Oman - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Latex Rubber Price in Oman - 2021
Contents:
- Synthetic Latex Rubber Price in Oman (CIF) - 2022
- Synthetic Latex Rubber Price in Oman (FOB) - 2022
- Synthetic Latex Rubber Imports in Oman
- Synthetic Latex Rubber Exports in Oman
Synthetic Latex Rubber Price in Oman (CIF) - 2022
In 2022, the average synthetic latex rubber import price amounted to $2,465 per ton, which is down by -27.1% against the previous year. In general, the import price, however, continues to indicate a perceptible increase. The growth pace was the most rapid in 2015 an increase of 50%. Over the period under review, average import prices reached the maximum at $3,383 per ton in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($3,728 per ton), while the price for Germany ($1,302 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Latex Rubber Price in Oman (FOB) - 2022
In 2022, the average synthetic latex rubber export price amounted to $3,833 per ton, falling by -6.7% against the previous year. In general, the export price, however, posted prominent growth. The pace of growth was the most pronounced in 2020 an increase of 562% against the previous year. Over the period under review, the average export prices hit record highs at $4,107 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4,562 per ton), while the average price for exports to Iraq ($1,636 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 Saudi Arabia (+117.0%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Latex Rubber Imports in Oman
In 2022, supplies from abroad of synthetic latex rubber decreased by -35.6% to 627 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 115% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, synthetic latex rubber imports contracted sharply to $1.5M in 2022. Over the period under review, imports, however, showed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 145% against the previous year.
| Import of Synthetic Latex Rubber in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 630 | 1,827 | 1,927 | 778 | 7.3% |
| United States | 209 | 837 | 700 | 325 | 15.9% |
| Germany | 92.5 | 102 | 105 | 66.1 | -10.6% |
| Netherlands | 65.0 | 42.0 | 20.0 | 65.0 | 0.0% |
| Singapore | 65.7 | 69.1 | 121 | 48.5 | -9.6% |
| Qatar | 31.7 | 124 | 104 | 41.6 | 9.5% |
| Saudi Arabia | 27.4 | 36.9 | 11.0 | 21.4 | -7.9% |
| Others | 172 | 130 | 307 | 200 | 5.2% |
| Total | 1,293 | 3,168 | 3,294 | 1,545 | 6.1% |
Top Suppliers of Synthetic Latex Rubber to Oman in 2022:
- United Arab Emirates (287.5 tons)
- United States (87.7 tons)
- Germany (50.8 tons)
- Netherlands (21.8 tons)
- Qatar (14.9 tons)
- Singapore (13.0 tons)
- Saudi Arabia (8.6 tons)
Synthetic Latex Rubber Exports in Oman
For the fourth consecutive year, Oman recorded growth in shipments abroad of synthetic latex rubber, which increased by 12% to 101 tons in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 33%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, synthetic latex rubber exports expanded to $388K in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 782%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Synthetic Latex Rubber in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 0.5 | 151 | 239 | 265 | 709.3% |
| Saudi Arabia | 19.6 | 34.5 | 75.0 | 88.9 | 65.5% |
| Iraq | 0.8 | 8.3 | 16.9 | 18.7 | 185.9% |
| United Arab Emirates | 1.4 | 2.5 | 12.9 | 15.5 | 122.9% |
| Egypt | N/A | N/A | 27.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.3 | 197 | 371 | 388 | 159.1% |
Top Export Markets for Synthetic Latex Rubber from Oman in 2022:
- Qatar (58.2 tons)
- Saudi Arabia (22.3 tons)
- Iraq (11.4 tons)
- United Arab Emirates (9.5 tons)
This report provides an in-depth analysis of the synthetic latex rubber 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 20171050 - Synthetic latex rubber
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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