Price for Yarn; of Flax, Multiple (Folded) or Cabled in Oman - 2022

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Oman (CIF) - 2022

The average import price for yarn; of flax, multiple (folded) or cableds stood at $13,813 per ton in 2022, jumping by 54% against the previous year. Overall, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 136%. The import price peaked at $180,833 per ton in 2014; however, from 2015 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 ($13,000 per ton), while the price for China amounted to $13,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-16.1%).

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Oman

After three years of growth, purchases abroad of yarn; of flax, multiple (folded) or cableds decreased by -95.5% to 17 kg in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 448% against the previous year. As a result, imports attained the peak of 378 kg, and then declined remarkably in the following year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds fell rapidly to $221 in 2022. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 670%. As a result, imports attained the peak of $3.4K, and then fell dramatically in the following year.