Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman - 2022

Contents:

  1. Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman (CIF) - 2022
  2. Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman (FOB) - 2022
  3. Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman
  4. Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman (CIF) - 2022

In 2022, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $1.4 per unit, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2014 an increase of 78%. As a result, import price reached the peak level of $3.1 per unit. From 2015 to 2022, the average import prices remained at a 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 the UK ($1.8 per unit), while the price for France ($561 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman (FOB) - 2022

The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $572 per thousand units in 2022, dropping by -5% against the previous year. Overall, the export price faced a abrupt slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 23%. Over the period under review, the average export prices hit record highs at $3.7 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($714 per thousand units), while the average price for exports to Qatar amounted to $556 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-5.1%).

Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman

In 2022, the amount of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s imported into Oman skyrocketed to 41K units, growing by 18% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s surged to $56K in 2022. In general, imports, however, continue to indicate a perceptible downturn. Imports peaked at $61K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates41.730.719.421.3-20.1%
China3.70.77.412.851.2%
Turkey0.81.72.15.994.6%
India5.61.710.35.0-3.7%
Bangladesh2.11.73.02.33.1%
EgyptN/AN/AN/A1.30%
Others7.25.85.37.40.9%
Total61.042.347.555.9-2.9%

Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Oman in 2022:

  1. United Arab Emirates (16.7K units)
  2. China (10.1K units)
  3. Turkey (4.6K units)
  4. India (3.9K units)
  5. Bangladesh (1.8K units)
  6. Egypt (1.0K units)

Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman

After three years of growth, overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s decreased by -14.6% to 7.9K units in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 70%. The exports peaked at 9.2K units in 2021, and then fell in the following year.

In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s shrank notably to $4.5K in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 21%. The exports peaked at $5.5K in 2021, and then shrank notably in the following year.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar3.84.44.43.90.9%
United Arab Emirates0.20.30.90.644.2%
YemenN/AN/A0.3N/A0%
OthersN/AN/AN/AN/A0%
Total3.94.85.54.54.9%

Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Oman in 2022:

  1. Qatar (7.1K units)
  2. United Arab Emirates (0.8K units)

Source: IndexBox Market Intelligence Platform

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