Oman: Market for Footwear with Uppers of Textile Materials 2023

Market Size for Footwear with Uppers of Textile Materials in Oman

The Omani market for footwear with uppers of textile materials rose rapidly to $X in 2021, surging by 6.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a prominent expansion. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2021.

Exports of Footwear with Uppers of Textile Materials

Exports from Oman

In 2021, shipments abroad of footwear with uppers of textile materials decreased by -22.6% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2017 with an increase of 359%. Over the period under review, the exports of attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of footwear with uppers of textile materials shrank remarkably to $X in 2021. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 269% against the previous year. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Yemen (X tons) was the main destination for exports of footwear with uppers of textile materials from Oman, accounting for a 61% share of total exports. Moreover, exports of footwear with uppers of textile materials to Yemen exceeded the volume sent to the second major destination, Somalia (X tons), threefold. The third position in this ranking was taken by Qatar (X tons), with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to Yemen amounted to +50.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+71.4% per year) and Qatar (+35.4% per year).

In value terms, Qatar ($X) remains the key foreign market for footwear with uppers of textile materials exports from Oman, comprising 61% of total exports. The second position in the ranking was held by Yemen ($X), with a 9.7% share of total exports. It was followed by Somalia, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar stood at +47.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+38.1% per year) and Somalia (+59.3% per year).

Export Prices by Country

In 2021, the average export price for footwear with uppers of textile materials amounted to $X per ton, dropping by -12.2% against the previous year. Overall, the export price, however, saw modest growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 68%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Qatar ($X per ton), while the average price for exports to Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear with Uppers of Textile Materials

Imports into Oman

Imports of footwear with uppers of textile materials into Oman totaled X tons in 2021, stabilizing at 2020 figures. Over the period under review, imports saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 67% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of footwear with uppers of textile materials expanded to $X in 2021. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by 99% against the previous year. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest footwear with uppers of textile materials supplier to Oman, accounting for a 51% share of total imports. Moreover, imports of footwear with uppers of textile materials from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by India (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.0% per year) and India (+21.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of footwear with uppers of textile materials to Oman, comprising 81% of total imports. The second position in the ranking was taken by China ($X), with a 5.8% share of total imports. It was followed by India, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.4% per year) and India (+2.1% per year).

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per ton in 2021, increasing by 1.8% against the previous year. Overall, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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