Jordan: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2024

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Jordan

After five years of growth, the Jordanian knitted shawl and scarf market decreased by -2.7% to $X in 2022. In general, consumption, however, continues to indicate a resilient expansion. Knitted shawl and scarf consumption peaked at $X in 2021, and then dropped in the following year.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Jordan

In value terms, knitted shawl and scarf production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 133% against the previous year. Knitted shawl and scarf production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports from Jordan

In 2022, the amount of shawls, scarves and the like of knitted or crocheted textiles exported from Jordan skyrocketed to X units, surging by 55% on the previous year's figure. Over the period under review, exports, however, recorded a precipitous slump. The growth pace was the most rapid in 2015 when exports increased by 1,178%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, knitted shawl and scarf exports skyrocketed to $X in 2022. In general, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 1,276%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Palestine (X units) was the main destination for knitted shawl and scarf exports from Jordan, with a 95% share of total exports. Moreover, knitted shawl and scarf exports to Palestine exceeded the volume sent to the second major destination, the United States (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Palestine totaled -7.7%.

In value terms, Palestine ($X) remains the key foreign market for shawls, scarves and the like of knitted or crocheted textiles exports from Jordan, comprising 91% of total exports. The second position in the ranking was taken by the United States ($X), with a 2.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Palestine totaled +7.6%.

Export Prices by Country

In 2022, the average knitted shawl and scarf export price amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 85%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Palestine ($X per unit), while the average price for exports to the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+16.6%).

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports into Jordan

In 2022, overseas purchases of shawls, scarves and the like of knitted or crocheted textiles increased by 2.3% to X units, rising for the third consecutive year after two years of decline. Overall, imports showed strong growth. The growth pace was the most rapid in 2020 with an increase of 220% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, knitted shawl and scarf imports dropped to $X in 2022. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 183% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of knitted shawl and scarf to Jordan, accounting for a 73% share of total imports. Moreover, knitted shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, Kuwait (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Kuwait (+41.9% per year) and Italy (-3.8% per year).

In value terms, China ($X) constituted the largest supplier of shawls, scarves and the like of knitted or crocheted textiles to Jordan, comprising 75% of total imports. The second position in the ranking was held by Kuwait ($X), with a 22% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Kuwait (+36.6% per year) and Italy (-7.4% per year).

Import Prices by Country

In 2022, the average knitted shawl and scarf import price amounted to $X per unit, shrinking by -9.5% against the previous year. Over the period under review, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 22%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform