Middle East: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in the Middle East

The Middle Eastern textile relling machine market declined markedly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a perceptible curtailment. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Textile Relling Machine Production in the Middle East

In value terms, textile relling machine production contracted markedly to $X in 2022 estimated in export price. Overall, production continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Textile Relling Machine Exports

Exports in the Middle East

In 2022, overseas shipments of machines for reeling, unreeling or textile fabrics increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports posted a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, textile relling machine exports surged to $X in 2022. Overall, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Turkey (X units) represented roughly X% of total exports in 2022.

Turkey was also the fastest-growing in terms of the machines for reeling, unreeling or textile fabrics exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Turkey increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) also remains the largest textile relling machine supplier in the Middle East.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, posted perceptible growth. The growth pace was the most rapid in 2019 an increase of X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Textile Relling Machine Imports

Imports in the Middle East

In 2022, supplies from abroad of machines for reeling, unreeling or textile fabrics was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Total imports indicated measured growth 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 decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, textile relling machine imports soared to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value 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 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Turkey dominates imports structure, recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Jordan (X units), mixing up a X% share of total imports. Iran (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to textile relling machine imports into Turkey stood at X%. At the same time, Jordan (X%) and Iran (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.) and Jordan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported machines for reeling, unreeling or textile fabrics in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iran ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Iran (X% per year) and Jordan (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, picking up by X% against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price 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, textile relling machine import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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 ($X per unit), while Turkey ($X per unit) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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