Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman - 2022

Contents:

1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman (CIF) - 2022
2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman (FOB) - 2022
3. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman
4. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman (CIF) - 2022

In December 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $9.7 per square meter, increasing by 10% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in July 2022 an increase of 46% against the previous month. As a result, import price attained the peak level of $12.4 per square meter. From August 2022 to December 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($24.0 per square meter), while the price for Turkey ($7.3 per square meter) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Iran (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman (FOB) - 2022

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $9.2 per square meter in 2022, dropping by -7.1% against the previous year. In general, the export price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 136%. Over the period under review, the average export prices reached the peak figure at $17 per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($32 per square meter), while the average price for exports to Tanzania stood at $6.8 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+83.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman

In 2022, approx. 1.3M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were imported into Oman; dropping by -9.3% against the previous year's figure. In general, imports showed a slight slump. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year. As a result, imports reached the peak of 1.4M square meters, and then contracted in the following year.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups dropped to $12M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of $12M, and then dropped slightly in the following year.

Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Oman in 2022:

1. United Arab Emirates (651.7K square meters)
2. China (275.9K square meters)
3. Iran (90.0K square meters)
4. India (50.5K square meters)
5. Turkey (47.2K square meters)
6. Thailand (26.4K square meters)
7. Saudi Arabia (19.8K square meters)
8. Belgium (7.7K square meters)

Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Oman

In 2022, overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -34.2% to 48K square meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 944%. Over the period under review, the exports of hit record highs at 73K square meters in 2021, and then contracted markedly in the following year.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups fell sharply to $431K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,085% against the previous year. Over the period under review, the exports of reached the peak figure at $717K in 2021, and then contracted notably in the following year.

Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Oman in 2022:

1. Tanzania (44.2K square meters)
2. Bahrain (3.1K square meters)

Source: IndexBox Market Intelligence Platform