Oman: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Oman

The Omani market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X in 2022, with an increase of X% against the previous year. In general, consumption posted a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Oman

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders totaled $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Oman

In 2022, overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X square meters. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders declined rapidly to $X in 2022. In general, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

The United Arab Emirates (X square meters) was the main destination for exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Oman, accounting for a approx. X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from Oman.

From 2013 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%.

Export Prices by Country

The average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per thousand square meters in 2022, jumping by X% against the previous year. In general, the export price, however, showed a abrupt downturn. Over the period under review, the average export prices hit record highs at $X per thousand square meters in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Oman

In 2022, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders into Oman dropped markedly to X square meters, reducing by X% on 2021 figures. Over the period under review, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X square meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank remarkably to $X in 2022. Overall, imports faced a sharp contraction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

The United Arab Emirates (X square meters), Saudi Arabia (X square meters) and India (X square meters) were the main suppliers of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Oman, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders suppliers to Oman were the United Arab Emirates ($X), Saudi Arabia ($X) and the United States ($X), with a combined X% share of total imports.

Among the main suppliers, Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per thousand square meters in 2022, picking up by X% against the previous year. Overall, the import price continues to indicate a modest expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per thousand square meters in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($X per thousand square meters), while the price for India ($X per thousand square meters) was amongst the lowest.

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

Source: IndexBox Platform

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