Price for Clothing; Parts, Knitted or Crocheted in Oman - 2021

Contents:

  1. Price for Clothing; Parts, Knitted or Crocheted in Oman (CIF) - 2022
  2. Price for Clothing; Parts, Knitted or Crocheted in Oman (FOB) - 2022
  3. Imports of Clothing; Parts, Knitted or Crocheted in Oman
  4. Exports of Clothing; Parts, Knitted or Crocheted in Oman

Price for Clothing; Parts, Knitted or Crocheted in Oman (CIF) - 2022

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $5,566 per ton, picking up by 33% against the previous year. Over the period under review, the import price posted a tangible increase. The growth pace was the most rapid in 2018 an increase of 79%. As a result, import price reached the peak level of $7,368 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($3,624 per ton), while the price for China amounted to $531 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.4%).

Price for Clothing; Parts, Knitted or Crocheted in Oman (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $3,019 per ton, shrinking by -27.6% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 82% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,700 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($10,500 per ton), while the average price for exports to the United Arab Emirates ($1,150 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 Qatar (+14.1%), while the prices for the other major destinations experienced a decline.

Imports of Clothing; Parts, Knitted or Crocheted in Oman

In 2022, clothing; parts, knitted or crocheted imports into Oman rose modestly to 13 tons, increasing by 2.3% compared with the year before. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 502%. As a result, imports reached the peak of 26 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, clothing; parts, knitted or crocheted imports surged to $74K in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 500% against the previous year. As a result, imports attained the peak of $93K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Clothing; Parts, Knitted or Crocheted in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6.370.437.010.920.0%
China1.97.42.05.038.1%
Others7.315.215.057.699.1%
Total15.593.054.073.568.0%

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Oman in 2022:

  1. China (9.4 tons)
  2. United Arab Emirates (3.0 tons)

Exports of Clothing; Parts, Knitted or Crocheted in Oman

In 2022, after three years of growth, there was significant decline in shipments abroad of clothing; parts, knitted or crocheted, when their volume decreased by -18% to 568 kg. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 560% against the previous year. As a result, the exports reached the peak of 693 kg, and then shrank dramatically in the following year.

In value terms, clothing; parts, knitted or crocheted exports contracted notably to $1.7K in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 435% against the previous year. As a result, the exports reached the peak of $2.9K, and then shrank markedly in the following year.

Export of Clothing; Parts, Knitted or Crocheted in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Yemen1384872,4241,641128.2%
United Arab Emirates1.012.094.023.0184.4%
Others2.041.037151.0194.3%
Total1415402,8891,715130.0%

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Oman in 2022:

  1. Yemen (540.0 kg)
  2. United Arab Emirates (20.0 kg)

Source: IndexBox Market Intelligence Platform

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