MENA: Sisal Binder Market 2025

Sisal Binder Market Size in MENA

The MENA's sisal binder market stood at $X in 2022, growing by 7.6% against the previous year. The market value increased at an average annual rate of +4.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Sisal Binder Production in MENA

In value terms, sisal binder production rose remarkably to $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Sisal Binder Exports

Exports in MENA

In 2022, approx. X tons of sisal binder or baler (agricultural) twines were exported in MENA; therefore, remained relatively stable against the previous year. In general, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 145% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, sisal binder exports reduced to $X in 2022. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 163% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Egypt (X tons) represented the major exporter of sisal binder or baler (agricultural) twines, creating 58% of total exports. Turkey (X tons) ranks second in terms of the total exports with a 19% share, followed by the United Arab Emirates (6.4%) and Saudi Arabia (5.9%). The following exporters - Oman (X tons), Iran (X tons) and Syrian Arab Republic (X tons) - together made up 9.6% of total exports.

Egypt was also the fastest-growing in terms of the sisal binder or baler (agricultural) twines exports, with a CAGR of +108.0% from 2012 to 2022. At the same time, Iran (+13.7%), Oman (+10.0%), Turkey (+4.7%), Saudi Arabia (+1.9%) and the United Arab Emirates (+1.4%) displayed positive paces of growth. Syrian Arab Republic experienced a relatively flat trend pattern. From 2012 to 2022, the share of Egypt increased by +58 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest sisal binder supplier in MENA, comprising 63% of total exports. The second position in the ranking was held by Turkey ($X), with a 17% share of total exports. It was followed by Saudi Arabia, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt stood at +110.1%. In the other countries, the average annual rates were as follows: Turkey (-0.4% per year) and Saudi Arabia (+3.1% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, shrinking by -6.5% against the previous year. Overall, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2014 when the export price increased by 50% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained 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 Saudi Arabia ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+5.9%), while the other leaders experienced more modest paces of growth.

Sisal Binder Imports

Imports in MENA

In 2022, imports of sisal binder or baler (agricultural) twines in MENA shrank to X tons, which is down by -2.7% compared with 2021 figures. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 197% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sisal binder imports reduced slightly to $X in 2022. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2018 with an increase of 516% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Egypt (X tons), Yemen (X tons) and Turkey (X tons) represented roughly 46% of total imports in 2022. Oman (X tons) held the next position in the ranking, followed by the United Arab Emirates (X tons), Lebanon (X tons) and Libya (X tons). All these countries together took near 36% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Libya (with a CAGR of +14.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sisal binder importing markets in MENA were the United Arab Emirates ($X), Egypt ($X) and Turkey ($X), with a combined 56% share of total imports. Oman, Libya, Lebanon and Yemen lagged somewhat behind, together comprising a further 28%.

In terms of the main importing countries, Libya, with a CAGR of +12.4%, saw the highest growth rate of the value of imports, 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 MENA stood at $X per ton in 2022, with a decrease of -2.4% against the previous year. Overall, the import price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2018 an increase of 107%. As a result, import price reached the peak level of $X per ton. From 2019 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 ($X per ton), while Yemen ($X per ton) 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 (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform