Oman - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Furniture Price in Oman - 2021
Contents:
- Plastic Furniture Price in Oman (CIF) - 2022
- Plastic Furniture Price in Oman (FOB) - 2022
- Plastic Furniture Imports in Oman
- Plastic Furniture Exports in Oman
Plastic Furniture Price in Oman (CIF) - 2022
In 2022, the average plastic furniture import price amounted to $5.2 per unit, rising by 2.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 24%. The import price peaked at $9.8 per unit in 2018; however, from 2019 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 Italy ($9.6 per unit), while the price for Thailand ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Plastic Furniture Price in Oman (FOB) - 2022
The average plastic furniture export price stood at $14 per unit in 2022, waning by -2.1% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic furniture export price decreased by +0.8% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices reached the maximum at $18 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($26 per unit), while the average price for exports to the United Arab Emirates ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Imports in Oman
After three years of growth, overseas purchases of furniture of plastic decreased by -4.8% to 866K units in 2022. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 909K units, and then declined slightly in the following year.
In value terms, plastic furniture imports contracted to $4.5M in 2022. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 5.2% against the previous year. Over the period under review, imports hit record highs at $7.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Plastic Furniture in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,340 | 1,621 | 1,879 | 1,739 | -19.6% |
| United Arab Emirates | 3,021 | 1,720 | 1,541 | 1,613 | -18.9% |
| Turkey | 120 | 130 | 455 | 383 | 47.2% |
| Italy | 108 | 276 | 301 | 253 | 32.8% |
| Thailand | 80.8 | 65.8 | 19.7 | 43.7 | -18.5% |
| Others | 561 | 548 | 393 | 443 | -7.6% |
| Total | 7,231 | 4,362 | 4,588 | 4,475 | -14.8% |
Top Suppliers of Plastic Furniture to Oman in 2022:
- China (542.6K units)
- United Arab Emirates (190.7K units)
- Turkey (58.3K units)
- Italy (26.4K units)
- Thailand (24.1K units)
Plastic Furniture Exports in Oman
In 2022, after two years of decline, there was significant growth in overseas shipments of furniture of plastic, when their volume increased by 81% to 173K units. In general, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports hit record highs at 283K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, plastic furniture exports skyrocketed to $2.3M in 2022. Overall, exports, however, faced a deep contraction. The exports peaked at $4.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Plastic Furniture in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3,021 | 2,226 | 706 | 1,516 | -20.5% |
| Qatar | 355 | 902 | 148 | 359 | 0.4% |
| Bahrain | 558 | 20.8 | 236 | 248 | -23.7% |
| Kuwait | 133 | 165 | 120 | 126 | -1.8% |
| Somalia | 48.1 | 6.1 | 59.7 | 62.5 | 9.1% |
| United Arab Emirates | 16.2 | 25.1 | 12.7 | 14.5 | -3.6% |
| Others | 47.9 | 28.0 | 41.6 | 23.2 | -21.5% |
| Total | 4,180 | 3,373 | 1,325 | 2,349 | -17.5% |
Top Export Markets for Plastic Furniture from Oman in 2022:
- Saudi Arabia (111.1K units)
- Qatar (24.5K units)
- Bahrain (9.6K units)
- Somalia (9.5K units)
- Kuwait (9.4K units)
- United Arab Emirates (7.3K units)
This report provides an in-depth analysis of the plastic furniture 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 31091430 - Furniture of plastics (excluding medical, surgical, dental or veterinary furniture - cases and cabinets specially designed for hi-fi systems, videos and televisions)
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
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