Oman - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Oman - 2021
Contents:
- Plastic Furniture Fittings Price in Oman (CIF) - 2022
- Plastic Furniture Fittings Price in Oman (FOB) - 2022
- Plastic Furniture Fittings Imports in Oman
- Plastic Furniture Fittings Exports in Oman
Plastic Furniture Fittings Price in Oman (CIF) - 2022
The average plastic furniture fittings import price stood at $5,279 per ton in 2022, dropping by -5.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 28%. As a result, import price reached the peak level of $12,498 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($53,795 per ton), while the price for Turkey ($813 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 (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Price in Oman (FOB) - 2022
The average plastic furniture fittings export price stood at $10,338 per ton in 2022, waning by -4.2% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 107% against the previous year. Over the period under review, the average export prices attained the maximum at $10,788 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($116,647 per ton), while the average price for exports to Somalia ($1,671 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 Jamaica (+65.1%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Imports in Oman
For the fourth consecutive year, Oman recorded growth in purchases abroad of plastic fittings for furniture, which increased by 6.7% to 231 tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, plastic furniture fittings imports totaled $1.2M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 79%. As a result, imports reached the peak of $1.2M; afterwards, it flattened through to 2022.
| Import of Plastic Furniture Fittings in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 187 | 699 | 426 | 471 | 36.1% |
| United States | 183 | 214 | 286 | 331 | 21.8% |
| Mexico | 94.7 | 106 | 135 | 149 | 16.3% |
| China | 39.9 | 39.8 | 82.5 | 81.7 | 27.0% |
| South Korea | 21.3 | 25.7 | 13.1 | 21.8 | 0.8% |
| Turkey | 15.3 | 15.2 | 32.1 | 21.0 | 11.1% |
| Others | 144 | 129 | 231 | 143 | -0.2% |
| Total | 685 | 1,229 | 1,206 | 1,218 | 21.1% |
Top Suppliers of Plastic Furniture Fittings to Oman in 2022:
- United Arab Emirates (78.3 tons)
- China (65.5 tons)
- Turkey (25.9 tons)
- South Korea (25.5 tons)
- United States (11.1 tons)
- Mexico (5.7 tons)
Plastic Furniture Fittings Exports in Oman
In 2022, approx. 25 tons of plastic fittings for furniture were exported from Oman; falling by -13.7% on the previous year's figure. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 35% against the previous year.
In value terms, plastic furniture fittings exports declined sharply to $257K in 2022. Overall, exports saw a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, the exports reached the peak of $310K, and then shrank remarkably in the following year.
| Export of Plastic Furniture Fittings in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 29.7 | 103 | 190 | 161 | 75.7% |
| Yemen | 36.1 | 4.1 | 37.3 | 31.6 | -4.3% |
| Qatar | 31.5 | 19.7 | 2.1 | 17.6 | -17.6% |
| China | 75.2 | 33.4 | 31.3 | 15.3 | -41.2% |
| United States | 61.4 | 27.4 | 25.8 | 12.7 | -40.9% |
| Somalia | 12.0 | 7.2 | 9.2 | 8.0 | -12.6% |
| Free Zones | 4.2 | N/A | N/A | N/A | 0% |
| Others | 15.8 | 8.2 | 14.3 | 10.7 | -12.2% |
| Total | 266 | 203 | 310 | 257 | -1.1% |
Top Export Markets for Plastic Furniture Fittings from Oman in 2022:
- United Arab Emirates (7.6 tons)
- Yemen (6.6 tons)
- Somalia (4.8 tons)
- Qatar (4.7 tons)
- China (0.5 tons)
- United States (0.2 tons)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
236
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This report provides an in-depth analysis of the plastic furniture fittings market in Oman.
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This report provides an in-depth analysis of the office supply market in Oman.
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This report provides an in-depth analysis of the plastic ornamental articles market in Oman.
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This report provides an in-depth analysis of the global plastic furniture fittings market.
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