Price for Embroidery; in the Piece, in Strips or in Motifs in Oman - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Oman (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Oman (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Oman
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Oman

Price for Embroidery; in the Piece, in Strips or in Motifs in Oman (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $3,176 per ton in 2022, shrinking by -2.2% against the previous year. Over the period under review, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $6,818 per ton. From 2014 to 2022, the average 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 India ($14,655 per ton), while the price for the United Arab Emirates ($1,653 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+33.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Embroidery; in the Piece, in Strips or in Motifs in Oman (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $2,119 per ton in 2022, waning by -21.4% against the previous year. Overall, the export price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 62% against the previous year. The export price peaked at $8,739 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($1,633 per ton), while the average price for exports to the UK amounted to $1,624 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+4.8%).

Imports of Embroidery; in the Piece, in Strips or in Motifs in Oman

For the third consecutive year, Oman recorded decline in purchases abroad of embroidery; in the piece, in strips or in motifses, which decreased by -5.3% to 60 tons in 2022. Overall, imports saw a precipitous descent.

In value terms, imports of embroidery; in the piece, in strips or in motifses reduced to $191K in 2022. Over the period under review, imports saw a precipitous decline.

Import of Embroidery; in the Piece, in Strips or in Motifs in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates57741818873.4-49.7%
SingaporeN/AN/AN/A38.80%
India15.92.40.120.38.5%
Qatar0.131.7N/A18.4468.8%
Turkey0.81.70.77.2108.0%
China55.10.17.23.7-59.4%
Sri Lanka0.280.50.50.1-20.6%
Free Zones47.1N/AN/AN/A0%
Egypt1.2N/AN/AN/A0%
Others11.01099.729.238.5%
Total708644207191-35.4%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Oman in 2022:

  1. United Arab Emirates (44.4 tons)
  2. Singapore (8.0 tons)
  3. Qatar (3.8 tons)
  4. India (1.4 tons)
  5. China (1.2 tons)
  6. Turkey (1.1 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Oman

In 2022, exports of embroidery; in the piece, in strips or in motifses from Oman dropped markedly to 3.7 tons, shrinking by -91.5% on the previous year's figure. Overall, exports showed a precipitous shrinkage. The smallest decline of -47.4% was in 2020.

In value terms, exports of embroidery; in the piece, in strips or in motifses contracted significantly to $7.8K in 2022. Over the period under review, exports faced a dramatic curtailment. The smallest decline of -14.6% was in 2020.

Export of Embroidery; in the Piece, in Strips or in Motifs in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
YemenN/A1.54.75.794.9%
United KingdomN/AN/AN/A0.20%
SomaliaN/A97.3N/AN/A0%
Qatar450276111N/A-50.3%
Others5.714.1N/A1.8-31.9%
Total4553891167.8-74.2%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Oman in 2022:

  1. Yemen (3.5 tons)
  2. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

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