Oman - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Oman - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights

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Wood Fuel Price in Oman - 2022

Contents:

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

Wood Fuel Price in Oman (CIF) - 2022

In 2022, the average wood fuel import price amounted to $142 per cubic meter, with an increase of 102% against the previous year. Overall, the import price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of 703% against the previous year. As a result, import price reached the peak level of $2,068 per cubic meter. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($151 per cubic meter) and Vietnam ($134 per cubic meter), while the price for Egypt ($132 per cubic meter) and Estonia ($133 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+128.6%), while the prices for the other major suppliers experienced a decline.

Wood Fuel Price in Oman (FOB) - 2022

The average wood fuel export price stood at $105 per cubic meter in 2022, increasing by 91% against the previous year. Overall, the export price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of 2,278% against the previous year. The export price peaked at $482 per cubic meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($106 per cubic meter), while the average price for exports to the United Arab Emirates amounted to $65 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Fuel Imports in Oman

In 2022, overseas purchases of wood fuel decreased by -55% to 509 cubic meters, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. As a result, imports attained the peak of 1.1K cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wood fuel imports dropped to $72K in 2022. Over the period under review, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of $116K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Wood Fuel in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates38.968.745.240.41.3%
EgyptN/A16.71.914.1-8.1%
EstoniaN/A25.4N/A11.0-34.2%
VietnamN/AN/AN/A6.60%
Saudi Arabia33.7N/AN/A0.4-77.2%
Yemen2.91.3N/AN/A-55.2%
Ukraine5.8N/A15.1N/A61.4%
Others0.94.117.6N/A342.2%
Total82.311679.772.4-4.2%

Top Suppliers of Wood Fuel to Oman in 2022:

  1. United Arab Emirates (267.0 cubic meters)
  2. Egypt (107.0 cubic meters)
  3. Estonia (83.0 cubic meters)
  4. Vietnam (49.0 cubic meters)
  5. Saudi Arabia (3.0 cubic meters)

Wood Fuel Exports in Oman

After three years of growth, shipments abroad of wood fuel decreased by -94.7% to 92 cubic meters in 2022. In general, exports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 214%. As a result, the exports reached the peak of 1.7K cubic meters, and then dropped sharply in the following year.

In value terms, wood fuel exports fell markedly to $9.7K in 2022. Over the period under review, exports showed a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 69%. As a result, the exports reached the peak of $95K, and then shrank dramatically in the following year.

Export of Wood Fuel in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar38.556.594.59.6-37.1%
Somalia48.2N/AN/AN/A0%
OthersN/AN/A0.70.1-85.7%
Total86.756.595.29.7-51.8%

Top Export Markets for Wood Fuel from Oman in 2022:

  1. Qatar (91.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood fuel 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:

  • FCL 1627 - Wood fuel, coniferous
  • FCL 1628 - Wood fuel, non-coniferous

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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