Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Oman - 2022

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Oman (CIF) - 2022
2. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Oman

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Oman (CIF) - 2022

In 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $1,321 per ton, with an increase of 11% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The growth pace was the most rapid in 2015 when the average import price increased by 63%. Over the period under review, average import prices attained the peak figure at $5,926 per ton in 2016; however, from 2017 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 the United Arab Emirates ($42,600 per ton), while the price for Pakistan ($1,046 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 (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Oman

In 2022, after three years of growth, there was significant decline in overseas purchases of waste (including noils, yarn waste and garnetted stock), of man-made fibreses, when their volume decreased by -72.7% to 1.2 tons. In general, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 115%.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses declined significantly to $1.6K in 2022. Overall, imports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of $5.2K, and then reduced rapidly in the following year.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Oman in 2022:

1. Pakistan (1161.0 kg)
2. United States (24.0 kg)

Source: IndexBox Market Intelligence Platform