United Arab Emirates: Hand-Made Lace Market 2024

Hand-Made Lace Market Size in the United Arab Emirates

In 2022, the hand-made lace market in the United Arab Emirates decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption continues to indicate a temperate increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Hand-Made Lace Production in the United Arab Emirates

In value terms, hand-made lace production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Over the period under review, production reached the peak level in 2022 and is likely to continue growth in years to come.

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Hand-Made Lace Exports

Exports from the United Arab Emirates

Hand-made lace exports from the United Arab Emirates dropped notably to X tons in 2022, which is down by X% against the year before. Over the period under review, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, hand-made lace exports surged to $X in 2022. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Tunisia (X tons), Oman (X tons) and Qatar (X tons) were the main destinations of hand-made lace exports from the United Arab Emirates, with a combined X% share of total exports. China, Kuwait, India and Azerbaijan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X) emerged as the key foreign market for hand-made lace in the piece, in strips or in motifs exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Tunisia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Qatar (X% per year).

Export Prices by Country

In 2022, the average hand-made lace export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price showed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Made Lace Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of hand-made lace in the piece, in strips or in motifs decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, hand-made lace imports plummeted to $X in 2022. Overall, imports showed a deep contraction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest hand-made lace supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, hand-made lace imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by Pakistan (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Pakistan (X% per year).

In value terms, the largest hand-made lace suppliers to the United Arab Emirates were China ($X), India ($X) and Pakistan ($X), with a combined X% share of total imports. Turkey and Morocco lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hand-made lace import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, 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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