Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Oman - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Oman (CIF) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Oman
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Oman (CIF) - 2022
In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $1,964 per unit, shrinking by -15.2% against the previous year. Overall, the import price saw a drastic downturn. The growth pace was the most rapid in 2017 when the average import price increased by 74%. Over the period under review, average import prices hit record highs at $10,816 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($19,361 per unit), while the price for the United Arab Emirates ($114 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Oman
For the fourth year in a row, Oman recorded growth in overseas purchases of weaving machines (looms); for weaving fabrics of a width 30cm or lesses, which increased by 33% to 4 units in 2022. The total import volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses surged to $22K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 1.4 | 0.1 | 19.4 | 64.0% |
| India | N/A | 0.8 | 0.5 | 2.1 | 62.0% |
| United Arab Emirates | 2.4 | 1.2 | 1.3 | 0.1 | -65.3% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 6.9 | 3.3 | 2.3 | 21.6 | 46.3% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Oman in 2022:
- India (2.0 units)
- United Arab Emirates (1.0 units)
- China (1.0 units)
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