Price for Cotton; Yarn Waste (Including Thread Waste) in Oman - 2022

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Oman (CIF) - 2022
2. Price for Cotton; Yarn Waste (Including Thread Waste) in Oman (FOB) - 2022
3. Imports of Cotton; Yarn Waste (Including Thread Waste) in Oman
4. Exports of Cotton; Yarn Waste (Including Thread Waste) in Oman

Price for Cotton; Yarn Waste (Including Thread Waste) in Oman (CIF) - 2022

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $594 per ton, surging by 64% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The growth pace was the most rapid in 2016 an increase of 75% against the previous year. The import price peaked at $1,084 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,064 per ton), while the price for Pakistan ($256 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.2%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Yarn Waste (Including Thread Waste) in Oman (FOB) - 2022

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $1,455 per ton, flattening at the previous year. Overall, the export price posted a pronounced increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 84%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,460 per ton), while the average price for exports to Free Zones ($1,448 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-13.7%).

Imports of Cotton; Yarn Waste (Including Thread Waste) in Oman

In 2022, supplies from abroad of cotton; yarn waste (including thread waste) decreased by -40.6% to 190 tons, falling for the second year in a row after two years of growth. In general, imports faced a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of 338 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cotton; yarn waste (including thread waste) dropped modestly to $113K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 10%. As a result, imports attained the peak of $116K, and then shrank in the following year.

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Oman in 2022:

1. Pakistan (110.5 tons)
2. United Arab Emirates (66.8 tons)
3. India (12.8 tons)

Exports of Cotton; Yarn Waste (Including Thread Waste) in Oman

In 2022, overseas shipments of cotton; yarn waste (including thread waste) decreased by 0% to 99 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a precipitous slump. The smallest decline of 99.9% was in 2020.

In value terms, exports of cotton; yarn waste (including thread waste) totaled $144 in 2022. Over the period under review, exports recorded a sharp setback. The smallest decline of 99.9% was in 2020.

Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Oman in 2022:

1. United Kingdom (50.0 kg)
2. Free Zones (29.0 kg)
3. South Africa (20.0 kg)

Source: IndexBox Market Intelligence Platform