Oman: Organic Pigments Market 2024

Organic Pigments Market Size in Oman

The Omani organic pigments market expanded sharply to $X in 2022, growing by X% against the previous year. Over the period under review, consumption enjoyed resilient growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Organic Pigments Production in Oman

In value terms, organic pigments production soared to $X in 2022 estimated in export price. In general, production continues to indicate a strong expansion. The growth pace was the most rapid in 2020 with an increase of X%. Organic pigments production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Organic Pigments Exports

Exports from Oman

After two years of growth, overseas shipments of synthetic organic coloring matter and pigments decreased by X% to X tons in 2022. Over the period under review, exports showed a mild decrease. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, organic pigments exports dropped notably to $X in 2022. In general, exports, however, posted a moderate expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons), Pakistan (X tons) and Yemen (X tons) were the main destinations of organic pigments exports from Oman.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Pakistan ($X) and Yemen ($X) constituted the largest markets for organic pigments exported from Oman worldwide.

Among the main countries of destination, Pakistan, 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

The average organic pigments export price stood at $X per ton in 2021, shrinking by X% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organic pigments export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates ($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 Qatar (X%), while the prices for the other major destinations experienced a decline.

Organic Pigments Imports

Imports into Oman

In 2022, the amount of synthetic organic coloring matter and pigments imported into Oman fell to X tons, remaining constant against 2021. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, organic pigments imports shrank slightly to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest organic pigments supplier to Oman, accounting for a X% share of total imports. Moreover, organic pigments imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Italy (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of synthetic organic coloring matter and pigments to Oman, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, 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: India (X% per year) and Italy (X% per year).

Import Prices by Country

The average organic pigments import price stood at $X per ton in 2021, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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