MENA: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in MENA

The MENA's textile relling machine market declined dramatically to $X in 2021, dropping by -20.1% against the previous year. In general, consumption, however, showed moderate growth. Over the period under review, the market hit record highs at $X in 2020, and then fell markedly in the following year.

Textile Relling Machine Production in MENA

In value terms, textile relling machine production rose slightly to $X in 2021 estimated in export price. In general, production posted a pronounced increase. The most prominent rate of growth was recorded in 2014 with an increase of 93%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Textile Relling Machine Exports

Exports in MENA

In 2021, overseas shipments of machines for reeling, unreeling or textile fabrics increased by 131% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports posted a resilient increase. The volume of export peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, textile relling machine exports skyrocketed to $X in 2021. Overall, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, resulting at X units, which was approx. 93% of total exports in 2021. Algeria (X units) held a little share of total exports.

Turkey was also the fastest-growing in terms of the machines for reeling, unreeling or textile fabrics exports, with a CAGR of +7.8% from 2012 to 2021. Algeria experienced a relatively flat trend pattern. While the share of Algeria (+4.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Turkey (-2.7 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest textile relling machine supplier in MENA, comprising 92% of total exports. The second position in the ranking was taken by Algeria ($X), with a 0.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey stood at +20.5%.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, falling by -5.8% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 114%. Over the period under review, the export prices reached the maximum at $X per unit in 2020, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Algeria totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+11.7%).

Textile Relling Machine Imports

Imports in MENA

In 2021, approx. X units of machines for reeling, unreeling or textile fabrics were imported in MENA; declining by -15.6% against 2020. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +42.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. As a result, imports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, textile relling machine imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Turkey prevails in imports structure, accounting for X units, which was near 63% of total imports in 2021. It was distantly followed by Morocco (X units), Iran (X units) and Egypt (X units), together making up a 22% share of total imports. The following importers - Israel (X units), the United Arab Emirates (X units) and Tunisia (X units) - together made up 7.9% of total imports.

Imports into Turkey increased at an average annual rate of +7.4% from 2012 to 2021. At the same time, Tunisia (+10.7%), Egypt (+8.1%), Iran (+7.8%), Morocco (+7.1%), the United Arab Emirates (+5.6%) and Israel (+1.0%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing importer imported in MENA, with a CAGR of +10.7% from 2012-2021. While the share of Turkey (+8.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Israel (-1.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported machines for reeling, unreeling or textile fabrics in MENA, comprising 63% of total imports. The second position in the ranking was held by Morocco ($X), with a 6.8% share of total imports. It was followed by Egypt, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value in Turkey totaled +8.8%. In the other countries, the average annual rates were as follows: Morocco (+7.6% per year) and Egypt (+4.7% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, surging by 33% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+1.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform