Yarn; of Coir Price in Oman - 2021

Contents:

1. Yarn; of Coir Price in Oman (CIF) - 2022
2. Yarn; of Coir Price in Oman (FOB) - 2022
3. Yarn; of Coir Imports in Oman
4. Yarn; of Coir Exports in Oman

Yarn; of Coir Price in Oman (CIF) - 2022

The average yarn; of coir import price stood at $848 per ton in 2022, which is down by -3.3% against the previous year. In general, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 6.5% against the previous year. Over the period under review, average import prices attained the maximum at $1,076 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($929 per ton), while the price for India stood at $817 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.2%).

Yarn; of Coir Price in Oman (FOB) - 2022

The average yarn; of coir export price stood at $2,509 per ton in 2022, dropping by -15.4% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2019 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices hit record highs at $2,965 per ton in 2021, and then dropped significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +22.3% per year.

Yarn; of Coir Imports in Oman

In 2022, imports of yarn; of coirs into Oman rose notably to 193 tons, with an increase of 7.6% on 2021. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 17% against the previous year. As a result, imports reached the peak of 207 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, yarn; of coir imports rose to $164K in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports attained the peak of $170K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Yarn; of Coir to Oman in 2022:

1. India (140.3 tons)
2. United Arab Emirates (52.8 tons)

Yarn; of Coir Exports in Oman

Yarn; of coir exports from Oman contracted to 1 tons in 2022, approximately equating 2021. Overall, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 1.8%.

In value terms, yarn; of coir exports contracted rapidly to $2.6K in 2022. Over the period under review, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports attained the peak of $3.1K, and then shrank sharply in the following year.

Top Export Markets for Yarn; of Coir from Oman in 2022:

1. Qatar (1.0 tons)

Source: IndexBox Market Intelligence Platform