Price for Yarn; of Flax, Single in Oman - 2022
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Price for Yarn; of Flax, Single in Oman (CIF) - 2022
The average yarn; of flax, single import price stood at $461 per ton in 2022, reducing by -12.7% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price decreased by -1.7%. The import price peaked at $2,367 per ton in 2012; however, from 2013 to 2022, 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 Germany ($5,664 per ton), while the price for Pakistan ($357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.4%), while the prices for the other major suppliers experienced a decline.
Imports of Yarn; of Flax, Single in Oman
In 2022, the amount of yarn; of flax, singles imported into Oman contracted to 12 tons, remaining constant against 2021 figures. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of 12 tons, leveling off in the following year.
In value terms, yarn; of flax, single imports dropped to $5.3K in 2022. In general, imports showed a abrupt downturn. The smallest decline of -13.2% was in 2021.
| Import of Yarn; of Flax, Single in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 5.6 | 4.8 | 4.6 | 4.0 | -10.6% |
| Germany | 0.1 | 1.5 | 1.4 | 1.2 | 128.9% |
| United Arab Emirates | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Egypt | 1.9 | 0.6 | N/A | N/A | -68.4% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 8.1 | 7.0 | 6.1 | 5.3 | -13.2% |
Top Suppliers of Yarn; of Flax, Single to Oman in 2022:
- Pakistan (11.1 tons)
- Germany (0.2 tons)
- United Arab Emirates (0.2 tons)
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