MENA: Hand-Made Lace Market 2025

Hand-Made Lace Market Size in MENA

After two years of decline, the MENA's hand-made lace market increased by 12% to $X in 2022. In general, consumption, however, continues to indicate a mild reduction. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Hand-Made Lace Production in MENA

In value terms, hand-made lace production expanded to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 28% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Hand-Made Lace Exports

Exports in MENA

In 2022, hand-made lace exports in MENA surged to X tons, rising by 91% on 2021 figures. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 336% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, hand-made lace exports skyrocketed to $X in 2022. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 337%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Turkey represented the main exporter of hand-made lace in the piece, in strips or in motifs in MENA, with the volume of exports accounting for X tons, which was approx. 81% of total exports in 2022. It was distantly followed by Israel (X tons), constituting a 13% share of total exports. The following exporters - Egypt (X tons), Morocco (X tons) and the United Arab Emirates (X tons) - each accounted for a 6.4% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hand-made lace exports from Turkey stood at +14.7%. At the same time, Morocco (+90.7%), Egypt (+48.0%), Israel (+36.1%) and the United Arab Emirates (+6.6%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in MENA, with a CAGR of +90.7% from 2012-2022. Israel (+13 p.p.), Egypt (+2.2 p.p.) and Morocco (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Turkey saw its share reduced by -2.6% and -14.1% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest hand-made lace supplier in MENA, comprising 79% of total exports. The second position in the ranking was taken by Israel ($X), with an 18% share of total exports. It was followed by Egypt, with a 1.2% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to +13.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (+34.0% per year) and Egypt (+26.8% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, jumping by 53% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.1%), while the other leaders experienced a decline in the export price figures.

Hand-Made Lace Imports

Imports in MENA

In 2022, after two years of decline, there was significant growth in overseas purchases of hand-made lace in the piece, in strips or in motifs, when their volume increased by 26% to X tons. Overall, imports showed a pronounced expansion. The pace of growth was the most pronounced in 2019 when imports increased by 544% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, hand-made lace imports totaled $X in 2022. In general, imports posted a modest expansion. The most prominent rate of growth was recorded in 2019 with an increase of 236% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, resulting at X tons, which was approx. 75% of total imports in 2022. Tunisia (X tons) held the second position in the ranking, followed by Egypt (X tons). All these countries together took near 16% share of total imports. Algeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hand-made lace imports into the United Arab Emirates stood at +6.6%. At the same time, Egypt (+18.4%) and Algeria (+15.1%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in MENA, with a CAGR of +18.4% from 2012-2022. Tunisia experienced a relatively flat trend pattern. While the share of the United Arab Emirates (+26 p.p.) and Egypt (+5.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (-2 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 ($X), Tunisia ($X) and Egypt ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 94% share of total imports.

Egypt, with a CAGR of +40.7%, 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

In 2022, the import price in MENA amounted to $X per ton, falling by -9.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by 131%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+18.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform