Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman - 2022

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman (CIF) - 2022
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman (FOB) - 2022
  3. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman
  4. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman (CIF) - 2022

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $14 per unit, increasing by 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($14 per unit) and Bangladesh ($14 per unit), while the price for China ($14 per unit) and Turkey ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman (FOB) - 2022

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $14 per unit in 2022, declining by -18.6% against the previous year. In general, the export price, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 35%. The export price peaked at $24 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($13 per unit) and Saudi Arabia ($13 per unit), while the average price for exports to Qatar ($13 per unit) and Italy ($13 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman

In 2022, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Oman shrank markedly to 377K units, waning by -31.2% against the year before. In general, imports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Over the period under review, imports of reached the maximum at 779K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted reduced markedly to $5.2M in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports of reached the peak figure at $7.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6.84.05.54.4-13.5%
China0.40.10.30.2-20.6%
Turkey0.10.10.30.10.0%
BangladeshN/AN/AN/A0.10%
Others0.30.20.20.30.0%
Total7.64.56.45.2-11.9%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Oman in 2022:

  1. United Arab Emirates (321.1K units)
  2. China (16.6K units)
  3. Turkey (9.7K units)
  4. Bangladesh (8.1K units)

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman

For the third year in a row, Oman recorded decline in shipments abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, which decreased by -77.8% to 19K units in 2022. Overall, exports recorded a dramatic contraction. The smallest decline of -31.2% was in 2021. The exports peaked at 257K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted dropped remarkably to $263K in 2022. Over the period under review, exports saw a dramatic setback. The smallest decline of -7% was in 2021. Over the period under review, the exports of reached the peak figure at $3.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates70.432.482.413825.2%
Canada0.51.87.568.0414.3%
Ireland1.32.35.012.5112.6%
Saudi Arabia0.2N/AN/A9.1257.0%
Italy15.811.16.77.3-22.7%
Germany3.56.712.34.47.9%
Qatar3,2891,4529233.2-90.1%
SwedenN/AN/A210N/A0%
Others25.759.120920.4-7.4%
Total3,4071,5651,456263-57.4%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Oman in 2022:

  1. United Arab Emirates (10.4K units)
  2. Canada (5.1K units)
  3. Ireland (0.9K units)
  4. Saudi Arabia (0.7K units)
  5. Italy (0.5K units)
  6. Germany (0.3K units)
  7. Qatar (0.2K units)

Source: IndexBox Market Intelligence Platform

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