Middle East: Comb Market 2024

Comb Market Size in the Middle East

The Middle Eastern comb market shrank rapidly to $X in 2022, with a decrease of -33.3% against the previous year. Over the period under review, consumption recorded a deep slump. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Comb Production in the Middle East

In value terms, comb production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Comb Exports

Exports in the Middle East

For the third consecutive year, the Middle East recorded growth in shipments abroad of combs and hair-slides, which increased by 41% to X tons in 2022. In general, exports recorded a noticeable expansion. The most prominent rate of growth was recorded in 2018 with an increase of 54% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, comb exports surged to $X in 2022. Total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% 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 +39.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 60% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey was the major exporting country with an export of about X tons, which accounted for 65% of total exports. It was distantly followed by the United Arab Emirates (X tons) and Oman (X tons), together making up a 33% share of total exports.

Exports from Turkey increased at an average annual rate of +1.6% from 2012 to 2022. At the same time, the United Arab Emirates (+27.7%) and Oman (+11.5%) 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 +27.7% from 2012-2022. From 2012 to 2022, the share of the United Arab Emirates and Oman increased by +23 and +2.8 percentage points, respectively.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Oman ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 96% of total exports.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of +19.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, falling by -12.6% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 77% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+4.5%), while the other leaders experienced a decline in the export price figures.

Comb Imports

Imports in the Middle East

In 2022, imports of combs and hair-slides in the Middle East dropped sharply to X tons, waning by -24.7% on the year before. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 29% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, comb imports declined sharply to $X in 2022. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 18% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Iraq (X tons) and the United Arab Emirates (X tons) represented the key importers of combs and hair-slides in 2022, reaching near 27% and 24% of total imports, respectively. It was distantly followed by Yemen (X tons), Iran (X tons), Israel (X tons), Turkey (X tons) and Kuwait (X tons), together committing a 36% share of total imports. Oman (X tons) took a relatively small 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 Oman (with a CAGR of +27.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Iraq ($X) and Israel ($X) were the countries with the highest levels of imports in 2022, together accounting for 58% of total imports. Turkey, Yemen, Iran, Kuwait and Oman lagged somewhat behind, together accounting for a further 30%.

Oman, with a CAGR of +31.5%, saw the highest rates of growth with regard to the value of imports, among 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 the Middle East amounted to $X per ton, shrinking by -4% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2020 an increase of 24%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then declined slightly in the following year.

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 Israel ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+9.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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