Latest Report Update: Jun 22, 2021

Saudi Arabia - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Saudi Arabia: Synthetic Yarn Market Overview 2021

Synthetic Yarn Market Size in Saudi Arabia

The Saudi synthetic yarn market expanded to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2009 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in the immediate term.

Synthetic Yarn Production in Saudi Arabia

In value terms, synthetic yarn production rose sharply to $X in 2020 estimated in export prices. Overall, production posted resilient growth. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% y-o-y. Synthetic yarn production peaked in 2020 and is likely to continue growth in the near future.

Synthetic Yarn Exports

Exports from Saudi Arabia

In 2020, shipments abroad of yarn of synthetic or artificial staple fibers increased by X% to X tonnes, rising for the second year in a row after three years of decline. Overall, exports recorded a prominent increase. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, synthetic yarn exports rose remarkably to $X in 2020. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tonnes), Nigeria (X tonnes) and India (X tonnes) were the main destinations of synthetic yarn exports from Saudi Arabia, together accounting for X% of total exports. Belgium, Algeria and Jordan lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (+X% per year), while exports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+X% per year) and Algeria (+X% per year).

Export Prices by Country

The average synthetic yarn export price stood at $X per tonne in 2020, leveling off at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Algeria ($X per tonne), while the average price for exports to India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Algeria, while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Yarn Imports

Imports into Saudi Arabia

In 2020, after three years of growth, there was significant decline in overseas purchases of yarn of synthetic or artificial staple fibers, when their volume decreased by -X% to X tonnes. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, synthetic yarn imports dropped markedly to $X in 2020. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

India (X tonnes), Turkey (X tonnes) and China (X tonnes) were the main suppliers of synthetic yarn imports to Saudi Arabia, with a combined X% share of total imports. Germany, Indonesia, the United Arab Emirates and Egypt lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in the United Arab Emirates, while purchases for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X), China ($X) and India ($X) appeared to be the largest synthetic yarn suppliers to Saudi Arabia, with a combined X% share of total imports. These countries were followed by Indonesia, the United Arab Emirates, Egypt and Germany, which together accounted for a further X the main suppliers, Egypt saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average synthetic yarn import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Indonesia ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 Platform

Product coverage:
• Prodcom 13108210 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, n.p.r.s.
• Prodcom 13108250 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, p.r.s.
• Prodcom 13108320 - Yarn containing < .85 % by weight of polyester staple fibres (other than sewing thread), mixed with artificial fibres, n.p.r.s.
• Prodcom 13108340 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), mixed with cotton, n.p.r.s.
• Prodcom 13108380 - Other yarns, containing < .85 % by weight of synthetic staple fibres (other than sewing thread), n.p.r.s., n.e.c.
• Prodcom 13108390 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), p.r.s.
• Prodcom 131083Z0 - Yarn of synthetic staple fibres mixed with wool, n.p.r.s
• Prodcom 13108410 - Yarn (other than sewing thread) of artificial staple fibres, n .p.r.s.
• Prodcom 13108430 - Yarn (other than sewing thread) of artificial staple fibres, p.r.s.

This report provides an in-depth analysis of the synthetic yarn 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 2025.


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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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