Middle East - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends And Insights

Middle East: Tufted Textile Fabric Market Overview 2019

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, reducing by -X% against the previous year. Overall, tufted textile fabric consumption continues to indicate a drastic decrease. The growth pace was the most rapid in 2008, with an increase of X% year-to-year. The level of tufted textile fabric consumption peaked at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Tufted Textile Fabric Production in the Middle East

In value terms, tufted textile fabric production amounted to $X in 2018 estimated in export prices. Overall, tufted textile fabric production, however, continues to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% against the previous year. Over the period under review, tufted textile fabric production attained its peak figure level at $X in 2009; however, from 2010 to 2018, production remained at a lower figure.

Tufted Textile Fabric Exports

Exports in the Middle East

In 2018, the amount of tufted textile fabrics exported in the Middle East stood at X square meters, stabilizing at the previous year. Overall, tufted textile fabric exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2015, when exports increased by X% year-to-year. The volume of exports peaked at X square meters in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, tufted textile fabric exports totaled $X in 2018. Overall, tufted textile fabric exports, however, continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2018, with an increase of X% against the previous year. Over the period under review, tufted textile fabric exports reached their maximum at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of tufted textile fabric exports in 2018 were the United Arab Emirates (X square meters), Jordan (X square meters) and Saudi Arabia (X square meters), together finishing at X% of total export. Yemen (X square meters) and Israel (X square meters) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Yemen (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest tufted textile fabric markets worldwide were Jordan ($X), the United Arab Emirates ($X) and Yemen ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Yemen experienced the highest rates of growth with regard to exports, over the last eleven year period, while the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The tufted textile fabric export price in the Middle East stood at $X per thousand square meters in 2018, going up by X% against the previous year. The export price indicated a prominent increase from 2007 to 2018: its price 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 2018 figures, the tufted textile fabric export price increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2014, an increase of X% year-to-year. Over the period under review, the export prices for tufted textile fabrics attained their maximum in 2018, and is likely to see steady growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Jordan ($X per thousand square meters), while Saudi Arabia ($X per thousand square meters) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Jordan, while the other leaders experienced a decline in the export price figures.

Tufted Textile Fabric Imports

Imports in the Middle East

The imports totaled X square meters in 2018, approximately equating the previous year. In general, tufted textile fabric imports, however, continue to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2017, when imports increased by X% y-o-y. The volume of imports peaked at X square meters in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, tufted textile fabric imports amounted to $X in 2018. In general, tufted textile fabric imports, however, continue to indicate a drastic contraction. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. The level of imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Saudi Arabia (X square meters) and the United Arab Emirates (X square meters) were the major importers of tufted textile fabrics in the world, together resulting at approx. X% of total imports. Jordan (X square meters) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Kuwait (X%), Oman (X%) and Lebanon (X%). The following importers - Yemen (X square meters) and Syrian Arab Republic (X square meters) together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Jordan, while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual growth rate of value in Kuwait totaled +X%. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and Lebanon (+X% per year).

Import Prices by Country

The tufted textile fabric import price in the Middle East stood at $X per thousand square meters in 2018, declining by -X% against the previous year. In general, the tufted textile fabric import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2015, an increase of X% y-o-y. In that year, the import prices for tufted textile fabrics reached their peak level of $X per thousand square meters. From 2016 to 2018, the growth in terms of the import prices for tufted textile fabrics remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Syrian Arab Republic, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform