Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman (FOB) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman (CIF) - 2022
  3. Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman
  4. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,513 per ton, approximately mirroring the previous year. Overall, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price decreased by -13.5% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2015 to 2022, the rate of growth in terms of prices for Qatar amounted to +449.9% per year.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,220 per ton in 2022, surging by 33% against the previous year. In general, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57%. The import price peaked at $14,830 per ton in 2012; however, from 2013 to 2022, 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 China ($8,746 per ton), while the price for the United Arab Emirates stood at $4,408 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.0%), while the prices for the other major suppliers experienced a decline.

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman

After two years of decline, shipments abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by 0% to 454 kg in 2022. In general, exports continue to indicate buoyant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted totaled $3.9K in 2022. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.1N/AN/A3.952.5%
Others0.2N/AN/AN/A0%
Total1.3N/AN/A3.944.2%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Oman in 2022:

  1. United Arab Emirates (454.0 kg)

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman

For the third consecutive year, Oman recorded decline in supplies from abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which decreased by -64.2% to 404 kg in 2022. Overall, imports faced a sharp contraction. The smallest decline of -58.1% was in 2021.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted reduced notably to $3.3K in 2022. In general, imports showed a sharp decline. The smallest decline of -34.4% was in 2021.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.50.40.43.183.7%
United Arab Emirates1.30.30.60.2-46.4%
Thailand25.48.25.9N/A-51.8%
Sri LankaN/A1.5N/AN/A0%
Qatar1.6N/AN/AN/A0%
Others0.40.20.2N/A-29.3%
Total29.210.67.03.3-51.7%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Oman in 2022:

  1. China (355.0 kg)
  2. United Arab Emirates (49.0 kg)

Source: IndexBox Market Intelligence Platform

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