Flax Yarn Price in Oman - 2021
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Flax Yarn Price in Oman (CIF) - 2022
In 2022, the average flax yarn import price amounted to $3,765 per ton, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $10,696 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($7,347 per ton), while the price for India ($3,569 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 (+0.3%), while the prices for the other major suppliers experienced a decline.
Flax Yarn Imports in Oman
In 2022, overseas purchases of flax yarns were finally on the rise to reach 1.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a perceptible decrease.
In value terms, flax yarn imports skyrocketed to $4.5K in 2022. Overall, imports, however, continue to indicate a deep contraction.
Import of Flax Yarn in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 7.1 | 5.4 | 3.0 | 4.0 | -17.4% |
United Arab Emirates | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 7.2 | 5.6 | 3.4 | 4.5 | -14.5% |
Top Suppliers of Flax Yarn to Oman in 2022:
- India (1130.0 kg)
- United Arab Emirates (57.0 kg)
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