United Arab Emirates: Technical Textiles Market 2024

Technical Textiles Market Size in the United Arab Emirates

The technical textiles market in the United Arab Emirates skyrocketed to $X in 2021, rising by 34% 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). In general, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +81.9% against 2017 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Technical Textiles Exports

Exports from the United Arab Emirates

Technical textiles exports from the United Arab Emirates declined to X tons in 2021, reducing by -10.7% on 2020. Overall, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 71% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, technical textiles exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +10.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 91%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for technical textiles exports from the United Arab Emirates, accounting for a 45% share of total exports. Moreover, technical textiles exports to Oman exceeded the volume sent to the second major destination, Rwanda (X tons), fivefold. The third position in this ranking was taken by Canada (X tons), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +29.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+21.1% per year) and Canada (+60.3% per year).

In value terms, Oman ($X) remains the key foreign market for textile products and articles for technical uses exports from the United Arab Emirates, comprising 62% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an 8% share of total exports. It was followed by Canada, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to Oman stood at +28.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+7.1% per year) and Canada (+42.6% per year).

Export Prices by Country

In 2021, the average technical textiles export price amounted to $X per ton, with an increase of 41% against the previous year. In general, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Zimbabwe ($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 Iran (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Technical Textiles Imports

Imports into the United Arab Emirates

Technical textiles imports into the United Arab Emirates amounted to X tons in 2021, picking up by 4.5% compared with the previous year's figure. In general, imports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of 22%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, technical textiles imports soared to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.3% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of technical textiles to the United Arab Emirates, accounting for a 46% share of total imports. Moreover, technical textiles imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.3% per year) and Turkey (+27.2% per year).

In value terms, China ($X), India ($X) and Japan ($X) were the largest technical textiles suppliers to the United Arab Emirates, with a combined 40% share of total imports. Germany, the United States, Turkey, Italy, the UK and Spain lagged somewhat behind, together accounting for a further 27%.

Turkey, with a CAGR of +24.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average technical textiles import price amounted to $X per ton, with an increase of 27% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +9.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, technical textiles import price increased by +52.5% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :