Middle East: Cotton Terry Towelling Market 2020

Cotton Terry Towelling Market Size in Middle East

The revenue of the cotton terry towelling market in Middle East amounted to $X in 2017, flattening at the previous year. The cotton terry towelling consumption continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2017, when market value increased by X% year-to-year. Over the period under review, the cotton terry towelling market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Production in Middle East

In 2017, the amount of terry towelling of cotton produced in Middle East amounted to X square meters, reducing by -X% against the previous year. The cotton terry towelling production continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2009, when the output figure increased by -X% year-to-year. The volume of cotton terry towelling production peaked of X square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Exports in Middle East

In 2017, approx. X square meters of terry towelling of cotton were exported in Middle East; going down by -X% against the previous year. The cotton terry towelling exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the cotton terry towelling exports attained its maximum volume of X square meters in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, cotton terry towelling exports amounted to $X in 2017. The cotton terry towelling exports continue to indicate a slight drop. Over the period under review, the cotton terry towelling exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Exports by Country in Middle East

Turkey prevails in cotton terry towelling exports structure, recording X square meters, which was near X% of total exports in 2017. The United Arab Emirates (X square meters) and Oman (X square meters) took the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to cotton terry towelling exports from Turkey stood at -X%. At the same time, Oman (+X%) displayed positive paces of growth. Moreover, Oman 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. Turkey (X%) and the United Arab Emirates (X%) significantly strengthened its position in terms of the global exports, while Oman saw its share reduced by -X% from 2007 to 2017, respectively.

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

In Turkey, cotton terry towelling exports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Oman (+X% per year).

Cotton Terry Towelling Export Prices by Country in Middle East

The cotton terry towelling export price in Middle East stood at $X per thousand square meters in 2017, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when the export prices increased by X% year-to-year. In that year, the export prices for terry towelling of cotton reached their peak level, and is likely to continue its growth in the immediate term.

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 ($X per thousand square meters), while the United Arab Emirates ($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 more modest paces of growth.

Cotton Terry Towelling Imports in Middle East

In 2017, the amount of terry towelling of cotton imported in Middle East amounted to X square meters, shrinking by -X% against the previous year. The cotton terry towelling imports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2008, when imports increased by X% year-to-year. The volume of imports peaked of X square meters in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, cotton terry towelling imports stood at $X in 2017. The cotton terry towelling imports continue to indicate a pronounced decline. The level of imports peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Imports by Country in Middle East

The United Arab Emirates represented the major importing country with an import of about X square meters, which resulted at X% of total imports. It was distantly followed by Turkey (X square meters), Saudi Arabia (X square meters), Lebanon (X square meters) and Kuwait (X square meters), together creating X% share of total imports. Jordan (X square meters) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to cotton terry towelling imports into the United Arab Emirates stood at +X%. At the same time, Jordan (+X%), Saudi Arabia (+X%) and Kuwait (+X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Lebanon experienced a relatively flat trend pattern. By contrast, Turkey (-X%) illustrated a downward trend over the same period. Turkey (X%) significantly strengthened its position in terms of the global imports, while Jordan, Saudi Arabia and the United Arab Emirates saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Lebanon ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Saudi Arabia, Turkey and Jordan, which together accounted for a further X%.

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

Cotton Terry Towelling Import Prices by Country in Middle East

In 2017, the cotton terry towelling import price in Middle East amounted to $X per thousand square meters, picking up by X% against the previous year. The cotton terry towelling import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, when it surged by X% year-to-year. The level of import price peaked of $X per thousand square meters in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kuwait ($X per square meter), while the United Arab Emirates ($X per thousand square meters) was amongst the lowest.

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

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Source: IndexBox Platform