Middle East: Needlefelt Carpet Market 2020

Needlefelt Carpet Market Size in Middle East

The revenue of the needlefelt carpet market in Middle East amounted to $X in 2017, falling by -X% against the previous year. The needlefelt carpet consumption continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2015, when market value increased by X% year-to-year. In that year, the needlefelt carpet market reached their peak level of $X. From 2016 to 2017, growth of the needlefelt carpet market stood at a somewhat lower level.

Needlefelt Carpet Production in Middle East

In 2017, production of needlefelt carpets and other needlefelt textile floor coverings in Middle East totaled X cubic meters, picking up by X% against the previous year. The needlefelt carpet production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. Over the period under review, the needlefelt carpet production reached its peak figure volume of X cubic meters in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Needlefelt Carpet Exports in Middle East

In 2017, exports of needlefelt carpets and other needlefelt textile floor coverings in Middle East stood at X cubic meters, going down by -X% against the previous year. The needlefelt carpet exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. The volume of exports peaked of X cubic meters in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, needlefelt carpet exports stood at $X in 2017. The total exports indicated a temperate growth from 2007 to 2017: its value decreased 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 needlefelt carpet exports increased by +X% against 2014 indices. In that year, the needlefelt carpet exports attained their peak level of $X, and then declined slightly in the following year.

Needlefelt Carpet Exports by Country in Middle East

Saudi Arabia represented the main exporter of needlefelt carpets and other needlefelt textile floor coverings in Middle East, with the volume of exports amounting to X cubic meters, which was approx. X% of total exports in 2017. The United Arab Emirates (X cubic meters) ranks second in terms of the global exports with a X% share, followed by Turkey (X%) and Jordan (X%). Iran (X cubic meters) took the weak share of total exports.

Exports from Saudi Arabia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Iran (+X%), Jordan (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) increased significantly in terms of the global exports from 2007-2017, the share of Iran (-X%), Jordan (-X%), Turkey (-X%) and Saudi Arabia (-X%) displayed negative dynamics.

In value terms, Saudi Arabia ($X) remains the largest needlefelt carpet supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Saudi Arabia totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and Turkey (+X% per year).

Needlefelt Carpet Export Prices by Country in Middle East

In 2017, the needlefelt carpet export price in Middle East amounted to $X per thousand cubic meters, reducing by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015, when it surged by X% y-o-y. In that year, the export prices for needlefelt carpets and other needlefelt textile floor coverings attained their peak level of $X per cubic meter. From 2016 to 2017, growth of the export prices for needlefelt carpets and other needlefelt textile floor coverings stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Needlefelt Carpet Imports in Middle East

In 2017, approx. X cubic meters of needlefelt carpets and other needlefelt textile floor coverings were imported in Middle East; coming down by -X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2016, when imports increased by X% against the previous year. Over the period under review, the needlefelt carpet imports reached its maximum volume of X cubic meters in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, needlefelt carpet imports totaled $X in 2017. The needlefelt carpet imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Needlefelt Carpet Imports by Country in Middle East

The United Arab Emirates (X cubic meters), Turkey (X cubic meters) and Saudi Arabia (X cubic meters) represented roughly X% of total imports of needlefelt carpets and other needlefelt textile floor coverings in 2017. It was distantly followed by Israel (X cubic meters), mixed up X% share of total imports. The following importers - Kuwait (X cubic meters), Jordan (X cubic meters) and Lebanon (X cubic meters) each reached a X% 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 Lebanon (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest needlefelt carpet markets worldwide were the United Arab Emirates ($X), Saudi Arabia ($X) and Turkey ($X), with a combined X% share of total imports. These countries were followed by Israel, Kuwait, Lebanon and Jordan, which together accounted for a further X%.

In terms of the main importing countries , Lebanon (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Needlefelt Carpet Import Prices by Country in Middle East

In 2017, the needlefelt carpet import price in Middle East amounted to $X per thousand cubic meters, therefore, remained relatively stable against the previous year. The needlefelt carpet import price continues to indicate a temperate reduction. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. In that year, the import prices for needlefelt carpets and other needlefelt textile floor coverings reached their peak level of $X per thousand cubic meters. From 2009 to 2017, growth of the import prices for needlefelt carpets and other needlefelt textile floor coverings failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X per thousand cubic meters), while Jordan ($X per thousand cubic meters) was amongst the lowest.

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

Source: IndexBox Platform