Oman: Wood Residues Market 2024

Wood Residues Market Size in Oman

For the fifth consecutive year, the Omani wood residues market recorded growth in sales value, which increased by X% to $X in 2020. In general, the total consumption indicated slight growth from 2012 to 2020: its value increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by X% against 2015 indices. Wood residues consumption peaked in 2020 and is likely to see steady growth in years to come.

Wood Residues Exports

Exports from Oman

In 2020, shipments abroad of wood residues increased by X% to X cubic meters, rising for the third year in a row after two years of decline. In general, exports, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X cubic meters in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.

In value terms, wood residues exports fell to $X in 2020. Over the period under review, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2020, the growth of the exports remained at a somewhat 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, together comprising X% of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood residues exported from Oman were Germany ($X), Belgium ($X) and Ukraine ($X), together accounting for X% of total exports. Canada, Austria, Poland, France, Norway, Ireland, the Czech Republic, Croatia and Belarus lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Ireland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average wood residues export price amounted to $X per cubic meter, with a decrease of X% against the previous year. Overall, the export price faced a abrupt setback. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per cubic meter. From 2014 to 2020, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (X%), 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; surging by X% on 2019 figures. In general, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

In value terms, wood residues imports shrank to $X in 2020. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 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 United States, Lithuania, Finland and Switzerland lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Germany ($X) appeared to be the largest wood residues suppliers to Oman, with a combined X% share of total imports. Belgium, the United States, Norway, Italy, Switzerland, the Netherlands, Lithuania, Canada, Poland and Finland lagged somewhat behind, together accounting for a further X%.

Switzerland, 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 2020, the average wood residues import price amounted to $X per cubic meter, which is down by X% against the previous year. Overall, the import price faced a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2020, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Finland ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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