Middle East: Combed Wool Market 2020

Combed Wool Market Size in Middle East

The revenue of the combed wool market in Middle East amounted to $X in 2017, surging by X% against the previous year. The combed wool consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when market value increased by X% year-to-year. Over the period under review, the combed wool market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Combed Wool Production in Middle East

In 2017, approx. X tons of wool or animal hair (including wool tops) were produced in Middle East; increasing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the combed wool production attained its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Combed Wool Exports in Middle East

In 2017, approx. X tons of wool or animal hair (including wool tops) were exported in Middle East; going down by -X% against the previous year. The combed wool exports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2011, when exports increased by X% year-to-year. In that year, the combed wool exports attained their peak volume of X tons. From 2012 to 2017, growth of the combed wool exports failed to regain its momentum.

In value terms, combed wool exports totaled $X in 2017. The combed wool exports continue to indicate a noticeable descent. In that year, the combed wool exports attained their peak level of $X. From 2012 to 2017, growth of the combed wool exports failed to regain its momentum.

Combed Wool Exports by Country in Middle East

Turkey prevails in combed wool exports structure, accounting for X tons, which was approx. X% of total exports in 2017. It was distantly followed by Jordan (X tons) and Saudi Arabia (X tons), together mixed up X% share of total exports. The following exporters - Iraq (X tons) and Syrian Arab Republic (X tons) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to combed wool exports from Turkey stood at -X%. Jordan (-X%), Saudi Arabia (-X%), Syrian Arab Republic (-X%) and Iraq (-X%) illustrated a downward trend over the same period. Turkey (X%), Iraq (X%), Saudi Arabia (X%), Jordan (X%) and Syrian Arab Republic (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Jordan ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

In terms of the main exporting countries , Jordan (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Combed Wool Export Prices by Country in Middle East

The combed wool export price in Middle East stood at $X per ton in 2017, going up by X% against the previous year. The export price indicated a notable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. In that year, the export prices for wool or animal hair (including wool tops) attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Jordan ($X per kg), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Jordan (+X% per year), while the other leaders experienced more modest paces of growth.

Combed Wool Imports in Middle East

In 2017, approx. X tons of wool or animal hair (including wool tops) were imported in Middle East; rising by X% against the previous year. The combed wool imports continue to indicate an abrupt decline. The pace of growth was the most pronounced in 2010, when imports increased by X% against the previous year. Over the period under review, the combed wool imports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, combed wool imports stood at $X in 2017. The combed wool imports continue to indicate a perceptible slump. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Combed Wool Imports by Country in Middle East

Turkey dominates combed wool imports structure, resulting at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Iran (X tons), mixed up X% share of total imports. The United Arab Emirates (X tons) followed a long way behind the leaders.

Imports into Turkey decreased at an average annual rate of -X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Iran (-X%) illustrated a downward trend over the same period. Turkey (X%) and Iran (X%) significantly strengthened its position in terms of the global imports, while the United Arab Emirates saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported wool or animal hair (including wool tops) in Middle East, making up X% of global imports. The second position in the ranking was occupied by Iran ($X), with a X% share of global imports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey amounted to -X%. In the other countries, the average annual rates were as follows: Iran (-X% per year) and the United Arab Emirates (+X% per year).

Combed Wool Import Prices by Country in Middle East

The combed wool import price in Middle East stood at $X per ton in 2017, coming down by -X% against the previous year. The combed wool import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of X% year-to-year. In that year, the import prices for wool or animal hair (including wool tops) reached their peak level of $X per kg. From 2012 to 2017, growth of the import prices for wool or animal hair (including wool tops) stood at a somewhat lower level.

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 ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform