Saudi Arabia: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Saudi Arabia

The Saudi man-made filament fabric market rose sharply to $X in 2022, surging by X% against the previous year. In general, consumption, however, saw a perceptible decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Man-Made Filament Fabric Production in Saudi Arabia

In value terms, man-made filament fabric production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Man-made filament fabric production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Man-Made Filament Fabric Exports

Exports from Saudi Arabia

In 2022, approx. X square meters of woven fabrics of man-made filaments and staple fibers were exported from Saudi Arabia; waning by X% on 2021. Over the period under review, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at X square meters in 2021, and then declined markedly in the following year.

In value terms, man-made filament fabric exports declined sharply to $X in 2022. In general, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Oman (X square meters) was the main destination for man-made filament fabric exports from Saudi Arabia, accounting for a X% share of total exports. It was followed by Jordan (X square meters), with a X% share of total exports. The third position in this ranking was held by the United Arab Emirates (X square meters), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Oman totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (X% per year) and the United Arab Emirates (X% per year).

In value terms, Oman ($X) emerged as the key foreign market for woven fabrics of man-made filaments and staple fibers exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Jordan ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Oman stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average man-made filament fabric export price stood at $X per square meter in 2021, with an increase of X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per square meter in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while the average price for exports to the United Arab Emirates ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Man-Made Filament Fabric Imports

Imports into Saudi Arabia

In value terms, man-made filament fabric imports reduced modestly to $X in 2022. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Oman (X square meters), China (X square meters) and India (X square meters) were the main suppliers of man-made filament fabric imports to Saudi Arabia, together comprising X% of total imports. Moreover, man-made filament fabric imports in Oman exceeded the figures recorded by the second-largest supplier, China, threefold.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Oman ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Oman totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

In 2021, the average man-made filament fabric import price amounted to less than $X per thousand square meters, remaining stable against the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per thousand square meters), while the price for Oman ($X per thousand square meters) was amongst the lowest.

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

Source: IndexBox Platform

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