Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman - 2022

Contents:

1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman
4. Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman (CIF) - 2022

The average import price for fibres; synthetic filament tow, acrylic or modacrylics stood at $4,997 per ton in 2022, remaining constant against the previous year. In general, the import price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of 47% against the previous year. Over the period under review, average import prices attained the maximum at $6,891 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 India ($9,533 per ton), while the price for the United Arab Emirates totaled $2,276 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%), while the prices for the other major suppliers experienced a decline.

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $3,660 per ton, remaining relatively unchanged against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum at $3,749 per ton in 2012; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +37.4% per year.

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman

After three years of growth, supplies from abroad of fibres; synthetic filament tow, acrylic or modacrylics decreased by -14% to 1.7 tons in 2022. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 14%. As a result, imports reached the peak of 1.9 tons, and then contracted in the following year.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics totaled $8.4K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Oman in 2022:

1. United Arab Emirates (1045.0 kg)
2. India (627.0 kg)

Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Oman

In 2022, shipments abroad of fibres; synthetic filament tow, acrylic or modacrylics was finally on the rise to reach 1.7 tons after two years of decline. In general, exports, however, saw a abrupt contraction.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics totaled $6.1K in 2022. The total export value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Oman in 2022:

1. Qatar (1.7 tons)

Source: IndexBox Market Intelligence Platform