arabia ($X) and Iran ($X), with a combined X% share of total imports. Israel, Qatar and Kuwait lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Israel, with a CAGR of X%, saw 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

In 2022, the import price in the Middle East amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 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 Saudi Arabia ($X per ton), while the United Arab Emirates ($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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