Price for Wadding; Other Articles Thereof, of Cotton in Oman - 2022

Contents:

1. Price for Wadding; Other Articles Thereof, of Cotton in Oman (CIF) - 2022
2. Price for Wadding; Other Articles Thereof, of Cotton in Oman (FOB) - 2022
3. Imports of Wadding; Other Articles Thereof, of Cotton in Oman
4. Exports of Wadding; Other Articles Thereof, of Cotton in Oman

Price for Wadding; Other Articles Thereof, of Cotton in Oman (CIF) - 2022

The average import price for wadding; other articles thereof, of cotta stood at $10,560 per ton in 2022, waning by -7.4% against the previous year. Overall, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 57%. As a result, import price reached the peak level of $12,748 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Turkey ($11,010 per ton), while the price for India ($4,456 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Cotton in Oman (FOB) - 2022

The average export price for wadding; other articles thereof, of cotta stood at $5,735 per ton in 2022, jumping by 21% against the previous year. In general, the export price, however, recorded a mild downturn. The export price peaked at $6,957 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($5,878 per ton), while the average price for exports to Iran ($556 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 Qatar (-5.1%), while the prices for the other major destinations experienced a decline.

Imports of Wadding; Other Articles Thereof, of Cotton in Oman

After three years of growth, overseas purchases of wadding; other articles thereof, of cotta decreased by -43.1% to 179 tons in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 9.2%.

In value terms, imports of wadding; other articles thereof, of cotta fell dramatically to $1.9M in 2022. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 5.8%. As a result, imports attained the peak of $3.6M, and then reduced markedly in the following year.

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Oman in 2022:

1. United Arab Emirates (152.3 tons)
2. China (7.3 tons)
3. India (6.0 tons)
4. France (5.7 tons)
5. Turkey (4.5 tons)
6. Greece (1.1 tons)

Exports of Wadding; Other Articles Thereof, of Cotton in Oman

For the third year in a row, Oman recorded decline in overseas shipments of wadding; other articles thereof, of cotta, which decreased by -34.4% to 1.2 tons in 2022. In general, exports recorded a precipitous slump. The smallest decline of -18.9% was in 2021.

In value terms, exports of wadding; other articles thereof, of cotta dropped notably to $6.7K in 2022. Over the period under review, exports saw a deep reduction. The smallest decline of -10.8% was in 2021.

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Oman in 2022:

1. Qatar (1135.0 kg)

Source: IndexBox Market Intelligence Platform