GCC: Man-Made Filament Fabric Market 2025

Man-Made Filament Fabric Market Size in GCC

The GCC man-made filament fabric market skyrocketed to $X in 2021, increasing by 57% against the previous year. Over the period under review, consumption, however, showed a mild contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Man-Made Filament Fabric Production in GCC

In value terms, man-made filament fabric production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production saw a slight contraction. The pace of growth was the most pronounced in 2015 when the production volume increased by 6.1%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Man-Made Filament Fabric Exports

Exports in GCC

In 2021, man-made filament fabric exports in GCC soared to X tons, with an increase of 45% on the previous year. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, man-made filament fabric exports skyrocketed to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia was the main exporting country with an export of around X tons, which amounted to 64% of total exports. It was distantly followed by the United Arab Emirates (X tons), creating a 33% share of total exports. Oman (X tons) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Saudi Arabia (with a CAGR of +16.7%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Oman ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 98% of total exports.

In terms of the main exporting countries, Saudi Arabia, with a CAGR of +16.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, with an increase of 9.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 22%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-0.4%), while the other leaders experienced a decline in the export price figures.

Man-Made Filament Fabric Imports

Imports in GCC

In 2021, imports of woven fabrics of man-made filaments and staple fibers in GCC soared to X tons, surging by 83% compared with the previous year's figure. Overall, imports showed a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, man-made filament fabric imports surged to $X in 2021. In general, imports, however, recorded a pronounced curtailment. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, amounting to X tons, which was near 86% of total imports in 2021. It was distantly followed by Kuwait (X tons), generating a 7.1% share of total imports. The following importers - Oman (X tons) and Qatar (X tons) - together made up 6.4% of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of woven fabrics of man-made filaments and staple fibers. At the same time, Qatar (+5.6%), Oman (+4.2%) and Kuwait (+4.1%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +5.6% from 2012-2021. While the share of Kuwait (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United Arab Emirates (-3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported woven fabrics of man-made filaments and staple fibers in GCC, comprising 73% of total imports. The second position in the ranking was taken by Kuwait ($X), with a 6.5% share of total imports. It was followed by Oman, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates stood at -2.8%. In the other countries, the average annual rates were as follows: Kuwait (+0.5% per year) and Oman (+1.5% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2021, waning by -11.9% against the previous year. In general, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2018 an increase of 5.7% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kuwait ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (-2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform