Middle East: Market for Bed Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Bed Linen Of Knitted Or Crocheted Textiles in the Middle East

The Middle Eastern market for bed linen of knitted or crocheted textiles declined slightly to $X in 2022, dropping by -3.4% against the previous year. The total consumption indicated a strong expansion 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, consumption decreased by -6.5% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Bed Linen Of Knitted Or Crocheted Textiles in the Middle East

In value terms, production of bed linen of knitted or crocheted textiles reduced markedly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 228% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Bed Linen Of Knitted Or Crocheted Textiles

Exports in the Middle East

In 2022, shipments abroad of bed linen of knitted or crocheted textiles decreased by -27.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 33%. The volume of export peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, exports of bed linen of knitted or crocheted textiles contracted significantly to $X in 2022. Total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.2% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by 34% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

Turkey dominates textiles structure, recording X tons, which was near 97% of total exports in 2022. The United Arab Emirates (X tons) held a minor share of total exports.

Exports from Turkey increased at an average annual rate of +3.9% from 2012 to 2022. At the same time, the United Arab Emirates (+3.9%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +3.9% from 2012-2022. While the share of Turkey (+1.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest bed linen of knitted or crocheted textiles supplier in the Middle East, comprising 98% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 1.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at +4.1%.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Turkey ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.1%).

Imports of Bed Linen Of Knitted Or Crocheted Textiles

Imports in the Middle East

In 2022, after two years of growth, there was significant decline in purchases abroad of bed linen of knitted or crocheted textiles, when their volume decreased by -23.4% to X tons. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 13% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of bed linen of knitted or crocheted textiles dropped sharply to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

The United Arab Emirates (X tons) and Israel (X tons) prevails in textiles structure, together committing 72% of total imports. Qatar (X tons) ranks next in terms of the total imports with a 7.4% share, followed by Iraq (6.6%). The following importers - Palestine (X tons), Oman (X tons) and Kuwait (X tons) - each accounted for a 9.2% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of +37.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), the United Arab Emirates ($X) and Qatar ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 81% share of total imports.

Among the main importing countries, Israel, with a CAGR of +35.0%, recorded the highest rates of growth with regard to 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 the Middle East stood at $X per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2021 when the import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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