Middle East: Technical Textiles Market 2024

Technical Textiles Market Size in the Middle East

The Middle Eastern technical textiles market contracted to $X in 2021, which is down by -12.6% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Technical Textiles Production in the Middle East

In value terms, technical textiles production rose sharply to $X in 2021 estimated in export price. Overall, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 51% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Technical Textiles Exports

Exports in the Middle East

Technical textiles exports skyrocketed to X tons in 2021, picking up by 69% compared with 2020 figures. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, technical textiles exports soared to $X in 2021. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2015 when exports increased by 169%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Turkey represented the largest exporter of textile products and articles for technical uses in the Middle East, with the volume of exports reaching X tons, which was near 62% of total exports in 2021. Israel (X tons) held a 32% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (4.6%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Israel (with a CAGR of +61.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest technical textiles supplying countries in the Middle East were Israel ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined 99% share of total exports.

Israel, with a CAGR of +49.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, reducing by -18.4% against the previous year. Export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the export price increased by 66% against the previous year. The level of export peaked at $X per ton in 2020, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.3%), while the other leaders experienced a decline in the export price figures.

Technical Textiles Imports

Imports in the Middle East

In 2021, supplies from abroad of textile products and articles for technical uses was finally on the rise to reach X tons after three years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 14% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, technical textiles imports soared to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons), distantly followed by the United Arab Emirates (X tons), Iran (X tons), Israel (X tons) and Iraq (X tons) represented the main importers of textile products and articles for technical uses, together constituting 82% of total imports. Saudi Arabia (X tons) and Oman (X tons) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Oman (with a CAGR of +20.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest technical textiles importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), with a combined 67% share of total imports. Iran, Saudi Arabia, Iraq and Oman lagged somewhat behind, together comprising a further 22%.

Among the main importing countries, Oman, with a CAGR of +22.4%, 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 the Middle East stood at $X per ton in 2021, rising by 9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.8%. The pace of growth appeared the most rapid in 2019 when the import price increased by 17%. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+12.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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