United Arab Emirates: Noils Of Wool Market 2024

Noils Of Wool Market Size in the United Arab Emirates

The noils of wool market in the United Arab Emirates contracted to $X in 2023, approximately reflecting the previous year. Overall, the total consumption indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Noils of wool consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Noils Of Wool Production in the United Arab Emirates

In value terms, noils of wool production reached $X in 2023 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Noils of wool production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Noils Of Wool Exports

Exports from the United Arab Emirates

In 2020, approx. X kg of noils of wool or fine animal hair were exported from the United Arab Emirates; leveling off at 2019. Over the period under review, exports continue to indicate a significant decline. The smallest decline of X% was in 2015. Over the period under review, the exports attained the maximum at X kg in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, noils of wool exports dropped rapidly to $X in 2020. In general, exports faced a sharp setback. The smallest decline of X% was in 2019. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

India (X kg) was the main destination for noils of wool exports from the United Arab Emirates, with a X% share of total exports. Moreover, noils of wool exports to India exceeded the volume sent to the second major destination, Saudi Arabia (X kg), threefold.

From 2012 to 2020, the average annual growth rate of volume to India amounted to X%.

In value terms, India ($X) remains the key foreign market for noils of wool or fine animal hair exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to India stood at X%.

Export Prices by Country

In 2020, the average noils of wool export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019, and then reduced rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India (X%).

Noils Of Wool Imports

Imports into the United Arab Emirates

In 2023, noils of wool imports into the United Arab Emirates contracted modestly to X tons, remaining stable against 2022 figures. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, noils of wool imports reduced slightly to $X in 2023. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2022, and then fell in the following year.

Imports by Country

In 2023, Pakistan (X tons) was the main noils of wool supplier to the United Arab Emirates, accounting for a X% share of total imports. It was followed by Italy (X kg), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from Pakistan amounted to X%.

In value terms, Pakistan ($X) constituted the largest supplier of noils of wool or fine animal hair to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Pakistan totaled X%.

Import Prices by Country

The average noils of wool import price stood at $X per ton in 2023, stabilizing at the previous year. Overall, the import price, however, faced a abrupt decrease. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Pakistan amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%).

Source: IndexBox Platform