Middle East: Embroidery Market 2024

Embroidery Market Size in the Middle East

The Middle Eastern embroidery market fell sharply to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, saw a prominent increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Embroidery Production in the Middle East

In value terms, embroidery production fell significantly to $X in 2022 estimated in export price. In general, production, however, saw a resilient expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Embroidery Exports

Exports in the Middle East

Embroidery exports skyrocketed to X tons in 2022, rising by X% on 2021. Over the period under review, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, embroidery exports soared to $X in 2022. Overall, exports, however, recorded a slight decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Turkey was the major exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by the United Arab Emirates (X tons), constituting a X% share of total exports.

Turkey was also the fastest-growing in terms of the embroidery (without visible ground) in the piece exports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest embroidery supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, embroidery exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 the United Arab Emirates totaled $X per ton.

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

Embroidery Imports

Imports in the Middle East

In 2022, purchases abroad of embroidery (without visible ground) in the piece decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Overall, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, embroidery imports reduced remarkably to $X in 2022. In general, imports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Turkey dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X tons), generating an X% share of total imports. The following importers - Syrian Arab Republic (X tons), Yemen (X tons) and Iran (X tons) - together made up X% of total imports.

Turkey was also the fastest-growing in terms of the embroidery (without visible ground) in the piece imports, with a CAGR of X% from 2012 to 2022. At the same time, Syrian Arab Republic (X%), Yemen (X%) and Iran (X%) displayed positive paces of growth. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) and Syrian Arab Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported embroidery (without visible ground) in the piece in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Syrian Arab Republic, with a X% share.

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

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, dropping by X% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 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 Iran ($X per ton), while Turkey ($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 a decline in the import price figures.

Source: IndexBox Platform