Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Oman - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Oman (CIF) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Oman
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Oman (CIF) - 2022
In December 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $1,652 per ton, dropping by -3.4% against the previous month. Over the period from January 2022 to December 2022, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in March 2022 when the average import price increased by 26% month-to-month. The import price peaked at $1,734 per ton in September 2022; afterwards, it flattened through to December 2022.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($1,777 per ton), while the price for Pakistan ($1,063 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by India (+67.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Oman
In 2022, the amount of cotton waste (including yarn waste and garnetted stock) imported into Oman soared to 472 tons, rising by 76% compared with 2021. Over the period under review, imports, however, faced a abrupt curtailment.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $386K in 2022. In general, imports continue to indicate a relatively flat trend pattern.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 223 | 171 | 114 | 216 | -1.1% |
| Spain | N/A | N/A | N/A | 45.5 | 0% |
| United States | N/A | N/A | N/A | 43.4 | 0% |
| India | 1.8 | 315 | N/A | 35.7 | 170.7% |
| Pakistan | 53.9 | 69.7 | 33.2 | 20.8 | -27.2% |
| Bangladesh | 10.1 | 20.6 | 6.4 | 8.1 | -7.1% |
| Sri Lanka | 21.8 | 8.9 | 3.1 | 6.8 | -32.2% |
| Saudi Arabia | 28.5 | 102 | 18.0 | 2.8 | -53.9% |
| Turkey | 43.7 | N/A | 3.0 | N/A | -73.8% |
| Others | 2.2 | 2.8 | 1.0 | 7.1 | 47.8% |
| Total | 385 | 690 | 178 | 386 | 0.1% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Oman in 2022:
- United Arab Emirates (186.1 tons)
- Pakistan (109.3 tons)
- Bangladesh (36.0 tons)
- Spain (34.9 tons)
- United States (33.3 tons)
- India (31.2 tons)
- Sri Lanka (30.4 tons)
- Saudi Arabia (2.2 tons)
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