Oman: Book Cover Market 2024

Book Cover Market Size in Oman

After two years of growth, the Omani book cover market decreased by -1.4% to $X in 2022. Over the period under review, consumption saw a strong increase. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Book Cover Exports

Exports from Oman

In 2022, shipments abroad of blotting pads and book covers decreased by -14.6% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2015 when exports increased by 2,007%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, book cover exports dropped notably to $X in 2022. Overall, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2015 when exports increased by 2,703% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for book cover exports from Oman, accounting for a 49% share of total exports. Moreover, book cover exports to Qatar exceeded the volume sent to the second major destination, Somalia (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 20% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to +27.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+22.1% per year) and the United Arab Emirates (+14.5% per year).

In value terms, the largest markets for book cover exported from Oman were the United Arab Emirates ($X), Somalia ($X) and Qatar ($X), with a combined 89% share of total exports. India, Tanzania and Pakistan lagged somewhat behind, together accounting for a further 9.1%.

Tanzania, with a CAGR of +47.5%, 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

The average book cover export price stood at $X per ton in 2022, dropping by -6.9% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 58%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Qatar ($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 the United Arab Emirates (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Book Cover Imports

Imports into Oman

In 2022, the amount of blotting pads and book covers imported into Oman was estimated at X tons, with an increase of 8.3% compared with 2021 figures. Over the period under review, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 197%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, book cover imports contracted to $X in 2022. In general, imports enjoyed a temperate increase. The most prominent rate of growth was recorded in 2020 when imports increased by 118%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

The United Arab Emirates (X tons), Indonesia (X tons) and China (X tons) were the main suppliers of book cover imports to Oman, with a combined 95% share of total imports. Singapore and Saudi Arabia lagged somewhat behind, together accounting for a further 2.1%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +21.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of blotting pads and book covers to Oman, comprising 68% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 21% share of total imports. It was followed by China, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+7.6% per year) and China (+3.7% per year).

Import Prices by Country

The average book cover import price stood at $X per ton in 2022, reducing by -17.2% against the previous year. Overall, the import price saw a noticeable descent. The pace of growth was the most pronounced in 2018 an increase of 74% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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