What is the price of cotton per kilogram/pound in Oman today?
The retail price range for Oman cotton is between US$ 5.20 and US$ 6.41 per kilogram or between US$ 2.36 and US$ 2.91 per pound(lb). Click here to see today's exact prices of cotton in Oman
The retail price range in Rial Omani for cotton is between OMR 2.00 and OMR 2.47 per kilogram or between OMR 0.91 and OMR 1.12 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman cotton is between US$ 3.64 and US$ 4.49 per kilogram or between US$ 1.65 and US$ 2.04 per pound(lb).
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Oman Cotton Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cotton from Oman over the last five years has been quite varied. In 2017, the price was 2.89 US dollars per kg, the highest of the five years. This was followed by 2015, when the price was 2.00 US dollars per kg. In 2016, the price dropped to 1.00 US dollar per kg, the lowest of the five years. The price then increased to 1.30 US dollars per kg in 2018 and 1.42 US dollars per kg in 2019. The most recent year, 2020, saw the price drop to 0.81 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Cotton from Oman in 2023 will be 0.81 US dollars per kg, and in 2024 will be 0.81 US dollars per kg.The Oman cotton exports are categorised as:
- Cotton linters (HS code 140420)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, carded or combed (HS code 520300)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Garnetted stock of cotton (HS code 520291)
Oman Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into Oman over the last five years has been quite varied. In 2017, the price was 2.89 US dollars per kg, the highest of the five year period. This was followed by 2015, when the price was 2.00 US dollars per kg. The price then dropped to 1.33 US dollars per kg in 2013, and then to 1.00 US dollars per kg in 2016. The price then rose again to 1.42 US dollars per kg in 2019, before dropping to 0.81 US dollars per kg in 2020 and 2021. Looking ahead, it is likely that the price of Cotton into Oman will remain relatively stable over the next few years. We predict that the price will remain at 0.81 US dollars per kg in 2023 and 2024.Export values for Oman cotton
The total values in export for cotton in Oman were US$ 1, US$ 52, US$ 13 and US$ 48 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Oman: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Middle East: Bahrain cotton, Cyprus cotton, Iraq cotton, Israel cotton, Jordan cotton, Kuwait cotton, Lebanon cotton, Palestine cotton, Oman cotton & Qatar cotton.
Oman cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman shipped 164 tonnes of cotton. Through 2019 alone, the market for Oman cotton (processed category) has surged, recording a change of 1540 percent compared to the year 2018. Between 2017 and 2019, cotton's exports went up by 811.11% earning the country US$0.05m for the year 2019. Oman's cotton exports are classified as:
- Garnetted stock of cotton (HS code 520291)
- Cotton linters (HS code 140420)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, carded or combed (HS code 520300)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, neither carded nor combed (HS code 520100)
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Oman cotton export values
In 2019, Oman sold cotton valued at 0.05m USD, an increment of 284.62% from 2018's total cotton export of 0.013m USD. The yearly change in value of Oman cotton between 2017 to 2018 was -75 pc.
The yearly variation in the volume of Oman's cotton exports between 2017 and 2019 was 811.11 pc in comparison to a variation of 1540% in the period between 2018 and 2019.
Export markets for Oman cotton ( in '000$ )
Oman's best performing destinations for cotton are India, Yemen, United Arab Emirates (UAE), Qatar and Pakistan.
Oman procured 6,951 tonnes of cotton in 2019.