Oman: Market for Cotton (Carded Or Combed) 2025

Market Size for Cotton (Carded Or Combed) in Oman

The Omani cotton (carded or combed) market expanded notably to $X in 2022, growing by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Exports of Cotton (Carded Or Combed)

Exports from Oman

In 2022, approx. X kg of cotton (carded or combed) were exported from Oman; dropping by -38.5% compared with the previous year's figure. Overall, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 275% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cotton (carded or combed) exports dropped remarkably to $X in 2022. In general, exports showed a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 840%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for cotton (carded or combed) exports from Oman, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar stood at -19.5%.

In value terms, Qatar ($X) also remains the key foreign market for cotton (carded or combed) exports from Oman.

From 2012 to 2022, the average annual growth rate of value to Qatar stood at -3.6%.

Export Prices by Country

In 2022, the average cotton (carded or combed) export price amounted to $X per ton, dropping by -10.1% against the previous year. Overall, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 153%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +19.8% per year.

Imports of Cotton (Carded Or Combed)

Imports into Oman

In 2022, approx. X tons of cotton (carded or combed) were imported into Oman; picking up by 8.8% against 2021. Over the period under review, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 176% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cotton (carded or combed) imports expanded remarkably to $X in 2022. In general, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 163%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Pakistan (X tons) constituted the largest supplier of cotton (carded or combed) to Oman, with a 71% share of total imports. Moreover, cotton (carded or combed) imports from Pakistan exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from Pakistan stood at +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-11.8% per year) and China (+13.3% per year).

In value terms, Pakistan ($X), the United Arab Emirates ($X) and China ($X) were the largest cotton (carded or combed) suppliers to Oman, together comprising 84% of total imports.

Pakistan, with a CAGR of +12.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average cotton (carded or combed) import price amounted to $X per ton, growing by 2.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 94% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, 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 the United States ($X per ton), while the price for Pakistan ($X 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 States (+20.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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