Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman - 2022

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman (CIF) - 2022

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $6,015 per ton in December 2022, remaining constant against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 6.8% m-o-m. As a result, import price reached the peak level of $6,282 per ton. From October 2022 to December 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was the United Arab Emirates ($6,031 per ton), while the price for Germany ($5,790 per ton) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $4,351 per ton in 2022, increasing by 55% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 an increase of 217%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($4,382 per ton), while the average price for exports to the United Arab Emirates stood at $2,500 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman

In 2022, purchases abroad of felt; whether or not impregnated, coated, covered or laminateds was finally on the rise to reach 959 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds surged to $2M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates63.465.042.1876140.0%
Germany1.82.42.1769653.2%
Turkey67.838.883.820544.6%
Saudi Arabia67841425188.8-49.2%
China1461076.00.3-87.3%
Sri Lanka74.446.915.3N/A-54.7%
Others96.369.588.752.0-18.6%
Total1,1277444891,99220.9%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Oman in 2022:

  1. United Arab Emirates (427.2 tons)
  2. Turkey (382.2 tons)
  3. Germany (127.8 tons)
  4. Saudi Arabia (15.3 tons)
  5. China (0.3 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman

For the third consecutive year, Oman recorded decline in overseas shipments of felt; whether or not impregnated, coated, covered or laminateds, which decreased by -90.4% to 245 kg in 2022. Overall, exports faced a dramatic curtailment. The smallest decline of -1.2% was in 2021.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds reduced notably to $1.1K in 2022. Over the period under review, exports showed a significant decline. The smallest decline of -3.9% was in 2021.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A1.10%
Kuwait10.71.3N/AN/A-87.9%
Qatar17.11.10.2N/A-89.2%
United Arab Emirates11.03.73.9N/A-40.5%
Saudi Arabia3.9N/AN/AN/A0%
EritreaN/AN/A1.4N/A0%
Bahrain5.41.30.9N/A-59.2%
Others0.4N/A0.7N/A32.3%
Total48.67.57.21.1-71.7%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Oman in 2022:

  1. Sweden (241.0 kg)
  2. United Arab Emirates (4.0 kg)

Source: IndexBox Market Intelligence Platform

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