Saudi Arabia: Market for Bed Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Bed Linen Of Knitted Or Crocheted Textiles in Saudi Arabia

The Saudi market for bed linen of knitted or crocheted textiles fell notably to less than $X in 2022, declining by 99.9% against the previous year. In general, consumption continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 9.7% against the previous year. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Bed Linen Of Knitted Or Crocheted Textiles in Saudi Arabia

In value terms, production of bed linen of knitted or crocheted textiles stood at $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Production of peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Bed Linen Of Knitted Or Crocheted Textiles

Exports from Saudi Arabia

For the third consecutive year, Saudi Arabia recorded growth in overseas shipments of bed linen of knitted or crocheted textiles, which increased by 53% to X tons in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 279%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of bed linen of knitted or crocheted textiles contracted markedly to $X in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 367% against the previous year. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Togo (X tons) was the main destination for exports of bed linen of knitted or crocheted textiles from Saudi Arabia, with a 86% share of total exports. Moreover, exports of bed linen of knitted or crocheted textiles to Togo exceeded the volume sent to the second major destination, Egypt (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Togo was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+32.5% per year) and Switzerland (+65.3% per year).

In value terms, Togo ($X) emerged as the key foreign market for bed linen of knitted or crocheted textiles exports from Saudi Arabia, comprising 68% of total exports. The second position in the ranking was held by Egypt ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Togo was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+64.3% per year) and Switzerland (+59.3% per year).

Export Prices by Country

The average export price for bed linen of knitted or crocheted textiles stood at $X per ton in 2022, with a decrease of -49% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 85% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+78.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bed Linen Of Knitted Or Crocheted Textiles

Imports into Saudi Arabia

Imports of bed linen of knitted or crocheted textiles into Saudi Arabia dropped sharply to X tons in 2021, shrinking by -30.6% against the year before. In general, imports showed a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 10%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of bed linen of knitted or crocheted textiles totaled $X in 2021. Overall, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of 9.8% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Pakistan (X tons), China (X tons) and Jordan (X tons) were the main suppliers of imports of bed linen of knitted or crocheted textiles to Saudi Arabia, together accounting for 85% of total imports.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +2.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Pakistan ($X), China ($X) and Jordan ($X) appeared to be the largest bed linen of knitted or crocheted textiles suppliers to Saudi Arabia, with a combined 88% share of total imports.

Pakistan, with a CAGR of +6.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for bed linen of knitted or crocheted textiles stood at $X per ton in 2021, picking up by 56% against the previous year. In general, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for bed linen of knitted or crocheted textiles increased by +88.1% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Jordan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :