Oman: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Oman

The Omani market for polyester tow and staple, not carded, combed or otherwise processed for spinning fell to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a deep contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports from Oman

In 2022, after two years of growth, there was significant decline in overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning, when their volume decreased by X% to X tons. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then fell rapidly in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning contracted remarkably to $X in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Kuwait (X tons), Pakistan (X tons) and Qatar (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Oman, with a combined X% share of total exports.

From 2013 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bahrain ($X) emerged as the key foreign market for polyester tow and staple, not carded, combed or otherwise processed for spinning exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2013 to 2022, the average annual growth rate of value to Bahrain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, saw a abrupt downturn. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced a decline.

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports into Oman

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were imported into Oman; declining by X% on 2021. Over the period under review, imports recorded a pronounced decline. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning declined to $X in 2022. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), South Korea (X tons) and China (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Oman, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), South Korea ($X) and China ($X) constituted the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Oman, with a combined X% share of total imports. Pakistan, India, Indonesia, Iran and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Pakistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X 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 highest price was recorded for prices from Pakistan ($X per ton) and the United Arab Emirates ($X per ton), while the price for China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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