Middle East: Knitted Fabric Market 2025

Knitted Fabric Market Size in the Middle East

The Middle Eastern knitted fabric market was estimated at $X in 2021, surging by 5% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Knitted Fabric Production in the Middle East

In value terms, knitted fabric production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 14% against the previous year. The level of production peaked in 2021 and is likely to see gradual growth in the immediate term.

Knitted Fabric Exports

Exports in the Middle East

Knitted fabric exports surged to X tons in 2021, picking up by 25% against the previous year. The total export volume increased at an average annual rate of +5.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, knitted fabric exports soared to $X in 2021. The total export value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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, finishing at X tons, which was near 94% of total exports in 2021. It was distantly followed by Israel (X tons), generating a 4.6% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to knitted fabric exports from Turkey stood at +5.3%. At the same time, Israel (+11.0%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +11.0% from 2012-2021. While the share of Israel (+1.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest knitted fabric supplier in the Middle East, comprising 93% of total exports. The second position in the ranking was held by Israel ($X), with a 6.2% share of total exports.

In Turkey, knitted fabric exports increased at an average annual rate of +3.7% over the period from 2012-2021.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, surging by 11% against the previous year. In general, the export price, however, showed a mild descent. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.6%).

Knitted Fabric Imports

Imports in the Middle East

In 2021, the amount of knitted or crocheted fabrics imported in the Middle East soared to X tons, picking up by 21% compared with the year before. The total import volume increased at an average annual rate of +6.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 26%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, knitted fabric imports soared to $X in 2021. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of knitted fabric imports in 2021 were Turkey (X tons), Jordan (X tons) and the United Arab Emirates (X tons), together reaching 56% of total import. It was distantly followed by Iraq (X tons), Saudi Arabia (X tons) and Iran (X tons), together making up a 27% share of total imports. Yemen (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +16.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), Turkey ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2021, together accounting for 65% of total imports. These countries were followed by Iraq, Iran, Saudi Arabia and Yemen, which together accounted for a further 22%.

Iraq, with a CAGR of +12.4%, saw the highest rates of growth with regard to 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

The import price in the Middle East stood at $X per ton in 2021, surging by 3.7% against the previous year. In general, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 an increase of 19%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (-1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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