Report Update Nov 1, 2024

Oman - Knitted or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Knitted Fabric Market 2024

Knitted Fabric Market Size in Oman

In 2021, the Omani knitted fabric market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption posted a prominent expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Knitted Fabric Production in Oman

In value terms, knitted fabric production stood at $X in 2021 estimated in export price. Over the period under review, production recorded a resilient increase. The growth pace was the most rapid in 2017 when the production volume increased by 1,793%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Knitted Fabric Exports

Exports from Oman

In 2021, after four years of growth, there was significant decline in shipments abroad of knitted or crocheted fabrics, when their volume decreased by -19.4% to X tons. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 245%. The exports peaked at X tons in 2020, and then declined rapidly in the following year.

In value terms, knitted fabric exports declined notably to $X in 2021. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2014 with an increase of 431% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then fell dramatically in the following year.

Exports by Country

Somalia (X tons), Yemen (X tons) and Qatar (X tons) were the main destinations of knitted fabric exports from Oman.

From 2012 to 2021, the biggest increases were recorded for Yemen (with a CAGR of +549.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X), Iran ($X) and Qatar ($X) appeared to be the largest markets for knitted fabric exported from Oman worldwide, together accounting for 73% of total exports.

In terms of the main countries of destination, Yemen, with a CAGR of +338.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average knitted fabric export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 64%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Somalia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-1.6%), while the prices for the other major destinations experienced a decline.

Knitted Fabric Imports

Imports into Oman

In 2021, supplies from abroad of knitted or crocheted fabrics was finally on the rise to reach X tons after two years of decline. Overall, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, knitted fabric imports skyrocketed to $X in 2021. Over the period under review, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest knitted fabric supplier to Oman, with a 30% share of total imports. Moreover, knitted fabric imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. Saudi Arabia (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+36.0% per year) and Saudi Arabia (+68.1% per year).

In value terms, China ($X) constituted the largest supplier of knitted or crocheted fabrics to Oman, comprising 16% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 7.2% share of total imports. It was followed by South Korea, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+45.7% per year) and South Korea (+20.8% per year).

Import Prices by Country

In 2021, the average knitted fabric import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price saw a slight curtailment. The most prominent rate of growth was recorded in 2015 an increase of 14% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for knitted or crocheted fabrics in the world?

China remains the largest knitted fabric consuming country worldwide, accounting for 19% of total volume. Moreover, knitted fabric consumption in China exceeded the figures recorded by the second-largest consumer, Brazil, threefold. Vietnam ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of knitted or crocheted fabrics in the world?

China constituted the country with the largest volume of knitted fabric production, comprising approx. 59% of total volume. Moreover, knitted fabric production in China exceeded the figures recorded by the second-largest producer, South Korea, more than tenfold. Brazil ranked third in terms of total production with a 4% share.

What are the leading suppliers of knitted or crocheted fabrics to Oman?

In value terms, China, the United Arab Emirates and India were the largest knitted fabric suppliers to Oman, with a combined 91% share of total imports.

What are the leading importers of knitted or crocheted fabrics from Oman?

In value terms, India remains the key foreign market for knitted fabric exports from Oman, comprising 90% of total exports. The second position in the ranking was occupied by Tanzania, with a 6.1% share of total exports. It was followed by Jordan, with a 2.3% share.

What is the average export price for knitted or crocheted fabrics in Oman?

In 2021, the average knitted fabric export price amounted to $5,810 per ton, with a decrease of -2.5% against the previous year.

What is the average import price for knitted or crocheted fabrics in Oman?

In 2021, the average knitted fabric import price amounted to $2,883 per ton, growing by 12% against the previous year.

This report provides an in-depth analysis of the knitted fabric market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023