Middle East: Market for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in the Middle East

The Middle Eastern market for other synthetic tow and staple not carded, combed or otherwise processed for spinning totaled $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Production of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in the Middle East

In value terms, production of other synthetic tow and staple not carded, combed or otherwise processed for spinning declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Exports in the Middle East

Exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning declined sharply to X tons in 2022, falling by X% on 2021 figures. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning dropped sharply to $X in 2022. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

In 2022, Turkey (X tons), Lebanon (X tons), Saudi Arabia (X tons) and Israel (X tons) represented the main exporter of other synthetic tow and staple not carded, combed or otherwise processed for spinning in the Middle East, creating X% of total export. It was distantly followed by Iran (X tons), comprising a X% share of total exports. Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest other synthetic tow and staple not carded, combed or otherwise processed for spinning supplying countries in the Middle East were Kuwait ($X), Turkey ($X) and Israel ($X), with a combined X% share of total exports.

Among the main exporting countries, Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, reducing by X% against the previous year. In general, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Kuwait ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Imports in the Middle East

Imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning rose to X tons in 2022, growing by X% against the previous year's figure. 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 increased by X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning expanded remarkably to $X in 2022. Overall, imports continue to indicate a perceptible expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X tons) and Israel (X tons) dominates spinning structure, together achieving X% of total imports. It was distantly followed by Iran (X tons), comprising 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 Turkey (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest other synthetic tow and staple not carded, combed or otherwise processed for spinning importing markets in the Middle East were Turkey ($X), Israel ($X) and Iran ($X), together accounting for X% of total imports.

In terms of the main importing countries, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while Turkey ($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 more modest paces of growth.

Source: IndexBox Platform

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