Middle East: Knitted Fabric Market 2020

Knitted Fabric Market Size in Middle East

The revenue of the knitted fabric market in Middle East amounted to $X in 2017, surging by X% against the previous year. The knitted fabric consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. Over the period under review, the knitted fabric market reached its maximum level in 2017, and is expected to retain its growth in the near future.

Knitted Fabric Production in Middle East

In 2017, the amount of knitted or crocheted fabrics (excluding pile fabrics) produced in Middle East stood at X square meters, coming up by X% against the previous year. The total output indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted fabric production increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the knitted fabric production attained its peak figure volume in 2017, and is expected to retain its growth in the near future.

Knitted Fabric Exports in Middle East

In 2017, exports of knitted or crocheted fabrics (excluding pile fabrics) in Middle East stood at X square meters, flattening at the previous year. The knitted fabric exports continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the knitted fabric exports attained its peak figure volume of X square meters in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, knitted fabric exports amounted to $X in 2017. The knitted fabric exports continue to indicate a pronounced downturn. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Knitted Fabric Exports by Country in Middle East

Turkey (X square meters) and Israel (X square meters) dominates knitted fabric exports structure, together creating X% of total exports. It was distantly followed by the United Arab Emirates (X square meters), mixed up X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Israel (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Israel (-X% per year) experienced the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced a decline in the exports figures.

Knitted Fabric Export Prices by Country in Middle East

The knitted fabric export price in Middle East stood at $X per thousand square meters in 2017, going up by X% against the previous year. The export price indicated a measured increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted fabric export price increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the export prices for knitted or crocheted fabrics (excluding pile fabrics) attained its peak figure level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per square meter), while the United Arab Emirates ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Knitted Fabric Imports in Middle East

In 2017, the amount of knitted or crocheted fabrics (excluding pile fabrics) imported in Middle East stood at X square meters, lowering by -X% against the previous year. The knitted fabric imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when imports increased by X% y-o-y. The volume of imports peaked of X square meters in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, knitted fabric imports stood at $X in 2017. The knitted fabric imports continue to indicate a significant contraction. In that year, the knitted fabric imports attained their peak level of $X. From 2013 to 2017, growth of the knitted fabric imports stood at a somewhat lower level.

Knitted Fabric Imports by Country in Middle East

In 2017, Turkey (X square meters), Jordan (X square meters) and Saudi Arabia (X square meters) were the major importers of knitted or crocheted fabrics (excluding pile fabrics) in Middle East, making up X% of total import. It was distantly followed by the United Arab Emirates (X square meters), comprising X% share of total imports. Israel (X square meters), Kuwait (X square meters) and Iran (X square meters) occupied the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported knitted or crocheted fabrics (excluding pile fabrics) in Middle East, making up X% of global imports. The second position in the ranking was occupied by Jordan ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

In Turkey, knitted fabric imports shrank by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Jordan (-X% per year) and Saudi Arabia (+X% per year).

Knitted Fabric Import Prices by Country in Middle East

In 2017, the knitted fabric import price in Middle East amounted to $X per thousand square meters, remaining stable against the previous year. The knitted fabric import price continues to indicate a temperate slump. The pace of growth was the most pronounced in 2012, when the import prices increased by X% against the previous year. In that year, the import prices for knitted or crocheted fabrics (excluding pile fabrics) attained their peak level of $X per square meter. From 2013 to 2017, growth of the import prices for knitted or crocheted fabrics (excluding pile fabrics) failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Turkey ($X per square meter), while Saudi Arabia ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform