Middle East: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in the Middle East

The Middle Eastern man-made filament fabric market fell to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a slight setback. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Man-Made Filament Fabric Production in the Middle East

In value terms, man-made filament fabric production reduced sharply to $X in 2022 estimated in export price. Overall, production, however, recorded measured growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Man-Made Filament Fabric Exports

Exports in the Middle East

In 2022, man-made filament fabric exports in the Middle East stood at X square meters, stabilizing at 2021 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, man-made filament fabric exports amounted to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey represented the main exporter of woven fabrics of man-made filaments and staple fibers in the Middle East, with the volume of exports recording X square meters, which was approx. X% of total exports in 2022. Saudi Arabia (X square meters) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%). Iran (X square meters) held a minor share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) and Iran (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest man-made filament fabric supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey was relatively modest. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per square meter, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while Iran ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Man-Made Filament Fabric Imports

Imports in the Middle East

In 2022, the amount of woven fabrics of man-made filaments and staple fibers imported in the Middle East contracted to X square meters, waning by X% against the previous year. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, man-made filament fabric imports fell to $X in 2022. Overall, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X square meters), distantly followed by Turkey (X square meters), Iraq (X square meters), Iran (X square meters) and Yemen (X square meters) represented the major importers of woven fabrics of man-made filaments and staple fibers, together generating X% of total imports. Jordan (X square meters) and Israel (X square meters) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest man-made filament fabric importing markets in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Iran ($X), with a combined X% share of total imports. Iraq, Yemen, Jordan and Israel lagged somewhat behind, together comprising a further X%.

Jordan, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per square meter in 2022, leveling off at the previous year. Over the period under review, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per square meter), while Iraq ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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