Price for Textiles; Worn Clothing and Other Worn Articles in Oman - 2022

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Oman (CIF) - 2022
2. Price for Textiles; Worn Clothing and Other Worn Articles in Oman (FOB) - 2022
3. Imports of Textiles; Worn Clothing and Other Worn Articles in Oman
4. Exports of Textiles; Worn Clothing and Other Worn Articles in Oman

Price for Textiles; Worn Clothing and Other Worn Articles in Oman (CIF) - 2022

The average import price for textiles; worn clothing and other worn articleses stood at $567 per ton in 2022, approximately reflecting the previous year. Overall, the import price, however, showed a mild decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 38%. Over the period under review, average import prices reached the peak figure at $968 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,140 per ton), while the price for Spain ($387 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 States (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textiles; Worn Clothing and Other Worn Articles in Oman (FOB) - 2022

The average export price for textiles; worn clothing and other worn articleses stood at $959 per ton in 2022, surging by 24% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $1,005 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($4,059 per ton), while the average price for exports to the United Arab Emirates ($174 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textiles; Worn Clothing and Other Worn Articles in Oman

In 2022, overseas purchases of textiles; worn clothing and other worn articleses decreased by -7.6% to 15K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 17%.

In value terms, imports of textiles; worn clothing and other worn articleses shrank to $8.7M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 19%. As a result, imports attained the peak of $9.4M, and then reduced in the following year.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Oman in 2022:

1. Belgium (8.9K tons)
2. United Arab Emirates (2.2K tons)
3. Finland (2.0K tons)
4. Spain (1.4K tons)
5. Slovakia (0.4K tons)
6. United States (0.1K tons)

Exports of Textiles; Worn Clothing and Other Worn Articles in Oman

Exports of textiles; worn clothing and other worn articleses from Oman soared to 7.5K tons in 2022, increasing by 30% on the year before. In general, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of textiles; worn clothing and other worn articleses skyrocketed to $7.2M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Oman in 2022:

1. United Arab Emirates (3426.3 tons)
2. Lithuania (1400.9 tons)
3. Kenya (1128.1 tons)
4. India (489.3 tons)
5. Tanzania (342.5 tons)
6. Pakistan (250.7 tons)
7. Nicaragua (165.8 tons)

Source: IndexBox Market Intelligence Platform