Oman: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Oman

The Omani market for mattresses of cellular rubber or plastics amounted to $X in 2022, remaining constant against the previous year. In general, consumption saw a pronounced increase. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Mattresses of cellular rubber or plastics in Oman

In value terms, production of mattresses of cellular rubber or plastics stood at $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.0% against 2019 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 66% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a somewhat lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports from Oman

Exports of mattresses of cellular rubber or plastics from Oman expanded markedly to X units in 2022, increasing by 10% against 2021 figures. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 45%. Over the period under review, the exports of reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of mattresses of cellular rubber or plastics declined to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 25%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

The United Arab Emirates (X units), Qatar (X units) and Saudi Arabia (X units) were the main destinations of exports of mattresses of cellular rubber or plastics from Oman, with a combined 93% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +18.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for mattresses of cellular rubber or plastics exported from Oman were the United Arab Emirates ($X), Qatar ($X) and Saudi Arabia ($X), together comprising 92% of total exports.

Qatar, with a CAGR of +18.2%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, reducing by -17.9% against the previous year. In general, the export price saw a slight slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 49%. As a result, the export price reached the peak level of $X per unit, and then reduced remarkably in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($X per unit) and Kuwait ($X per unit), while the average price for exports to Qatar ($X per unit) and Saudi Arabia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mattresses of cellular rubber or plastics

Imports into Oman

In 2022, imports of mattresses of cellular rubber or plastics into Oman skyrocketed to X units, jumping by 22% compared with 2021 figures. Overall, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of mattresses of cellular rubber or plastics expanded remarkably to $X in 2022. In general, imports recorded a measured expansion. The pace of growth was the most pronounced in 2019 when imports increased by 40% against the previous year. Over the period under review, imports of reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) was the main mattresses of cellular rubber or plastics supplier to Oman, with a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled +5.1%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of mattresses of cellular rubber or plastics to Oman.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at +4.7%.

Import Prices by Country

In 2022, the average import price for mattresses of cellular rubber or plastics amounted to $X per unit, falling by -7.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -0.4% per year.

Source: IndexBox Platform

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