Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman - 2022

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman (CIF) - 2022
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman (FOB) - 2022
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman (CIF) - 2022

In December 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $10,470 per ton, increasing by 9.7% against the previous month. In general, import price indicated slight growth from January 2022 to December 2022: its price increased at an average monthly rate of +1.1% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, import price for fabrics, knitted or crocheted, of a width of > 30 cms decreased by -2.6% against October 2022 indices. The growth pace was the most rapid in April 2022 when the average import price increased by 82% m-o-m. As a result, import price attained the peak level of $14,710 per ton. From May 2022 to December 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the highest price was recorded for prices from the United Arab Emirates ($14,390 per ton) and China ($12,457 per ton), while the price for the UK ($9,962 per ton) and Saudi Arabia ($9,962 per ton) were amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman (FOB) - 2022

In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $10,416 per ton, rising by 331% against the previous year. In general, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($37,083 per ton), while the average price for exports to Jordan ($1,032 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+53.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman

Imports of fabrics, knitted or crocheted, of a width of > 30 cms into Oman declined remarkably to 766 tons in 2022, which is down by -19.7% on 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of 954 tons, and then declined sharply in the following year.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms fell rapidly to $3.3M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of $4.3M, and then dropped markedly in the following year.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A1,3720%
China1,6991,2773,062975-16.9%
United Arab Emirates506208545442-4.4%
India25.960.825.514175.9%
Turkey17480.013267.9-26.9%
Thailand33717241.664.2-42.5%
South Korea98.884.592.839.9-26.1%
Singapore67.461.772.533.4-20.9%
Qatar73.052.748.620.0-35.1%
Others380221273152-26.3%
Total3,3612,2184,2943,306-0.5%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Oman in 2022:

  1. China (197.6 tons)
  2. Saudi Arabia (176.9 tons)
  3. United Arab Emirates (151.4 tons)
  4. Singapore (117.6 tons)
  5. South Korea (43.3 tons)
  6. India (21.1 tons)
  7. Thailand (16.0 tons)
  8. Qatar (11.4 tons)
  9. Turkey (10.0 tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman

In 2022, shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -92% to 11 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 109% against the previous year.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms contracted markedly to $112K in 2022. In general, exports, however, recorded noticeable growth. The growth pace was the most rapid in 2020 when exports increased by 105% against the previous year.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States51.374.797.338.5-9.1%
Somalia0.659.680.032.0276.4%
India20.751.662.121.00.5%
Qatar1.91.62.19.772.2%
TurkeyN/AN/AN/A6.30%
Jordan2.34.68.34.525.1%
Iran26.5N/AN/AN/A0%
YemenN/A17.872.9N/A309.6%
Others1.04.41.70.1-53.6%
Total1042143241122.5%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Oman in 2022:

  1. Jordan (4.4 tons)
  2. United States (3.4 tons)
  3. India (1.3 tons)
  4. Somalia (0.9 tons)
  5. Turkey (0.4 tons)
  6. Qatar (0.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Oman