Qatar: Narrow Woven Fabric Market 2024

Narrow Woven Fabric Market Size in Qatar

The Qatari narrow woven fabric market was estimated at $X in 2021, growing by 14% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed prominent growth. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the near future.

Narrow Woven Fabric Exports

Exports from Qatar

After three years of growth, overseas shipments of narrow woven fabrics decreased by -72.3% to X tons in 2017. Overall, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by 1,290% against the previous year. As a result, the exports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, narrow woven fabric exports reduced notably to $X in 2017. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 44%. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

From 2012 to 2017, the average annual growth rate of volume to No country was relatively modest.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for narrow woven fabrics exports from Qatar, comprising 0.5% of total exports. The second position in the ranking was held by Jordan ($X), with a 0.1% share of total exports.

From 2012 to 2017, the average annual growth rate of value to the United Arab Emirates amounted to -45.2%.

Export Prices by Country

In 2015, the average narrow woven fabric export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price showed a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2015 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+62.4%).

Narrow Woven Fabric Imports

Imports into Qatar

In 2021, narrow woven fabric imports into Qatar shrank modestly to X tons, approximately reflecting the previous year. Overall, imports, however, recorded mild growth. The pace of growth appeared the most rapid in 2015 when imports increased by 67%. Over the period under review, imports attained the maximum at X tons in 2020, and then contracted in the following year.

In value terms, narrow woven fabric imports skyrocketed to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +102.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 61% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of narrow woven fabric to Qatar, with a 51% share of total imports. Moreover, narrow woven fabric imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. Pakistan (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-0.2% per year) and Pakistan (-9.4% per year).

In value terms, China ($X) constituted the largest supplier of narrow woven fabrics to Qatar, comprising 47% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports. It was followed by Turkey, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+41.2% per year) and Turkey (+11.6% per year).

Import Prices by Country

In 2021, the average narrow woven fabric import price amounted to $X per ton, picking up by 26% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 94%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Taiwan (Chinese) ($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 UK (+26.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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