Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Oman - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Oman (CIF) - 2022
2. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Oman

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Oman (CIF) - 2022

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $1,395 per ton in 2022, surging by 22% against the previous year. Overall, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of 57%. Over the period under review, average import prices reached the peak figure at $3,078 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($1,396 per ton), while the price for the United Arab Emirates stood at $1,390 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-3.9%).

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Oman

In 2022, after three years of growth, there was decline in overseas purchases of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses, when their volume decreased by -3.3% to 496 kg. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 142%.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses soared to $692 in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 81% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Oman in 2022:

1. Pakistan (455.0 kg)
2. United Arab Emirates (41.0 kg)

Source: IndexBox Market Intelligence Platform