Price for Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman - 2022

Contents:

1. Price for Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman (CIF) - 2022
2. Price for Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman (FOB) - 2022
3. Imports of Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman
4. Exports of Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman

Price for Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman (CIF) - 2022

The average import price for knitted or crocheted fabrics, of a width <= 30 cms stood at $8,839 per ton in 2022, growing by 12% against the previous year. Over the period under review, the import price showed a perceptible expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 116% against the previous year. As a result, import price attained the peak level of $13,260 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 ($18,052 per ton), while the price for Turkey ($3,504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman (FOB) - 2022

The average export price for knitted or crocheted fabrics, of a width <= 30 cms stood at $30,560 per ton in 2022, which is down by -2.1% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 146% against the previous year. Over the period under review, the average export prices reached the peak figure at $31,209 per ton in 2021, and then contracted slightly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($30,583 per ton), while the average price for exports to Yemen amounted to $30,544 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman

In 2022, overseas purchases of knitted or crocheted fabrics, of a width <= 30 cms increased by 292% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of knitted or crocheted fabrics, of a width <= 30 cms surged to $98K in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Knitted or Crocheted Fabrics, of A Width <= 30 Cm to Oman in 2022:

1. United Arab Emirates (10.2 tons)
2. Turkey (0.4 tons)
3. United States (0.2 tons)
4. India (0.1 tons)
5. China (0.1 tons)

Exports of Knitted or Crocheted Fabrics, of A Width <= 30 Cm in Oman

In 2022, shipments abroad of knitted or crocheted fabrics, of a width <= 30 cms decreased by -13.7% to 529 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year.

In value terms, exports of knitted or crocheted fabrics, of a width <= 30 cms fell remarkably to $16K in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 82% against the previous year.

Top Export Markets for Knitted or Crocheted Fabrics, of A Width <= 30 Cm from Oman in 2022:

1. Yemen (292.0 kg)
2. United Arab Emirates (237.0 kg)

Source: IndexBox Market Intelligence Platform