Price for Wool, Not Carded or Combed in Oman - 2022

Contents:

  1. Price for Wool, Not Carded or Combed in Oman (CIF) - 2022
  2. Imports of Wool, Not Carded or Combed in Oman

Price for Wool, Not Carded or Combed in Oman (CIF) - 2022

The average import price for wool, not carded or combed stood at $1,419 per ton in 2022, declining by -21.4% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 89% against the previous year. As a result, import price attained the peak level of $9,152 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 ($3,704 per ton), while the price for Turkey amounted to $1,068 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.1%).

Imports of Wool, Not Carded or Combed in Oman

After three years of growth, supplies from abroad of wool, not carded or combed decreased by -95.5% to 203 kg in 2022. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 2,025%.

In value terms, wool, not carded or combed imports shrank notably to $288 in 2022. Overall, imports, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,457% against the previous year.

Import of Wool, Not Carded or Combed in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.12.24.80.226.0%
United Arab Emirates0.12.03.40.10.0%
OthersN/AN/AN/AN/A0%
Total0.34.28.20.30.0%

Top Suppliers of Wool, Not Carded or Combed to Oman in 2022:

  1. Turkey (176.0 kg)
  2. United Arab Emirates (27.0 kg)

Source: IndexBox Market Intelligence Platform

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