Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman - 2022
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman (CIF) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman (CIF) - 2022
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $41.9 per unit in December 2022, dropping by -40.9% against the previous month. Overall, the import price showed a slight curtailment. The most prominent rate of growth was recorded in November 2022 an increase of 147% month-to-month. Over the period under review, average import prices hit record highs at $82.5 per unit in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($76.8 per unit), while the price for the United Arab Emirates ($27.3 per unit) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by China (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $1.9 per unit in 2022, with a decrease of -18.5% against the previous year. Over the period under review, the export price recorded a pronounced setback. The pace of growth was the most pronounced in 2017 an increase of 856%. Over the period under review, the average export prices reached the peak figure at $3.3 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($17 per unit), while the average price for exports to Bahrain ($0.6 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 Italy (+254.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman
For the third year in a row, Oman recorded decline in purchases abroad of articles of apparel and clothing accessories, of leather or of composition leather, which decreased by -18.9% to 348K units in 2022. In general, imports recorded a sharp shrinkage. Imports peaked at 915K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather declined significantly to $1.5M in 2022. Over the period under review, imports faced a abrupt shrinkage. The smallest decline of -5.5% was in 2021. Imports peaked at $2.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,515 | 1,010 | 1,110 | 913 | -15.5% |
| Pakistan | 650 | 410 | 334 | 251 | -27.2% |
| China | 123 | 172 | 58.9 | 81.9 | -12.7% |
| India | 110 | 61.9 | 53.4 | 63.1 | -16.9% |
| Sri Lanka | 1.4 | 5.5 | 8.2 | 9.7 | 90.6% |
| Others | 330 | 275 | 263 | 200 | -15.4% |
| Total | 2,729 | 1,934 | 1,827 | 1,519 | -17.7% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Oman in 2022:
- United Arab Emirates (174.4K units)
- Pakistan (108.8K units)
- China (38.0K units)
- Sri Lanka (7.6K units)
- India (5.5K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman
For the third consecutive year, Oman recorded decline in shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather, which decreased by -61.9% to 27K units in 2022. Over the period under review, exports showed a precipitous setback. The smallest decline of -33.5% was in 2020. The exports peaked at 164K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather fell sharply to $51K in 2022. Overall, exports recorded a dramatic slump. The smallest decline of -29% was in 2021. The exports peaked at $391K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 317 | 204 | 50.0 | 17.1 | -62.2% |
| Somalia | 2.4 | 5.8 | 7.4 | 11.0 | 66.1% |
| United Arab Emirates | 9.9 | 6.9 | 32.8 | 9.1 | -2.8% |
| Iran | 11.2 | 6.6 | 0.8 | 2.5 | -39.3% |
| Kuwait | 30.7 | 0.6 | 0.4 | 0.4 | -76.5% |
| Bahrain | 1.2 | 0.6 | 0.4 | 0.3 | -37.0% |
| Belarus | 8.3 | N/A | 20.5 | N/A | 57.2% |
| Others | 10.5 | 7.0 | 52.2 | 10.6 | 0.3% |
| Total | 391 | 231 | 164 | 51.0 | -49.3% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Oman in 2022:
- United Arab Emirates (10.1K units)
- Somalia (7.7K units)
- Qatar (4.8K units)
- Iran (3.2K units)
- Bahrain (0.6K units)
- Kuwait (0.1K units)
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