Middle East: Bedspread Market 2024

Bedspread Market Size in the Middle East

The Middle Eastern bedspread market rose markedly to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption recorded strong growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Bedspread Production in the Middle East

In value terms, bedspread production expanded rapidly to $X in 2023 estimated in export price. In general, production showed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Bedspread Exports

Exports in the Middle East

In 2023, the amount of bedspreads (excluding eiderdowns) exported in the Middle East stood at X units, approximately reflecting 2022 figures. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, bedspread exports stood at $X in 2023. Over the period under review, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to continue growth in the near future.

Exports by Country

Turkey was the main exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by the United Arab Emirates (X units), generating a X% share of total exports. Jordan (X units) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Jordan (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Turkey and Jordan increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest bedspread supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Jordan (X% per year).

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the export price figures.

Bedspread Imports

Imports in the Middle East

In 2023, approx. X units of bedspreads (excluding eiderdowns) were imported in the Middle East; increasing by X% against 2022. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, bedspread imports surged to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, the United Arab Emirates (X units), distantly followed by Iraq (X units), Israel (X units), Kuwait (X units), Turkey (X units), Oman (X units) and Qatar (X units) were the largest importers of bedspreads (excluding eiderdowns), together mixing up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Qatar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported bedspreads (excluding eiderdowns) in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iraq ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

In the United Arab Emirates, bedspread imports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Iraq (X% per year) and Israel (X% per year).

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform