Price for Rubber Thread and Cord; Textile Covered in Oman - 2022
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Oman (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Oman (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Oman
- Exports of Rubber Thread and Cord; Textile Covered in Oman
Price for Rubber Thread and Cord; Textile Covered in Oman (CIF) - 2022
The average import price for rubber thread and cord; textile covereds stood at $3,153 per ton in 2022, growing by 43% against the previous year. Overall, the import price enjoyed moderate growth. The pace of growth appeared the most rapid in 2021 an increase of 60%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 the United Arab Emirates ($5,118 per ton), while the price for Saudi Arabia ($1,380 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber Thread and Cord; Textile Covered in Oman (FOB) - 2022
The average export price for rubber thread and cord; textile covereds stood at $5,628 per ton in 2022, jumping by 49% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The export price peaked at $9,442 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($6,418 per ton), while the average price for exports to the United Arab Emirates ($3,053 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 Iran (+92.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Rubber Thread and Cord; Textile Covered in Oman
In 2022, supplies from abroad of rubber thread and cord; textile covereds decreased by -11.6% to 63 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of 129 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of rubber thread and cord; textile covereds skyrocketed to $197K in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rubber Thread and Cord; Textile Covered in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 98.6 | 54.8 | 91.7 | 128 | 9.1% |
| Saudi Arabia | 67.4 | 68.5 | 39.8 | 45.1 | -12.5% |
| China | 11.9 | 50.4 | 22.4 | 10.7 | -3.5% |
| Others | 6.9 | 4.3 | 2.5 | 13.5 | 25.1% |
| Total | 185 | 178 | 156 | 197 | 2.1% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Oman in 2022:
- Saudi Arabia (32.7 tons)
- United Arab Emirates (25.0 tons)
- China (3.9 tons)
Exports of Rubber Thread and Cord; Textile Covered in Oman
In 2022, shipments abroad of rubber thread and cord; textile covereds decreased by -0.2% to 6.8 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 214%. As a result, the exports reached the peak of 7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of rubber thread and cord; textile covereds skyrocketed to $38K in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 284%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Rubber Thread and Cord; Textile Covered in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 6.3 | 5.5 | 22.1 | 25.4 | 59.2% |
| Iran | N/A | N/A | 0.5 | 7.7 | 1440.0% |
| United Arab Emirates | 0.7 | 1.8 | 3.0 | 4.9 | 91.3% |
| Yemen | N/A | 19.6 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Total | 7.0 | 27.0 | 25.7 | 38.2 | 76.1% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Oman in 2022:
- Qatar (4.0 tons)
- United Arab Emirates (1.6 tons)
- Iran (1.2 tons)
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