Price for Knitted or Crocheted Pile Fabrics in Oman - 2021

Contents:

  1. Price for Knitted or Crocheted Pile Fabrics in Oman (CIF) - 2022
  2. Price for Knitted or Crocheted Pile Fabrics in Oman (FOB) - 2022
  3. Imports of Knitted or Crocheted Pile Fabrics in Oman
  4. Exports of Knitted or Crocheted Pile Fabrics in Oman

Price for Knitted or Crocheted Pile Fabrics in Oman (CIF) - 2022

The average import price for knitted or crocheted pile fabricses stood at $3,854 per ton in 2022, waning by -3.7% against the previous year. Overall, the import price saw a slight descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 32%. As a result, import price reached the peak level of $4,820 per ton. From 2016 to 2022, the average 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 Singapore ($20,202 per ton), while the price for China ($1,870 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitted or Crocheted Pile Fabrics in Oman (FOB) - 2022

The average export price for knitted or crocheted pile fabricses stood at $3,368 per ton in 2022, with a decrease of -5.2% against the previous year. In general, the export price, however, showed a perceptible expansion. The growth pace was the most rapid in 2014 when the average export price increased by 139%. As a result, the export price reached the peak level of $11,909 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 Qatar ($4,114 per ton), while the average price for exports to Jordan ($2,723 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 Jordan (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knitted or Crocheted Pile Fabrics in Oman

In 2022, approx. 1.4K tons of knitted or crocheted pile fabricses were imported into Oman; reducing by -31.1% against the previous year. In general, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 164% against the previous year. As a result, imports attained the peak of 2.1K tons, and then reduced dramatically in the following year.

In value terms, knitted or crocheted pile fabrics imports declined markedly to $5.5M in 2022. Overall, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 205% against the previous year. As a result, imports attained the peak of $8.3M, and then dropped sharply in the following year.

Import of Knitted or Crocheted Pile Fabrics in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia0.20.23.92.2122.4%
China2.71.13.72.1-8.0%
United Arab Emirates1.21.20.20.9-9.1%
Others0.30.30.40.30.0%
Total4.42.78.35.57.7%

Top Suppliers of Knitted or Crocheted Pile Fabrics to Oman in 2022:

  1. China (1128.1 tons)
  2. Saudi Arabia (232.1 tons)
  3. United Arab Emirates (219.8 tons)

Exports of Knitted or Crocheted Pile Fabrics in Oman

In 2022, the amount of knitted or crocheted pile fabricses exported from Oman soared to 276 tons, picking up by 31% compared with the previous year. Overall, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, the exports attained the peak of 341 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, knitted or crocheted pile fabrics exports skyrocketed to $928K in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 31%. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Knitted or Crocheted Pile Fabrics in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran779745355676-4.6%
Qatar7.114.5329211209.7%
Jordan17.641.560.939.130.5%
SomaliaN/A167N/AN/A0%
Yemen40.8120N/AN/A194.1%
Others2.521.62.81.9-8.7%
Total8471,1097489283.1%

Top Export Markets for Knitted or Crocheted Pile Fabrics from Oman in 2022:

  1. Iran (208.9 tons)
  2. Qatar (51.3 tons)
  3. Jordan (14.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; pile fabrics, including "long pile" fabrics and terry fabrics, knitted or crocheted - Oman