Report Update Apr 1, 2024

Saudi Arabia - Horsehair - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Horsehair Market 2022

Horsehair Market Size in Saudi Arabia

In 2021, after six years of growth, there was decline in the Saudi horsehair market, when its value decreased by less than X% to $X. Overall, consumption enjoyed pronounced growth. Horsehair consumption peaked at $X in 2020, and then declined modestly in the following year.

Horsehair Production in Saudi Arabia

In value terms, horsehair production declined to $X in 2021 estimated in export price. Overall, production, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X, and then shrank in the following year.

Horsehair Exports

Exports from Saudi Arabia

In 2021, shipments abroad of horsehair decreased by X% to less than X kg for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, exports saw a precipitous decline. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, horsehair exports reduced rapidly to less than $X in 2021. Overall, exports continue to indicate a abrupt decline. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for horsehair exports from Saudi Arabia, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to India stood at -X%.

In value terms, India ($X) also remains the key foreign market for horsehair exports from Saudi Arabia.

From 2012 to 2018, the average annual rate of growth in terms of value to India stood at -X%.

Export Prices by Country

The average horsehair export price stood at $X per ton in 2018, jumping by X% against the previous year. In general, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked in 2018 and is likely to see gradual growth in years to come.

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

From 2012 to 2018, the rate of growth in terms of prices for India amounted to +X% per year.

Horsehair Imports

Imports into Saudi Arabia

In 2021, the amount of horsehair imported into Saudi Arabia surged to X tons, picking up by X% on the year before. Over the period under review, imports, however, faced a sharp slump. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, horsehair imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a sharp shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Pakistan (X tons) constituted the largest supplier of horsehair to Saudi Arabia, with a X% share of total imports. Moreover, horsehair imports from Pakistan exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. New Zealand (X tons) ranked third in terms of total imports with less than X% share.

From 2012 to 2021, the average annual growth rate of volume from Pakistan amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and New Zealand (X% per year).

In value terms, the largest horsehair suppliers to Saudi Arabia were Pakistan ($X), the UK ($X) and New Zealand ($X), with a combined X% share of total imports.

Among the main suppliers, Pakistan, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average horsehair import price stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horsehair in the world?

The country with the largest volume of horsehair consumption was China, accounting for 48% of total volume. Moreover, horsehair consumption in China exceeded the figures recorded by the second-largest consumer, Italy, sixfold. Kazakhstan ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of horsehair in the world?

The countries with the highest volumes of horsehair production in 2021 were Kazakhstan, Turkmenistan and Uzbekistan, with a combined 27% share of global production. Mali, Belgium, Lesotho, Iran, Afghanistan, Turkey, the United States, Pakistan, Ireland and Peru lagged somewhat behind, together comprising a further 53%.

What are the leading suppliers of horsehair to Saudi Arabia?

In value terms, the largest horsehair suppliers to Saudi Arabia were Pakistan, the UK and New Zealand, together accounting for 93% of total imports.

What are the leading importers of horsehair from Saudi Arabia?

In value terms, India remains the key foreign market for horsehair exports from Saudi Arabia.

What is the average export price for horsehair in Saudi Arabia?

In 2018, the average horsehair export price amounted to $11,506 per ton, increasing by 33% against the previous year.

What is the average import price for horsehair in Saudi Arabia?

In 2021, the average horsehair import price amounted to $1,345 per ton, picking up by 50% against the previous year.

This report provides an in-depth analysis of the horsehair 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.

Product coverage:

FCL 1030 - Fine goat hair
FCL 1031 - Coarse goat hair
FCL 1100 - Hair of horses
FCL 1218 - Hair, fine
FCL 1219 - Hair, coarse nes

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023