Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman - 2022

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman (CIF) - 2022
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman (FOB) - 2022
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $15 per unit, surging by 18% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 50%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($15 per unit) and China ($15 per unit), while the price for Vietnam ($13 per unit) and India ($15 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman (FOB) - 2022

The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $13 per unit in 2022, which is down by -38.3% against the previous year. Overall, the export price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 89%. As a result, the export price attained the peak level of $21 per unit, and then reduced notably in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($15 per unit), while the average price for exports to Yemen ($12 per unit) was 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 (+18.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds imported into Oman soared to 22K units, rising by 98% compared with 2021. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of 235%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $337K in 2022. Over the period under review, imports showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 209%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates17813.862.12166.7%
China23.712.637.069.943.4%
India10.66.614.224.432.0%
Vietnam11.76.412.712.83.0%
Others15.47.418.713.9-3.4%
Total23946.814533712.1%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Oman in 2022:

  1. United Arab Emirates (14.1K units)
  2. China (4.6K units)
  3. India (1.6K units)
  4. Vietnam (1.0K units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman

In 2022, after two years of decline, there was significant growth in overseas shipments of track suits; of synthetic fibres, knitted or crocheteds, when their volume increased by 112% to 996 units. In general, exports, however, faced a precipitous setback. Over the period under review, the exports of reached the peak figure at 3.6K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds surged to $13K in 2022. Overall, exports, however, saw a significant curtailment. The exports peaked at $38K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar27.33.05.46.2-39.0%
YemenN/A2.51.14.838.6%
United Arab Emirates11.14.80.62.0-43.5%
OthersN/A0.22.90.1-29.3%
Total38.410.510.013.0-30.3%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Oman in 2022:

  1. Qatar (410.0 units)
  2. Yemen (410.0 units)
  3. United Arab Emirates (170.0 units)

Source: IndexBox Market Intelligence Platform

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