Middle East: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in the Middle East

The Middle Eastern cotton embroidery market shrank significantly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, enjoyed significant growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Cotton Embroidery Production in the Middle East

In value terms, cotton embroidery production declined to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Cotton Embroidery Exports

Exports in the Middle East

In 2022, shipments abroad of cotton embroidery in the piece was finally on the rise to reach X tons after two years of decline. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cotton embroidery exports soared to $X in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the key exporter of cotton embroidery in the piece, comprising X% of total exports. It was distantly followed by Turkey (X tons), making up a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the cotton embroidery in the piece exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest cotton embroidery supplying countries in the Middle East were the United Arab Emirates ($X) and Turkey ($X).

The United Arab Emirates, 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.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, growing by X% against the previous year. Overall, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Cotton Embroidery Imports

Imports in the Middle East

In 2022, approx. X tons of cotton embroidery in the piece were imported in the Middle East; with a decrease of X% compared with 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cotton embroidery imports declined sharply to $X in 2022. In general, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the main importing country with an import of around X tons, which recorded X% of total imports. Turkey (X tons) took the second position in the ranking, distantly followed by Iraq (X tons), Iran (X tons) and Qatar (X tons). All these countries together held approx. X% share of total imports. The following importers - Jordan (X tons) and Kuwait (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported cotton embroidery in the piece in the Middle East, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Iraq, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Iraq (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, waning by X% against the previous year. Overall, the import price recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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