Oman - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Glass Fibre Chopped Strand in Oman - 2021
Contents:
- Price for Glass Fibre Chopped Strand in Oman (CIF) - 2022
- Price for Glass Fibre Chopped Strand in Oman (FOB) - 2022
- Imports of Glass Fibre Chopped Strand in Oman
- Exports of Glass Fibre Chopped Strand in Oman
Price for Glass Fibre Chopped Strand in Oman (CIF) - 2022
The average glass fibre chopped strand import price stood at $2,496 per ton in 2022, shrinking by -12% against the previous year. In general, the import price saw a noticeable decline. The pace of growth appeared the most rapid in 2020 an increase of 72%. The import price peaked at $3,909 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($20,006 per ton), while the price for Italy ($803 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibre Chopped Strand in Oman (FOB) - 2022
In 2022, the average glass fibre chopped strand export price amounted to $1,179 per ton, picking up by 5.2% against the previous year. Over the period under review, the export price, however, saw a pronounced setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 151%. Over the period under review, the average export prices reached the maximum at $3,601 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -3.0% per year.
Imports of Glass Fibre Chopped Strand in Oman
After two years of decline, overseas purchases of glass fibre chopped strands increased by 54% to 216 tons in 2022. In general, imports, however, showed a abrupt shrinkage.
In value terms, glass fibre chopped strand imports surged to $539K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% 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 -20.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of $681K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Glass Fibre Chopped Strand in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 174 | 281 | 248 | 287 | 18.2% |
| China | 85.1 | 213 | 42.2 | 91.0 | 2.3% |
| Slovakia | 35.1 | 10.0 | 15.0 | 56.2 | 17.0% |
| United Arab Emirates | 42.4 | 85.2 | 24.5 | 28.4 | -12.5% |
| Italy | 2.5 | 19.0 | 7.7 | 7.8 | 46.1% |
| United States | 3.7 | 16.6 | 5.8 | 7.0 | 23.7% |
| Slovenia | N/A | 9.2 | N/A | N/A | 0% |
| Singapore | 11.2 | N/A | N/A | N/A | 0% |
| Others | 97.6 | 47.2 | 54.4 | 61.2 | -14.4% |
| Total | 452 | 681 | 397 | 539 | 6.0% |
Top Suppliers of Glass Fibre Chopped Strand to Oman in 2022:
- China (85.5 tons)
- Slovakia (42.7 tons)
- United Arab Emirates (16.1 tons)
- Spain (14.4 tons)
- Italy (9.7 tons)
- United States (3.4 tons)
Exports of Glass Fibre Chopped Strand in Oman
In 2022, shipments abroad of glass fibre chopped strands decreased by -46.5% to 25 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,336%. As a result, the exports attained the peak of 48 tons, and then reduced rapidly in the following year.
In value terms, glass fibre chopped strand exports contracted sharply to $30K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 701% against the previous year. As a result, the exports reached the peak of $53K, and then shrank remarkably in the following year.
| Export of Glass Fibre Chopped Strand in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 4.5 | 6.7 | 51.4 | 30.0 | 88.2% |
| Others | N/A | N/A | 2.0 | N/A | 0% |
| Total | 4.5 | 6.7 | 53.4 | 30.0 | 88.2% |
Top Export Markets for Glass Fibre Chopped Strand from Oman in 2022:
- Qatar (25.4 tons)
This report provides an in-depth analysis of the market for glass fibre chopped strand 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
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
-
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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