
Saudi Arabia - Woven Pile Fabrics and Chenille Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Saudi Arabia: Market for Woven Pile Fabrics And Chenille Fabrics 2022
Market Size for Woven Pile Fabrics And Chenille Fabrics in Saudi Arabia
In 2021, the Saudi pile and chenille fabric market decreased by less than X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption saw modest growth. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
Production of Woven Pile Fabrics And Chenille Fabrics in Saudi Arabia
In value terms, pile and chenille fabric production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted modestly in the following year.
Exports of Woven Pile Fabrics And Chenille Fabrics
Exports from Saudi Arabia
In 2021, the amount of woven pile fabrics and chenille fabrics exported from Saudi Arabia shrank rapidly to X tons, dropping by -X% on the previous year. In general, exports saw a slight contraction. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2020, and then fell markedly in the following year.
In value terms, pile and chenille fabric exports contracted notably to $X in 2021. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced sharply in the following year.
Exports by Country
Sudan (X tons) was the main destination for pile and chenille fabric exports from Saudi Arabia, with a X% share of total exports. Moreover, pile and chenille fabric exports to Sudan exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Sudan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and China (+X% per year).
In value terms, the largest markets for pile and chenille fabric exported from Saudi Arabia were Sudan ($X), the United Arab Emirates ($X) and China ($X), with a combined X% share of total exports.
China, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average pile and chenille fabric export price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Sudan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+X%), while the prices for the other major destinations experienced a decline.
Imports of Woven Pile Fabrics And Chenille Fabrics
Imports into Saudi Arabia
In 2021, after two years of growth, there was decline in purchases abroad of woven pile fabrics and chenille fabrics, when their volume decreased by -X% to X tons. Overall, imports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.
In value terms, pile and chenille fabric imports expanded sharply to $X in 2021. In general, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X tons) constituted the largest pile and chenille fabric supplier to Saudi Arabia, with a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold.
From 2012 to 2021, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Morocco (-X% per year).
In value terms, China ($X) constituted the largest supplier of pile and chenille fabric to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-X% per year) and Turkey (-X% per year).
Import Prices by Country
In 2021, the average pile and chenille fabric import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably countryorigin: the country with the highest price was Morocco ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pile and chenille fabric 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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