Oman: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Oman

The Omani market for polyester tow and staple, not carded, combed or otherwise processed for spinning dropped modestly to $X in 2022, approximately equating 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). In general, consumption continues to indicate a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports from Oman

In 2022, after four years of growth, there was significant decline in overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning, when their volume decreased by -59.3% to X tons. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 306% against the previous year. The exports peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank rapidly to $X in 2022. Overall, exports saw a mild downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 171%. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Yemen (X tons) was the main destination for exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Oman, accounting for a 69% share of total exports. Moreover, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Yemen exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. The third position in this ranking was taken by Qatar (X tons), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume to Yemen totaled +32.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+37.4% per year) and Qatar (-17.7% per year).

In value terms, Yemen ($X) remains the key foreign market for polyester tow and staple, not carded, combed or otherwise processed for spinning exports from Oman, comprising 46% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 21% share of total exports. It was followed by Bahrain, with a 21% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Yemen amounted to +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+13.1% per year) and Bahrain (-3.7% per year).

Export Prices by Country

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, jumping by 20% against the previous year. In general, the export price, however, saw a deep slump. The growth pace was the most rapid in 2015 an increase of 35% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Yemen ($X 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 (+9.0%), while the prices for the other major destinations experienced a decline.

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports into Oman

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were imported into Oman; reducing by -24.5% compared with the previous year's figure. Overall, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 57%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning reduced to $X in 2022. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), Indonesia (X tons) and South Korea (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Oman, with a combined 60% share of total imports. Egypt, China, Thailand, Pakistan, Taiwan (Chinese) and Saudi Arabia lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +58.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Oman were the United Arab Emirates ($X), Indonesia ($X) and South Korea ($X), together comprising 65% of total imports. China, Thailand, Taiwan (Chinese), Pakistan, Egypt and Saudi Arabia lagged somewhat behind, together comprising a further 27%.

Among the main suppliers, Thailand, with a CAGR of +37.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, surging by 29% against the previous year. Over the period under review, the import price, however, showed a noticeable descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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