Saudi Arabia: Technical Textiles Market 2024

Technical Textiles Market Size in Saudi Arabia

The Saudi technical textiles market reduced to $X in 2021, falling by -12.7% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced in the following year.

Technical Textiles Production in Saudi Arabia

In value terms, technical textiles production shrank to $X in 2021 estimated in export price. Overall, production, however, posted a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 116%. Technical textiles production peaked at $X in 2020, and then dropped in the following year.

Technical Textiles Exports

Exports from Saudi Arabia

In 2021, approx. X tons of textile products and articles for technical uses were exported from Saudi Arabia; jumping by 35% against the previous year's figure. Overall, exports recorded a temperate increase. The most prominent rate of growth was recorded in 2013 with an increase of 412% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, technical textiles exports reached $X in 2021. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 221% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Jordan (X tons) was the main destination for technical textiles exports from Saudi Arabia, accounting for a 75% share of total exports. Moreover, technical textiles exports to Jordan exceeded the volume sent to the second major destination, Thailand (X tons), more than tenfold. The third position in this ranking was held by Nigeria (X tons), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Jordan totaled +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+10.0% per year) and Nigeria (+22.6% per year).

In value terms, Jordan ($X) remains the key foreign market for textile products and articles for technical uses exports from Saudi Arabia, comprising 52% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 9.6% share of total exports. It was followed by Yemen, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value to Jordan totaled -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+36.5% per year) and Yemen (+25.3% per year).

Export Prices by Country

In 2021, the average technical textiles export price amounted to $X per ton, falling by -16.7% against the previous year. Overall, the export price showed a deep slump. The growth pace was the most rapid in 2017 when the average export price increased by 39%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Technical Textiles Imports

Imports into Saudi Arabia

In 2021, overseas purchases of textile products and articles for technical uses decreased by -14% to X tons, falling for the eighth consecutive year after two years of growth. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 25% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, technical textiles imports declined dramatically to $X in 2021. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2014 when imports increased by 23%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of technical textiles imports to Saudi Arabia, together comprising 50% of total imports. The United States, India, Taiwan (Chinese) and Portugal lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +6.9%), while imports for the other leaders experienced a decline.

In value terms, the largest technical textiles suppliers to Saudi Arabia were Germany ($X), the United States ($X) and China ($X), together comprising 52% of total imports. These countries were followed by Italy, India, Portugal and Taiwan (Chinese), which together accounted for a further 17%.

Taiwan (Chinese), with a CAGR of +8.9%, recorded 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 a decline.

Import Prices by Country

In 2021, the average technical textiles import price amounted to $X per ton, with a decrease of -6.8% against the previous year. Overall, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 42%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then shrank in the following year.

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 the United States ($X per ton), while the price for Taiwan (Chinese) ($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 United States (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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