Oman - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Oman - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights

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Table Flatware Price in Oman - 2021

Contents:

  1. Table Flatware Price in Oman (CIF) - 2022
  2. Table Flatware Price in Oman (FOB) - 2022
  3. Table Flatware Imports in Oman
  4. Table Flatware Exports in Oman

Table Flatware Price in Oman (CIF) - 2022

The average table flatware import price stood at $7,806 per ton in 2022, flattening at the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 17%. The import price peaked at $8,524 per ton in 2012; however, from 2013 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 the UK ($90,153 per ton), while the price for Taiwan (Chinese) ($3,806 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 (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Table Flatware Price in Oman (FOB) - 2022

The average table flatware export price stood at $6,037 per ton in 2022, declining by -2.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $7,760 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($20,031 per ton), while the average price for exports to Yemen ($1,495 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 the United Arab Emirates (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

Table Flatware Imports in Oman

In 2022, imports of table flatware into Oman expanded sharply to 326 tons, increasing by 6.3% compared with 2021 figures. In general, imports, however, continue to indicate a perceptible decline.

In value terms, table flatware imports expanded sharply to $2.5M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports reached the peak of $2.7M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Table Flatware in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29230439992947.1%
United Arab Emirates1,0881,646800911-5.7%
India37.528.111812047.4%
Taiwan (Chinese)34.448.054.353.916.1%
Others7976491,049534-12.5%
Total2,2502,6752,4202,5484.2%

Top Suppliers of Table Flatware to Oman in 2022:

  1. China (211.8 tons)
  2. United Arab Emirates (58.1 tons)
  3. India (16.7 tons)
  4. Taiwan (Chinese) (14.2 tons)

Table Flatware Exports in Oman

In 2022, exports of table flatware from Oman shrank remarkably to 18 tons, with a decrease of -65% against 2021 figures. In general, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 215% against the previous year. As a result, the exports reached the peak of 51 tons, and then reduced notably in the following year.

In value terms, table flatware exports contracted dramatically to $109K in 2022. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 277%. As a result, the exports attained the peak of $320K, and then contracted significantly in the following year.

Export of Table Flatware in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar68.931.731.836.4-19.2%
Iran9.228.131.027.844.6%
United Arab Emirates53.65.337.627.0-20.4%
Yemen0.26.016.57.0227.1%
United Kingdom4.13.71922.9-10.9%
Kuwait0.10.22.11.5146.6%
Somalia3.6N/AN/AN/A0%
Others14.19.79.25.9-25.2%
Total15484.8320109-10.9%

Top Export Markets for Table Flatware from Oman in 2022:

  1. Qatar (6.7 tons)
  2. Yemen (4.7 tons)
  3. Iran (2.9 tons)
  4. United Arab Emirates (1.4 tons)
  5. United Kingdom (1.3 tons)
  6. Kuwait (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the table flatware 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 25711430 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of stainless steel or other base metal
  • Prodcom 25711480 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of base metal, silver- , gold- or platinum plated

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Table Flatware - Oman