Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Oman - 2022

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Oman (CIF) - 2022
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Oman (FOB) - 2022
  3. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Oman
  4. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Oman

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Oman (CIF) - 2022

In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $7,446 per ton, surging by 34% against the previous year. Overall, the import price, however, continues to indicate a slight contraction. The import price peaked at $10,948 per ton in 2015; however, from 2016 to 2022, 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 Malaysia ($28,500 per ton), while the price for the United Arab Emirates ($5,199 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Oman (FOB) - 2022

In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $19,000 per ton, jumping by 84% against the previous year. In general, the export price, however, saw a noticeable curtailment. The export price peaked at $25,212 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($30,800 per ton), while the average price for exports to Turkey ($333 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 the United Arab Emirates (+8.4%).

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Oman

In 2022, supplies from abroad of yarn of carded wool, not put up for retail sale decreased by -16.5% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 311% against the previous year.

In value terms, imports of yarn of carded wool, not put up for retail sale rose significantly to $8.6K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 269%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.22.23.85.1194.3%
Thailand0.73.03.33.062.4%
Malaysia0.10.50.50.571.0%
Others0.81.10.1N/A-64.6%
Total1.86.77.68.668.4%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Oman in 2022:

  1. United Arab Emirates (978.0 kg)
  2. Thailand (153.0 kg)
  3. Malaysia (16.0 kg)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Oman

For the third year in a row, Oman recorded decline in shipments abroad of yarn of carded wool, not put up for retail sale, which decreased by -91.1% to 11 kg in 2022. Over the period under review, exports saw a precipitous contraction. The smallest decline of -30.4% was in 2020.

In value terms, exports of yarn of carded wool, not put up for retail sale reduced dramatically to $209 in 2022. Overall, exports faced a precipitous decline. The smallest decline of -0.8% was in 2020.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri LankaN/AN/AN/A1540%
United Arab Emirates1991,29019154.0-35.3%
TurkeyN/AN/AN/A1.00%
Qatar1,075N/AN/AN/A0%
BahrainN/AN/A1,089N/A0%
Others26.0N/AN/AN/A0%
Total1,3001,2901,280209-45.6%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Oman in 2022:

  1. Sri Lanka (5.0 kg)
  2. United Arab Emirates (3.0 kg)
  3. Turkey (3.0 kg)

Source: IndexBox Market Intelligence Platform

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