Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman (FOB) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman (CIF) - 2022
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $4,124 per ton, dropping by -3.6% against the previous year. Overall, the export price saw a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 8.6%. The export price peaked at $8,269 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -6.6% per year.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $4,528 per ton, surging by 5.5% against the previous year. Overall, the import price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2016 an increase of 141%. As a result, import price reached the peak level of $9,027 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6,723 per ton), while the price for the United Arab Emirates ($1,602 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman
In 2022, approx. 7.1 tons of cotton yarn (other than sewing thread), put up for retail sale were exported from Oman; declining by -9.4% on the previous year's figure. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale shrank to $29K in 2022. Overall, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $34K, and then fell in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 33.5 | 0.7 | 33.5 | 29.3 | -4.4% |
| Somalia | N/A | 24.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 33.5 | 25.1 | 33.5 | 29.3 | -4.4% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Oman in 2022:
- United Arab Emirates (7.1 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman
In 2022, after three years of growth, there was significant decline in overseas purchases of cotton yarn (other than sewing thread), put up for retail sale, when their volume decreased by -21.7% to 5.7 tons. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 116% against the previous year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale contracted significantly to $26K in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 114% against the previous year.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 3.3 | 6.5 | 11.8 | 11.9 | 53.3% |
| South Korea | 1.7 | 2.1 | 4.7 | 5.8 | 50.5% |
| United Arab Emirates | 0.6 | 0.6 | 1.4 | 1.7 | 41.5% |
| India | 0.1 | 0.1 | 0.3 | 0.9 | 108.0% |
| Turkey | 0.4 | 4.8 | 5.3 | 0.4 | 0.0% |
| China | 1.7 | 0.9 | 0.1 | N/A | -75.7% |
| Saudi Arabia | N/A | N/A | 0.9 | N/A | 0% |
| Others | 1.9 | 5.3 | 6.8 | 5.1 | 39.0% |
| Total | 9.5 | 20.3 | 31.2 | 25.8 | 39.5% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Oman in 2022:
- Pakistan (3146.0 kg)
- United Arab Emirates (1046.0 kg)
- South Korea (862.0 kg)
- India (296.0 kg)
- Turkey (191.0 kg)
- China (6.0 kg)
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