Middle East: Textile Tubing Market 2024

Textile Tubing Market Size in the Middle East

The Middle Eastern textile tubing market shrank to $X in 2023, reducing by X% against the previous year. The total consumption indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Textile Tubing Production in the Middle East

In value terms, textile tubing production reduced slightly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

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Textile Tubing Exports

Exports in the Middle East

In 2023, approx. X tons of textile hosepiping and similar textile tubing were exported in the Middle East; rising by X% compared with 2022 figures. Over the period under review, exports posted a perceptible increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, textile tubing exports soared to $X in 2023. Total exports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, the United Arab Emirates (X tons) was the main exporter of textile hosepiping and similar textile tubing, achieving X% of total exports. It was distantly followed by Turkey (X tons), creating a X% share of total exports. Jordan (X tons) took a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Jordan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Jordan ($X) appeared to be the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

Jordan, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Textile Tubing Imports

Imports in the Middle East

In 2023, the amount of textile hosepiping and similar textile tubing imported in the Middle East reduced to X tons, shrinking by X% compared with the year before. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2022 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, textile tubing imports declined to $X in 2023. Over the period under review, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the main importer of textile hosepiping and similar textile tubing in the Middle East, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. It was distantly followed by Iran (X tons), Israel (X tons), Iraq (X tons) and Turkey (X tons), together constituting a X% share of total imports. The following importers - Kuwait (X tons) and Oman (X tons) - each finished at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to textile tubing imports into the United Arab Emirates stood at X%. At the same time, Turkey (X%), Israel (X%), Oman (X%), Iraq (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Iran (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Israel, Iraq and Turkey increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest textile tubing importing markets in the Middle East were the United Arab Emirates ($X), Israel ($X) and Turkey ($X), with a combined X% share of total imports. Iran, Iraq, Oman and Kuwait lagged somewhat behind, together comprising a further X%.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform