Oman: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Oman

The Omani self-adhesive printed label market rose markedly to $X in 2022, growing by 7.2% against the previous year. Overall, consumption showed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Self-Adhesive Printed Label Production in Oman

In value terms, self-adhesive printed label production rose rapidly to $X in 2022 estimated in export price. In general, production recorded a prominent increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 121% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Self-Adhesive Printed Label Exports

Exports from Oman

In 2022, approx. X tons of self-adhesive printed labels were exported from Oman; surging by 41% on the previous year's figure. Over the period under review, exports posted pronounced growth. The pace of growth appeared the most rapid in 2018 when exports increased by 122%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, self-adhesive printed label exports soared to $X in 2022. In general, exports recorded a perceptible increase. The most prominent rate of growth was recorded in 2018 when exports increased by 141%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for self-adhesive printed label exports from Oman, with a 66% share of total exports. Moreover, self-adhesive printed label exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X tons), threefold. Yemen (X tons) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+27.6% per year) and Yemen (+21.0% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for self-adhesive printed labels exports from Oman, comprising 64% of total exports. The second position in the ranking was taken by Qatar ($X), with a 26% share of total exports. It was followed by Yemen, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+49.3% per year) and Yemen (+25.2% per year).

Export Prices by Country

The average self-adhesive printed label export price stood at $X per ton in 2022, shrinking by -12.8% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 70%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Yemen ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and Qatar ($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 Qatar (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into Oman

In 2022, supplies from abroad of self-adhesive printed labels was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 51% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, self-adhesive printed label imports rose modestly to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 -4.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 40%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of self-adhesive printed label to Oman, with a 83% share of total imports. Moreover, self-adhesive printed label imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), ninefold. The third position in this ranking was held by Sri Lanka (X tons), with a 1.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.8% per year) and Sri Lanka (-8.2% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of self-adhesive printed labels to Oman, comprising 80% of total imports. The second position in the ranking was taken by China ($X), with a 6% share of total imports. It was followed by Sri Lanka, with a 0.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.3% per year) and Sri Lanka (-10.5% per year).

Import Prices by Country

The average self-adhesive printed label import price stood at $X per ton in 2022, reducing by -2.6% against the previous year. Over the period under review, the import price, however, recorded a mild increase. The most prominent rate of growth was recorded in 2018 an increase of 80% against the previous year. The import price peaked at $X per ton in 2021, and then contracted slightly in the following year.

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 the United Arab Emirates ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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