Oman: Wrapping Papers Market 2024

Wrapping Papers Market Size in Oman

In 2022, the Omani wrapping papers market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Wrapping Papers Exports

Exports from Oman

In 2022, shipments abroad of wrapping paper, packaging paper and paperboard increased by X% to X tons, rising for the third year in a row after four years of decline. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, wrapping papers exports surged to $X in 2022. Over the period under review, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 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 wrapping papers exports from Oman, accounting for a X% share of total exports. Moreover, wrapping papers exports to the United Arab Emirates exceeded the volume sent to the second major destination, Jordan (X tons), fivefold. Kuwait (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (X% per year) and Kuwait (X% per year).

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Qatar ($X) constituted the largest markets for wrapping papers exported from Oman worldwide, with a combined X% share of total exports.

Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wrapping papers export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, 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 2022, 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 more modest paces of growth.

Wrapping Papers Imports

Imports into Oman

In 2022, imports of wrapping paper, packaging paper and paperboard into Oman reduced to X tons, shrinking by X% against the previous year. Overall, imports saw a pronounced descent. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wrapping papers imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovenia (X tons), the United Arab Emirates (X tons) and Germany (X tons) were the main suppliers of wrapping papers imports to Oman, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), the United Arab Emirates ($X) and Germany ($X) constituted the largest wrapping papers suppliers to Oman, together comprising X% of total imports.

Among the main suppliers, Slovenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wrapping papers import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wrapping papers import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per ton) and Germany ($X per ton), while the price for Russia ($X per ton) and Slovenia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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