Middle East: Weaving Machine Market 2020

Weaving Machine Market Size in Middle East

The revenue of the weaving machine market in Middle East amounted to $X in 2017, declining by -X% against the previous year. The weaving machine consumption continues to indicate a precipitous slump. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. Over the period under review, the weaving machine market attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Weaving Machine Production in Middle East

In 2017, the amount of weaving machines produced in Middle East stood at X units, rising by X% against the previous year. The total output indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the weaving machine production increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2009, when the output figure increased by X% against the previous year. The volume of weaving machine production peaked of X units in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Weaving Machine Exports in Middle East

In 2017, approx. X units of weaving machines were exported in Middle East; surging by X% against the previous year. The weaving machine exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2015, when exports increased by X% year-to-year. The volume of exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, weaving machine exports amounted to $X in 2017. The total exports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the weaving machine exports increased by +X% against 2012 indices. Over the period under review, the weaving machine exports reached its peak figure level in 2017, and are likely to continue its growth in the near future.

Weaving Machine Exports by Country in Middle East

The exports of the one major exporters of weaving machines, namely Saudi Arabia, represented more than two-thirds of total export.

Saudi Arabia was also the fastest growing in terms of the weaving machines exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Saudi Arabia decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) also remains the largest weaving machine supplier in Middle East.

From 2007 to 2017, the average annual rate of growth in terms of value in Saudi Arabia totaled +X%.

Weaving Machine Export Prices by Country in Middle East

The weaving machine export price in Middle East stood at $X per unit in 2017, approximately mirroring the previous year. The weaving machine export price continues to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2016, an increase of X% year-to-year. The level of export price peaked of $X thousand per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Saudi Arabia.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Saudi Arabia (-X% per year).

Weaving Machine Imports in Middle East

In 2017, approx. X units of weaving machines were imported in Middle East; shrinking by -X% against the previous year. The weaving machine imports continue to indicate an abrupt shrinkage. The growth pace was the most rapid in 2011, when it surged by -X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, weaving machine imports totaled $X in 2017. The weaving machine imports continue to indicate a relatively flat trend pattern. Over the period under review, the weaving machine imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Weaving Machine Imports by Country in Middle East

Jordan represented the key importing country with an import of about X units, which accounted for X% of total imports. Turkey (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Saudi Arabia (X%) and Iran (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, Turkey ($X) constitutes the largest market for imported weaving machines in Middle East, making up X% of global imports. The second position in the ranking was occupied by Iran ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

In Turkey, weaving machine imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Iran (-X% per year) and Saudi Arabia (-X% per year).

Weaving Machine Import Prices by Country in Middle East

The weaving machine import price in Middle East stood at $X thousand per unit in 2017, picking up by X% against the previous year. The weaving machine import price continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% against the previous year. In that year, the import prices for weaving machines reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Turkey ($X thousand per unit), while Jordan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Jordan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform