Middle East: Machine-Made Lace Market 2020

Machine-Made Lace Market Size in Middle East

The revenue of the machine-made lace market in Middle East amounted to $X in 2017, growing by X% against the previous year. The machine-made lace consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. The level of machine-made lace consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Machine-Made Lace Production in Middle East

The machine-made lace production amounted to X tons in 2017, surging by X% against the previous year. The machine-made lace production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. The volume of machine-made lace production peaked in 2017, and is expected to retain its growth in the near future.

Machine-Made Lace Exports in Middle East

In 2017, machine-made lace exports in Middle East amounted to X tons, waning by -X% against the previous year. The machine-made lace exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when exports increased by X% against the previous year. Over the period under review, the machine-made lace exports attained its peak figure volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, machine-made lace exports totaled $X in 2017. The machine-made lace exports continue to indicate a relatively flat trend pattern. Over the period under review, the machine-made lace exports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Machine-Made Lace Exports by Country in Middle East

Turkey prevails in machine-made lace exports structure, recording X tons, which was near X% of total exports in 2017. It was distantly followed by the United Arab Emirates (X tons), mixed up X% share of total exports.

Turkey experienced a relatively flat trend pattern of machine-made lace in the piece exports. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of the United Arab Emirates decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest machine-made lace supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey was relatively modest.

Machine-Made Lace Export Prices by Country in Middle East

The machine-made lace export price in Middle East stood at $X per kg in 2017, growing by X% against the previous year. The machine-made lace export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, an increase of X% year-to-year. The level of export price peaked of $X per kg in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Turkey ($X per kg) and the United Arab Emirates ($X per kg), while the United Arab Emirates ($X per kg) and Turkey ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year).

Machine-Made Lace Imports in Middle East

The imports amounted to X tons in 2017, reducing by -X% against the previous year. The machine-made lace imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2008, when imports increased by X% against the previous year. Over the period under review, the machine-made lace imports reached its peak figure volume of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, machine-made lace imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the machine-made lace imports reached its peak figure level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Machine-Made Lace Imports by Country in Middle East

Saudi Arabia (X tons) and the United Arab Emirates (X tons) represented roughly X% of total imports of machine-made lace in the piece in 2017. Iran (X tons) ranks second in terms of the global imports with a X% share, followed by Turkey (X%) and Syrian Arab Republic (X%). The following importers - Jordan (X tons) and Yemen (X tons) each recorded a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Yemen (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest machine-made lace markets worldwide were the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X), with a combined X% share of total imports. These countries were followed by Iran, Yemen, Syrian Arab Republic and Jordan, which together accounted for a further X%.

In terms of the main importing countries , Yemen (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Machine-Made Lace Import Prices by Country in Middle East

The machine-made lace import price in Middle East stood at $X per ton in 2017, growing by X% against the previous year. The machine-made lace import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. The level of import price peaked of $X per kg in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Turkey ($X per kg), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform