Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman - 2022

Contents:

  1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman (CIF) - 2022
  2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman (FOB) - 2022
  3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman
  4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman (CIF) - 2022

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $1 per square meter in 2022, rising by 21% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 23% against the previous year. Over the period under review, average import prices attained the peak figure at $1.1 per square meter 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 countries with the highest prices were China ($1 per square meter) and the United Arab Emirates ($0.9 per square meter), while the price for Saudi Arabia ($0.9 per square meter) and Taiwan (Chinese) ($0.9 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman (FOB) - 2022

The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.8 per square meter in 2022, falling by -2% against the previous year. In general, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2015 when the average export price increased by 60% against the previous year. The export price peaked at $4 per square meter in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($2.8 per square meter) and Yemen ($2.8 per square meter), while the average price for exports to Iran ($2.8 per square meter) and Somalia ($2.8 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman

In 2022, after three years of growth, there was significant decline in overseas purchases of textile fabrics, rubberised; other than those of heading no. 5902s, when their volume decreased by -23.2% to 1M square meters. In general, imports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%. As a result, imports attained the peak of 1.3M square meters, and then dropped sharply in the following year.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s reduced to $962K in 2022. Over the period under review, imports saw a noticeable descent. The smallest decline of -0.5% was in 2021. Over the period under review, imports of hit record highs at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates990877808631-13.9%
China13.640.4136184138.3%
Taiwan (Chinese)3.28.117.867.8176.7%
Saudi Arabia1.50.36.030.0171.4%
Others51.811567.548.9-1.9%
Total1,0601,0401,035962-3.2%

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Oman in 2022:

  1. United Arab Emirates (690.3K square meters)
  2. China (184.2K square meters)
  3. Taiwan (Chinese) (75.1K square meters)
  4. Saudi Arabia (33.3K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman

In 2022, after two years of decline, there was significant growth in overseas shipments of textile fabrics, rubberised; other than those of heading no. 5902s, when their volume increased by 67% to 15K square meters. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s soared to $42K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Somalia5.67.211.930.876.5%
United Arab Emirates1.30.40.94.450.1%
Iran0.40.20.22.686.6%
Qatar17.812.85.41.2-59.3%
Bahrain0.50.71.01.026.0%
Yemen6.25.95.41.0-45.6%
Others2.91.11.01.2-25.5%
Total34.728.425.842.26.7%

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Oman in 2022:

  1. Somalia (11.2K square meters)
  2. United Arab Emirates (1.6K square meters)
  3. Iran (0.9K square meters)
  4. Qatar (0.4K square meters)
  5. Yemen (0.4K square meters)
  6. Bahrain (0.2K square meters)

Source: IndexBox Market Intelligence Platform

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