Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Oman - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Oman (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Oman (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Oman
  4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Oman

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Oman (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $10,317 per ton, increasing by 13% against the previous year. Overall, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 84%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($10,346 per ton) and China ($10,324 per ton), while the price for India ($10,310 per ton) and Lebanon ($10,313 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+85.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Oman (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $9,501 per ton, growing by 12% against the previous year. Overall, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 43%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +17.2% per year.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Oman

In 2022, approx. 1.9 tons of wadding; other articles thereof, of man-made fibreses were imported into Oman; rising by 65% against 2021 figures. Overall, imports, however, recorded a abrupt setback.

In value terms, imports of wadding; other articles thereof, of man-made fibreses surged to $20K in 2022. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Oman (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
India0.30.36.3358.3%
China2.70.95.137.4%
SwitzerlandN/AN/A4.40%
LebanonN/AN/A3.60%
NetherlandsN/AN/A0.50%
United Arab Emirates3.17.2N/A132.3%
Egypt1.30.4N/A-69.2%
Italy5.41.3N/A-75.9%
Others1.20.6N/A-50.0%
Total14.010.720.019.5%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Oman in 2022:

  1. India (610.0 kg)
  2. China (490.0 kg)
  3. Switzerland (430.0 kg)
  4. Lebanon (351.0 kg)
  5. Netherlands (52.0 kg)
  6. United Arab Emirates (1.0 kg)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Oman

In 2022, shipments abroad of wadding; other articles thereof, of man-made fibreses decreased by -99.1% to 381 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a significant decrease.

In value terms, exports of wadding; other articles thereof, of man-made fibreses shrank dramatically to $3.6K in 2022. Over the period under review, exports continue to indicate a precipitous decrease.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/AN/AN/A3.60%
United Arab Emirates186N/A358N/A38.7%
YemenN/AN/A2.0N/A0%
Saudi Arabia3.7N/A2.3N/A-21.2%
Others1.5N/A1.2N/A-10.6%
Total191N/A3633.6-73.4%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Oman in 2022:

  1. Bahrain (381.0 kg)

Source: IndexBox Market Intelligence Platform

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