GCC: Market for Non-Woven, Felt and Coated Textile Garments 2024

Market Size for Non-Woven, Felt and Coated Textile Garments in GCC

The GCC market for non-woven, felt and coated textile garments rose remarkably to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption showed a remarkable increase. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Non-Woven, Felt and Coated Textile Garments in GCC

In value terms, production of non-woven, felt and coated textile garments rose markedly to $X in 2023 estimated in export price. Overall, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Non-Woven, Felt and Coated Textile Garments

Exports in GCC

In 2023, the amount of non-woven, felt and coated textile garments exported in GCC dropped significantly to X units, which is down by X% compared with 2022 figures. Overall, exports showed a pronounced contraction. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X units. From 2014 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of non-woven, felt and coated textile garments rose sharply to $X in 2023. Total exports indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

Saudi Arabia (X units), Oman (X units) and the United Arab Emirates (X units) represented roughly X% of total exports in 2023. The following exporters - Kuwait (X units), Bahrain (X units) and Qatar (X units) - each resulted at a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Oman ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in GCC stood at $X per unit in 2023, growing by X% against the previous year. Export price indicated a buoyant increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Woven, Felt and Coated Textile Garments

Imports in GCC

In 2023, after two years of decline, there was significant growth in overseas purchases of non-woven, felt and coated textile garments, when their volume increased by X% to X units. Overall, imports, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X units. From 2021 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of non-woven, felt and coated textile garments skyrocketed to $X in 2023. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2015; however, from 2016 to 2023, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the main importing country with an import of around X units, which resulted at X% of total imports. It was distantly followed by Bahrain (X units), Oman (X units), Kuwait (X units) and Qatar (X units), together creating a X% share of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of non-woven, felt and coated textile garments. At the same time, Bahrain (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. Kuwait experienced a relatively flat trend pattern. By contrast, Qatar (X%) and Oman (X%) illustrated a downward trend over the same period. Bahrain (X p.p.), the United Arab Emirates (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Qatar and Oman saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported non-woven, felt and coated textile garments in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with an X% share of total imports. It was followed by Oman, with a X% share.

In the United Arab Emirates, imports of non-woven, felt and coated textile garments remained relatively stable over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in 2014 when the import price increased by X%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Kuwait ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform