Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman - 2022

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman (CIF) - 2022
  2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman (FOB) - 2022
  3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman
  4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman (CIF) - 2022

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $1,320 per ton in 2022, declining by -11.4% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 64% against the previous year. The import price peaked at $6,206 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,000 per ton), while the price for Indonesia ($1,006 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.8%), while the prices for the other major suppliers experienced a decline.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman (FOB) - 2022

In 2020, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $241 per ton, with a decrease of -91.8% against the previous year. Overall, the export price showed a sharp reduction. The export price peaked at $2,940 per ton in 2019, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Yemen.

From 2019 to 2020, the rate of growth in terms of prices for Yemen amounted to 0.0% per year.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman

Imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Oman soared to 5.3 tons in 2022, growing by 17% against the previous year's figure. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% 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 +66.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $7K in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 3.7%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A2.90%
IndonesiaN/AN/AN/A2.20%
India0.70.52.01.631.7%
China5.25.64.70.3-61.4%
Others0.40.4N/AN/A0.0%
Total6.36.56.87.03.6%

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Oman in 2022:

  1. Indonesia (2.2 tons)
  2. Singapore (1.9 tons)
  3. India (1.1 tons)
  4. China (0.1 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman

In 2020, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Oman surged to 50 tons, with an increase of 12,439% against 2019 figures. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning surged to $12K in 2020. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Oman (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
YemenN/A12.00%
Others1.2N/A0%
Total1.212.0900.0%

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Oman in 2022:

  1. Yemen (49.9 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Artificial staple fibres, not carded, combed or otherwise processed for spinning - Oman