MENA: Men Swimwear Market 2024

Men Swimwear Market Size in MENA

The MENA's men swimwear market fell to $X in 2023, shrinking by X% against the previous year. The total consumption indicated slight 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 increased by X% against 2021 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Men Swimwear Production in MENA

In value terms, men swimwear production reached $X in 2023 estimated in export price. Overall, production continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 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.

Men Swimwear Exports

Exports in MENA

In 2023, men swimwear exports in MENA skyrocketed to X units, with an increase of X% against the previous year. In general, exports showed strong growth. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of export peaked at X units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, men swimwear exports soared to $X in 2023. Over the period under review, exports showed a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

Turkey (X units) and Jordan (X units) prevails in exports structure, together comprising X% of total exports. It was distantly followed by Morocco (X units) and Tunisia (X units), together achieving a X% share of total exports. The United Arab Emirates (X units) held a little share of total exports.

From 2012 to 2023, the biggest increases were recorded for Jordan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest men swimwear supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Jordan ($X), with a X% share of total exports. It was followed by Tunisia, with an X% share.

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

Export Prices by Country

In 2023, the export price in MENA amounted to $X per unit, approximately mirroring the previous year. Overall, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2022 when the export price increased by X%. 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 Tunisia ($X per unit), while Jordan ($X per unit) was amongst the lowest.

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

Men Swimwear Imports

Imports in MENA

In 2023, overseas purchases of mens swimwear (excluding of knitted or crocheted textiles) increased by X% to X units for the first time since 2019, thus ending a three-year declining trend. 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. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, men swimwear imports soared to $X in 2023. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Turkey represented the key importing country with an import of around X units, which resulted at X% of total imports. It was distantly followed by the United Arab Emirates (X units), Oman (X units), Israel (X units), Morocco (X units) and Kuwait (X units), together mixing up a X% share of total imports. Qatar (X units) and Iraq (X units) held a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to men swimwear imports into Turkey stood at X%. At the same time, Oman (X%), Kuwait (X%), Morocco (X%), Iraq (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. Israel and Qatar experienced a relatively flat trend pattern. While the share of Oman (X p.p.), Morocco (X p.p.), the United Arab Emirates (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest men swimwear importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Oman ($X), with a combined X% share of total imports.

Oman, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

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 Qatar ($X per unit), while Iraq ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform