Oman: Direct Dye Market 2024

Direct Dye Market Size in Oman

The Omani direct dye market rose significantly to $X in 2021, picking up by 15% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -18.5% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Direct Dye Production in Oman

In value terms, direct dye production totaled $X in 2021 estimated in export price. Over the period under review, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -28.5% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 112%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Direct Dye Exports

Exports from Oman

In 2021, overseas shipments of direct dyes and preparations based thereon increased by 62% to X tons, rising for the sixth year in a row after two years of decline. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 807%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, direct dye exports surged to $X in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 753%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Yemen (X tons) was the main destination for direct dye exports from Oman, accounting for a 86% share of total exports. Moreover, direct dye exports to Yemen exceeded the volume sent to the second major destination, Qatar (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Yemen amounted to +90.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+75.7% per year) and the United Arab Emirates (+33.3% per year).

In value terms, the largest markets for direct dye exported from Oman were Yemen ($X), Qatar ($X) and the United Arab Emirates ($X), together accounting for 100% of total exports.

In terms of the main countries of destination, Qatar, with a CAGR of +96.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average direct dye export price stood at $X per ton in 2021, which is down by -1.6% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+12.0%), while the prices for the other major destinations experienced a decline.

Direct Dye Imports

Imports into Oman

In 2021, the amount of direct dyes and preparations based thereon imported into Oman soared to X tons, picking up by 270% on 2020 figures. Over the period under review, imports saw strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 438% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, direct dye imports skyrocketed to $X in 2021. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of 341% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest supplier of direct dye to Oman, with a 82% share of total imports. Moreover, direct dye imports from Thailand exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fivefold. Turkey (X tons) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+13.1% per year) and Turkey (0.0% per year).

In value terms, Thailand ($X) constituted the largest supplier of direct dyes and preparations based thereon to Oman, comprising 63% of total imports. The second position in the ranking was held by Turkey ($X), with a 19% share of total imports. It was followed by the United Arab Emirates, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (0.0% per year) and the United Arab Emirates (+14.9% per year).

Import Prices by Country

The average direct dye import price stood at $X per ton in 2021, which is down by -14.4% against the previous year. In general, the import price showed a deep slump. The pace of growth was the most pronounced in 2015 an increase of 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Turkey ($X per ton), while the price for Thailand ($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 UK (+70.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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