Synthetic Filament Tow Price in Oman - 2021

Contents:

  1. Synthetic Filament Tow Price in Oman (CIF) - 2022
  2. Synthetic Filament Tow Price in Oman (FOB) - 2022
  3. Synthetic Filament Tow Imports in Oman
  4. Synthetic Filament Tow Exports in Oman

Synthetic Filament Tow Price in Oman (CIF) - 2022

The average synthetic filament tow import price stood at $1,580 per ton in 2022, shrinking by -12.1% against the previous year. Overall, the import price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 94%. The import price peaked at $3,751 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Brazil ($3,727 per ton), while the price for China ($472 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 Arab Emirates (-2.3%), while the prices for the other major suppliers experienced a decline.

Synthetic Filament Tow Price in Oman (FOB) - 2022

The average synthetic filament tow export price stood at $2,927 per ton in 2022, waning by -20% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 128% against the previous year. As a result, the export price attained the peak level of $3,659 per ton, and then reduced dramatically in the following year.

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 Qatar ($2,959 per ton), while the average price for exports to the United Arab Emirates amounted to $1,754 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+7.5%).

Synthetic Filament Tow Imports in Oman

In 2022, after three years of growth, there was significant decline in supplies from abroad of synthetic filament tows, when their volume decreased by -32.7% to 23 tons. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 794%.

In value terms, synthetic filament tow imports declined notably to $36K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 469%.

Import of Synthetic Filament Tow in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.53.630.318.3130.2%
United Arab EmiratesN/A1.213.08.0158.2%
Pakistan0.10.510.96.7306.2%
Saudi Arabia0.20.43.72.2122.4%
South KoreaN/A2.4N/AN/A0%
Taiwan (Chinese)N/A2.7N/AN/A0%
Others0.10.33.51.1122.4%
Total2.011.261.336.3162.8%

Top Suppliers of Synthetic Filament Tow to Oman in 2022:

  1. United Arab Emirates (8.7 tons)
  2. Pakistan (8.0 tons)
  3. Brazil (4.9 tons)
  4. Saudi Arabia (1.0 tons)

Synthetic Filament Tow Exports in Oman

In 2022, the amount of synthetic filament tows exported from Oman soared to 4.8 tons, with an increase of 189% against the year before. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 10,041% against the previous year. As a result, the exports reached the peak of 14 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, synthetic filament tow exports skyrocketed to $14K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 8,512% against the previous year. As a result, the exports attained the peak of $22K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Synthetic Filament Tow in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar0.119.82.213.8416.8%
United Arab Emirates0.12.20.10.226.0%
YemenN/AN/A3.7N/A0%
OthersN/AN/AN/AN/A0%
Total0.322.06.114.0260.0%

Top Export Markets for Synthetic Filament Tow from Oman in 2022:

  1. Qatar (4.7 tons)
  2. United Arab Emirates (0.1 tons)

Source: IndexBox Market Intelligence Platform

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