Price for Silk; Woven Fabrics of Noil Silk in Oman - 2022

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Oman (CIF) - 2022
  2. Price for Silk; Woven Fabrics of Noil Silk in Oman (FOB) - 2022
  3. Imports of Silk; Woven Fabrics of Noil Silk in Oman
  4. Exports of Silk; Woven Fabrics of Noil Silk in Oman

Price for Silk; Woven Fabrics of Noil Silk in Oman (CIF) - 2022

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $19,721 per ton, increasing by 25% against the previous year. In general, the import price, however, saw a noticeable slump. The import price peaked at $25,735 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($24,768 per ton), while the price for China ($19,082 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silk; Woven Fabrics of Noil Silk in Oman (FOB) - 2022

In 2022, the average export price for silk; woven fabrics of noil silks amounted to $34,131 per ton, which is down by -8% against the previous year. Overall, the export price showed a slight downturn. The growth pace was the most rapid in 2013 when the average export price increased by 55% against the previous year. As a result, the export price attained the peak level of $64,139 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -1.9% per year.

Imports of Silk; Woven Fabrics of Noil Silk in Oman

In 2022, overseas purchases of silk; woven fabrics of noil silks were finally on the rise to reach 18 tons after two years of decline. Overall, imports, however, continue to indicate a noticeable setback.

In value terms, imports of silk; woven fabrics of noil silks surged to $361K in 2022. In general, imports, however, showed a perceptible descent.

Import of Silk; Woven Fabrics of Noil Silk in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22825112031311.1%
Pakistan69.842.439.821.1-32.9%
United Arab Emirates77.066.458.517.5-39.0%
Sri Lanka18.6N/AN/AN/A0%
Others16.49.910.79.6-16.3%
Total410370229361-4.2%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Oman in 2022:

  1. China (16.4 tons)
  2. United Arab Emirates (0.9 tons)
  3. Pakistan (0.9 tons)

Exports of Silk; Woven Fabrics of Noil Silk in Oman

Exports of silk; woven fabrics of noil silks from Oman shrank dramatically to 99 kg in 2022, waning by -16.1% compared with the previous year. Over the period under review, exports recorded a dramatic decrease.

In value terms, exports of silk; woven fabrics of noil silks contracted sharply to $3.4K in 2022. In general, exports recorded a sharp contraction.

Export of Silk; Woven Fabrics of Noil Silk in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates60.55.04.43.4-61.7%
Others0.50.7N/AN/A40.0%
Total61.05.74.43.4-61.8%

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Oman in 2022:

  1. United Arab Emirates (98.0 kg)

Source: IndexBox Market Intelligence Platform

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