Oman: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Oman

The Omani market for braids in the piece, tassels and pompons, ornamental trimmings dropped rapidly to $X in 2021, falling by -X% against the previous year. Overall, consumption, however, recorded buoyant growth. As a result, consumption attained the peak level of $X, and then fell rapidly in the following year.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Oman

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings fell significantly to $X in 2021 estimated in export price. Overall, production, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Production of peaked at $X in 2020, and then fell notably in the following year.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Oman

Exports of braids in the piece, tassels and pompons, ornamental trimmings from Oman dropped sharply to X kg in 2021, with a decrease of -X% compared with the previous year. In general, exports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings contracted markedly to $X in 2021. Over the period under review, exports faced a precipitous contraction. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Yemen (X kg) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Oman, with a X% share of total exports. Moreover, exports of braids in the piece, tassels and pompons, ornamental trimmings to Yemen exceeded the volume sent to the second major destination, Qatar (X kg), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Yemen was relatively modest.

In value terms, the largest markets for braids, tassels, pompons and ornamental trimmings exported from Oman were Qatar ($X) and Yemen ($X, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Qatar ($X per ton), while the average price for exports to Yemen amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+X%).

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Oman

In 2021, imports of braids in the piece, tassels and pompons, ornamental trimmings into Oman contracted rapidly to X tons, with a decrease of -X% against 2020 figures. In general, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings skyrocketed to $X in 2021. Overall, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Oman, with a X% share of total imports. Moreover, imports of braids in the piece, tassels and pompons, ornamental trimmings from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. India (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and India (-X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Oman, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and China (-X% per year).

Import Prices by Country

The average import price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, picking up by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform