Oman: Non-Cellular Polystyrene Film Market 2024

Non-Cellular Polystyrene Film Market Size in Oman

The Omani non-cellular polystyrene film market rose rapidly to $X in 2022, increasing by X% against the previous year. Overall, consumption enjoyed a strong increase. Non-cellular polystyrene film consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Non-Cellular Polystyrene Film Production in Oman

In value terms, non-cellular polystyrene film production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Non-Cellular Polystyrene Film Exports

Exports from Oman

After two years of growth, overseas shipments of non-cellular polystyrene films, sheets, foil and strip decreased by X% to X tons in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, non-cellular polystyrene film exports dropped markedly to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Morocco (X tons), Qatar (X tons) and Belgium (X tons) were the main destinations of non-cellular polystyrene film exports from Oman, with a combined X% share of total exports. Ireland, Yemen, India and Egypt lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-cellular polystyrene film exported from Oman were Morocco ($X), Qatar ($X) and Belgium ($X), together accounting for X% of total exports. Ireland, Yemen, India and Egypt lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Yemen, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-cellular polystyrene film export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Egypt ($X per ton) and Ireland ($X per ton), while the average price for exports to Qatar ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polystyrene Film Imports

Imports into Oman

In 2022, overseas purchases of non-cellular polystyrene films, sheets, foil and strip increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, non-cellular polystyrene film imports reached $X in 2022. In general, imports continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of non-cellular polystyrene film to Oman, accounting for a X% share of total imports. Moreover, non-cellular polystyrene film imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Saudi Arabia (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of non-cellular polystyrene films, sheets, foil and strip to Oman, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The average non-cellular polystyrene film import price stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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