
Middle East - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends And Insights
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Middle East: Tufted Textile Fabric Market Overview 2020
Tufted Textile Fabric Market Size in the Middle East
In 2019, the Middle Eastern tufted textile fabric market decreased by -X% to $X, falling for the sixth consecutive year after three years of growth. Overall, consumption continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.
Tufted Textile Fabric Production in the Middle East
In value terms, tufted textile fabric production fell to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018, and then shrank in the following year.
Production By Country in the Middle East
The countries with the highest volumes of tufted textile fabric production in 2019 were Turkey (X square meters), Iran (X square meters) and Iraq (X square meters), with a combined X% share of total production. Syrian Arab Republic, Jordan, Israel and Yemen lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of tufted textile fabric production, amongst the leading producing countries, was attained by Jordan, while tufted textile fabric production for the other leaders experienced more modest paces of growth.
Tufted Textile Fabric Exports
Exports in the Middle East
In 2019, after three years of decline, there was significant growth in overseas shipments of tufted textile fabrics, when their volume increased by X% to X square meters. In general, exports posted a moderate increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X square meters in 2011; however, from 2012 to 2019, exports failed to regain the momentum.
In value terms, tufted textile fabric exports declined significantly to $X in 2019. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.
Exports by Country
In 2019, Turkey (X square meters), distantly followed by Jordan (X square meters), Saudi Arabia (X square meters) and the United Arab Emirates (X square meters) represented the main exporters of tufted textile fabrics, together creating X% of total exports.
From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Saudi Arabia, while exports for the other leaders experienced more modest paces of growth.
In value terms, the largest tufted textile fabric supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined X% share of total exports.
Among the main exporting countries, Saudi Arabia saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The tufted textile fabric export price in the Middle East stood at $X per square meter in 2019, waning by -X% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The level of export peaked at $X per square meter in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was the United Arab Emirates ($X per square meter), while Turkey ($X per square meter) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Jordan, while the other leaders experienced mixed trends in the export price figures.
Tufted Textile Fabric Imports
Imports in the Middle East
After two years of growth, supplies from abroad of tufted textile fabrics decreased by -X% to X square meters in 2019. In general, imports saw a perceptible descent. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. The volume of import peaked at X square meters in 2007; however, from 2008 to 2019, imports failed to regain the momentum.
In value terms, tufted textile fabric imports amounted to $X in 2019. Overall, imports continue to indicate a slight descent. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. The level of import peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.
Imports by Country
In 2019, the United Arab Emirates (X square meters) represented the main importer of tufted textile fabrics, creating X% of total imports. Saudi Arabia (X square meters) ranks second in terms of the total imports with a X% share, followed by Bahrain (X%) and Kuwait (X%). Syrian Arab Republic (X square meters) followed a long way behind the leaders.
Imports into the United Arab Emirates decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Bahrain (+X%), Saudi Arabia (+X%) and Kuwait (+X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2019. By contrast, Syrian Arab Republic (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Bahrain and Saudi Arabia increased by +X% and +X% percentage points, while Syrian Arab Republic (-X p.p.) and the United Arab Emirates (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) constitutes the largest market for imported tufted textile fabrics in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (+X% per year) and Saudi Arabia (+X% per year).
Import Prices by Country
In 2019, the tufted textile fabric import price in the Middle East amounted to $X per square meter, picking up by X% against the previous year. Import price indicated a noticeable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, tufted textile fabric import price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. As a result, import price attained the peak level of $X per square meter. From 2013 to 2019, the growth in terms of the import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Kuwait ($X per square meter), while Bahrain ($X per square meter) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Kuwait, while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for tufted textile fabrics in the the Middle East?+
The United Arab Emirates (716K square meters) remains the largest tufted textile fabric consuming country in the Middle East, accounting for 35% of total volume. Moreover, tufted textile fabric consumption in the United Arab Emirates exceeded the figures recorded by the second-largest consumer, Turkey (306K square meters), twofold. Iran (262K square meters) ranked third in terms of total consumption with a 13% share.
What are the largest producers of tufted textile fabrics in the the Middle East?+
The countries with the highest volumes of tufted textile fabric production in 2019 were Turkey (373K square meters), Iran (256K square meters) and Iraq (96K square meters), together accounting for 67% of total production. These countries were followed by Syrian Arab Republic, Jordan, Israel and Yemen, which together accounted for a further 25%.
What are the leading exporters of tufted textile fabrics in the the Middle East?+
In value terms, the largest tufted textile fabric supplying countries in the Middle East were Turkey ($219K), the United Arab Emirates ($198K) and Saudi Arabia ($151K), together accounting for 79% of total exports.
What are the leading importers of tufted textile fabrics in the the Middle East?+
In value terms, the United Arab Emirates ($5.1M) constitutes the largest market for imported tufted textile fabrics in the Middle East, comprising 76% of total imports. The second position in the ranking was occupied by Kuwait ($672K), with a 10% share of total imports. It was followed by Saudi Arabia, with a 4.2% share.
What is the average export price for tufted textile fabrics in the the Middle East?+
In 2019, the tufted textile fabric export price in the Middle East amounted to $4.1 per square meter, declining by -37.1% against the previous year.
What is the average import price for tufted textile fabrics in the the Middle East?+
The tufted textile fabric import price in the Middle East stood at $5.9 per square meter in 2019, increasing by 3.5% against the previous year.
This report provides an in-depth analysis of the tufted textile fabric market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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