Oman: Nonwoven Fabric Market 2024

Nonwoven Fabric Market Size in Oman

The Omani nonwoven fabric market surged to $X in 2022, increasing by X% 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). In general, consumption showed a resilient increase. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Nonwoven Fabric Exports

Exports from Oman

In 2022, shipments abroad of nonwoven fabrics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, nonwoven fabric exports reduced remarkably to $X in 2022. Overall, exports, however, posted a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Kuwait (X tons) was the main destination for nonwoven fabric exports from Oman, with a X% share of total exports. Moreover, nonwoven fabric exports to Kuwait exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was held by Somalia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kuwait stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Somalia (X% per year).

In value terms, Kuwait ($X) emerged as the key foreign market for nonwoven fabrics exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Somalia ($X), with an X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kuwait totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average nonwoven fabric export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Somalia ($X per ton) and Qatar ($X per ton), while the average price for exports to Kuwait ($X per ton) and the United Arab Emirates ($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 Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Nonwoven Fabric Imports

Imports into Oman

In 2022, overseas purchases of nonwoven fabrics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, nonwoven fabric imports rose significantly to $X in 2022. Overall, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest nonwoven fabric supplier to Oman, accounting for a X% share of total imports. Moreover, nonwoven fabric imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), twofold. The third position in this ranking was held by the United Arab Emirates (X tons), with an X% share.

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

In value terms, the largest nonwoven fabric suppliers to Oman were China ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), together comprising X% of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average nonwoven fabric import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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