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Saudi Arabia - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Hat Market Overview 2020

Hat Market Size in Saudi Arabia

The revenue of the hat market in Saudi Arabia amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, hat consumption continues to indicate a drastic descent. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, the hat market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Hat Production in Saudi Arabia

In value terms, hat production totaled $X in 2018 estimated in export prices. Over the period under review, hat production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Hat production peaked in 2018 and is likely to continue its growth in the immediate term.

Hat Exports

Exports from Saudi Arabia

In 2018, the amount of hats and other headgear exported from Saudi Arabia totaled X units, growing by X% against the previous year. In general, hat exports, however, continue to indicate a slight shrinkage. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. In that year, hat exports reached their peak of X units. From 2011 to 2018, the growth of hat exports remained at a lower figure.

In value terms, hat exports stood at $X in 2018. In general, hat exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, hat exports attained their peak figure at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for hat exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, hat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X units), fivefold. The third position in this ranking was occupied by Kuwait (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+X% per year) and Kuwait (-X% per year).

In value terms, Kuwait ($X) remains the key foreign market for hat exports from Saudi Arabia, comprising X% of total hat exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Kuwait amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2018, the average hat export price amounted to $X per unit, jumping by X% against the previous year. Overall, the hat export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for hats and other headgear reached their peak figure in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Kuwait ($X per unit), while the average price for exports to Oman ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait, while the prices for the other major destinations experienced more modest paces of growth.

Hat Imports

Imports into Saudi Arabia

Hat imports into Saudi Arabia amounted to X units in 2018, shrinking by -X% against the previous year. Overall, hat imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Imports peaked at X units in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, hat imports totaled $X in 2018. In general, hat imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, hat imports attained their peak figure at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X units) constituted the largest hat supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, hat imports from China exceeded the figures recorded by the second-largest supplier, Syrian Arab Republic (X units), threefold. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Syrian Arab Republic (-X% per year) and Turkey (+X% per year).

In value terms, the largest hat suppliers to Saudi Arabia were China ($X), the UK ($X) and Switzerland ($X), with a combined X% share of total imports. Turkey, Syrian Arab Republic, Indonesia and the United Arab Emirates lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hat import price stood at $X per unit in 2018, growing by X% against the previous year. Over the period under review, the hat import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for hats and other headgear reached their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
• Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
• Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
• Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear

This report provides an in-depth analysis of the hat market in Saudi Arabia. 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 2030.


Country coverage:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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