Oman: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in Oman

The Omani quilted textile products market declined to $X in 2021, falling by -11.4% against the previous year. In general, consumption, however, recorded significant growth. Quilted textile products consumption peaked at $X in 2020, and then contracted in the following year.

Quilted Textile Products Production in Oman

In value terms, quilted textile products production fell to $X in 2021 estimated in export price. In general, production, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 174% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then reduced in the following year.

Quilted Textile Products Exports

Exports from Oman

After six years of growth, overseas shipments of quilted textile products in the piece (excluding embroidery) decreased by -84.5% to X kg in 2021. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by 156% against the previous year. Over the period under review, the exports reached the peak figure at X kg in 2020, and then declined dramatically in the following year.

In value terms, quilted textile products exports declined markedly to $X in 2021. Overall, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2016 when exports increased by 257%. The exports peaked at $X in 2020, and then plummeted in the following year.

Exports by Country

The United Arab Emirates (X kg) was the main destination for quilted textile products exports from Oman, accounting for a 69% share of total exports. Moreover, quilted textile products exports to the United Arab Emirates exceeded the volume sent to the second major destination, Egypt (X kg), fourfold. Kuwait (X kg) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+200.0% per year) and Kuwait (-11.5% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for quilted textile products in the piece (excluding embroidery) exports from Oman, comprising 70% of total exports. The second position in the ranking was taken by Egypt ($X), with a 14% share of total exports. It was followed by Free Zones, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+72.1% per year) and Free Zones (-60.0% per year).

Export Prices by Country

In 2021, the average quilted textile products export price amounted to $X per ton, reducing by -56.3% against the previous year. In general, the export price showed a slight decline. The growth pace was the most rapid in 2020 when the average export price increased by 87% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Free Zones ($X per ton), while the average price for exports to Egypt ($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 Serbia (+3,950.1%), while the prices for the other major destinations experienced more modest paces of growth.

Quilted Textile Products Imports

Imports into Oman

In 2021, purchases abroad of quilted textile products in the piece (excluding embroidery) was finally on the rise to reach X tons after two years of decline. In general, imports enjoyed noticeable growth. The pace of growth was the most pronounced in 2018 when imports increased by 278%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, quilted textile products imports rose significantly to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 197% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest quilted textile products supplier to Oman, with a 68% share of total imports. Moreover, quilted textile products imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold. Iran (X kg) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +44.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-8.1% per year) and Iran (+10.2% per year).

In value terms, Egypt ($X) constituted the largest supplier of quilted textile products in the piece (excluding embroidery) to Oman, comprising 70% of total imports. The second position in the ranking was held by China ($X), with a 26% share of total imports. It was followed by the United Arab Emirates, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Egypt was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.2% per year) and the United Arab Emirates (-18.8% per year).

Import Prices by Country

In 2021, the average quilted textile products import price amounted to $X per ton, dropping by -42.4% against the previous year. Over the period under review, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 75%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+9.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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