Middle East - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Middle East: Tufted Textile Fabric Market Overview 2020

Tufted Textile Fabric Market Size in the Middle East

The revenue of the tufted textile fabric market in the Middle East amounted to $X in 2018, falling by -X% against the previous year. Overall, tufted textile fabric consumption continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Over the period under review, the tufted textile fabric market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Tufted Textile Fabric Production in the Middle East

In value terms, tufted textile fabric production amounted to $X in 2018 estimated in export prices. In general, tufted textile fabric production continues to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2014 when production volume increased by X% year-to-year. The level of tufted textile fabric production peaked at $X in 2009; however, from 2010 to 2018, production stood at a somewhat lower figure.

Production By Country in the Middle East

The country with the largest volume of tufted textile fabric production was Turkey (X square meters), comprising approx. X% of total production. Moreover, tufted textile fabric production in Turkey exceeded the figures recorded by the region's second-largest producer, Iran (X square meters), twofold. The third position in this ranking was occupied by Iraq (X square meters), with a X% share.

From 2007 to 2018, the average annual growth rate of volume in Turkey was relatively modest. In the other countries, the average annual rates were as follows: Iran (+X% per year) and Iraq (-X% per year).

Tufted Textile Fabric Exports

Exports in the Middle East

In 2018, the tufted textile fabric exports in the Middle East totaled X square meters, surging by X% against the previous year. Overall, tufted textile fabric exports, however, continue to indicate an abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, tufted textile fabric exports attained their maximum at X square meters in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, tufted textile fabric exports totaled $X in 2018. In general, tufted textile fabric exports, however, continue to indicate a deep descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, tufted textile fabric exports reached their maximum at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Turkey was the major exporter of tufted textile fabrics in the Middle East, with the volume of exports finishing at X square meters, which was near X% of total exports in 2018. The United Arab Emirates (X square meters) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Jordan (X%) and Saudi Arabia (X%). Yemen (X square meters) held a relatively small share of total exports.

Turkey experienced a relatively flat trend pattern of tufted textile fabrics exports. At the same time, Yemen (+X%), Saudi Arabia (+X%), the United Arab Emirates (+X%) and Jordan (+X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing exporter in the Middle East, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of the United Arab Emirates, Saudi Arabia, Jordan and Turkey increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Jordan ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Yemen and Saudi Arabia, which together accounted for a further X terms of the main exporting countries, Yemen experienced the highest growth rate of exports, over the last eleven-year period, while 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 2018, going down by -X% against the previous year. In general, the tufted textile fabric export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. In that year, the export prices for tufted textile fabrics attained their peak level of $X per square meter. From 2009 to 2018, the growth in terms of the export prices for tufted textile fabrics remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the United Arab Emirates ($X per square meter), while Saudi Arabia ($X per square meter) was amongst the lowest.

From 2007 to 2018, 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

In 2018, approx. X square meters of tufted textile fabrics were imported in the Middle East; coming down by -X% against the previous year. Overall, tufted textile fabric imports continue to indicate an abrupt setback. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of imports peaked at X square meters in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, tufted textile fabric imports amounted to $X in 2018. In general, tufted textile fabric imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The level of imports peaked at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the United Arab Emirates (X square meters) represented the main importer of tufted textile fabrics, generating X% of total imports. Syrian Arab Republic (X square meters) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Saudi Arabia (X%). The following importers - Lebanon (X square meters), Kuwait (X square meters), Oman (X square meters) and Jordan (X square meters) - each recorded an X% share of total imports.

From 2007 to 2018, average annual rates of growth with regard to tufted textile fabric imports into the United Arab Emirates stood at -X%. At the same time, Oman (+X%), Lebanon (+X%), Saudi Arabia (+X%) and Syrian Arab Republic (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer in the Middle East, with a CAGR of +X% from 2007-2018. By contrast, Kuwait (-X%) and Jordan (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Saudi Arabia, Syrian Arab Republic, Lebanon and Oman increased by +X%, +X%, +X% and +X% percentage points, while Kuwait (-X p.p.), Jordan (-X p.p.) and the United Arab Emirates (-X p.p.) saw their share reduced.

In value terms, Syrian Arab Republic ($X) constitutes the largest market for imported tufted textile fabrics in the Middle East, comprising X% of total tufted textile fabric imports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

In Syrian Arab Republic, tufted textile fabric imports increased at an average annual rate of +X% over the period from 2007-2018. 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

The tufted textile fabric import price in the Middle East stood at $X per square meter in 2018, flattening at the previous year. In general, the tufted textile fabric import price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2009 when the import price increased by X% y-o-y. In that year, the import prices for tufted textile fabrics reached their peak level of $X per square meter. From 2010 to 2018, the growth in terms of the import prices for tufted textile fabrics remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Kuwait ($X per square meter), while the United Arab Emirates ($X per square meter) was amongst the lowest.

From 2007 to 2018, 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