Oman: Wood Residues Market 2022

Wood Residues Market Size in Oman

The Omani wood residues market totaled $X in 2020, growing 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). The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Wood residues consumption peaked in 2020 and is expected to retain growth in the near future.

Wood Residues Exports

Exports from Oman

In 2020, shipments abroad of wood residues increased by X% to X cubic meters, rising for the third consecutive year after two years of decline. In general, total exports indicated temperate growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X cubic meters in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, wood residues exports shrank to $X in 2020. Over the period under review, exports faced a deep contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Norway (X cubic meters) were the main destinations of wood residues exports from Oman, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) constituted the largest markets for wood residues exported from Oman worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Ukraine recorded the highest rates of growth with regard to 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 wood residues export price stood at $X per cubic meter in 2020, which is down by -X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per cubic meter in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Mauritius ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ireland, while the prices for the other major destinations experienced a decline.

Wood Residues Imports

Imports into Oman

In 2020, approx. X cubic meters of wood residues were imported into Oman; with an increase of X% compared with 2019 figures. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, wood residues imports fell to $X in 2020. In general, imports recorded a drastic downturn. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Oman, together accounting for X% of total imports. Germany, Italy, Norway, the Netherlands, Canada, Poland, the U.S., Lithuania, Finland and Switzerland lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood residues suppliers to Oman were France ($X), Austria ($X) and Germany ($X), together comprising X% of total imports. Belgium, the U.S., Norway, Italy, Switzerland, the Netherlands, Lithuania, Canada, Poland and Finland lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average wood residues import price amounted to $X per cubic meter, declining by -X% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per cubic meter), while the price for Finland ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform