Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Oman - 2022
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Oman (CIF) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Oman
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Oman (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,630 per ton in 2022, surging by 93% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton; waste other than garnetted stock and yarn (including thread) waste increased by +130.5% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,095 per ton), while the price for Pakistan ($315 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 (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Oman
Imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Oman rose notably to 339 tons in 2022, surging by 14% compared with the previous year. Over the period under review, imports, however, showed a pronounced reduction. The growth pace was the most rapid in 2020 when imports increased by 106%. As a result, imports reached the peak of 751 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $552K in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 127%. As a result, imports reached the peak of $585K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 153 | 125 | 182 | 306 | 26.0% |
| Spain | N/A | N/A | N/A | 78.7 | 0% |
| United States | N/A | N/A | N/A | 75.0 | 0% |
| India | N/A | 314 | N/A | 48.7 | -60.6% |
| Bangladesh | 4.3 | 20.6 | 13.1 | 12.7 | 43.5% |
| Sri Lanka | 15.7 | 8.9 | 6.3 | 9.9 | -14.2% |
| Pakistan | 13.4 | 12.0 | 12.4 | 8.8 | -13.1% |
| Saudi Arabia | 28.5 | 102 | 37.0 | 4.9 | -44.4% |
| Others | 43.7 | 2.8 | N/A | 7.6 | -44.2% |
| Total | 258 | 585 | 250 | 552 | 28.9% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Oman in 2022:
- United Arab Emirates (145.9 tons)
- Spain (37.6 tons)
- United States (35.8 tons)
- Sri Lanka (29.4 tons)
- Bangladesh (28.4 tons)
- Pakistan (28.1 tons)
- India (23.2 tons)
- Saudi Arabia (6.5 tons)
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