Oman: Disperse Dye Market 2024

Disperse Dye Market Size in Oman

In 2021, after two years of growth, there was significant decline in the Omani disperse dye market, when its value decreased by -13.5% to $X. Over the period under review, consumption, however, recorded a resilient expansion. Disperse dye consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Disperse Dye Production in Oman

In value terms, disperse dye production stood at $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 357%. Disperse dye production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Disperse Dye Exports

Exports from Oman

In 2021, shipments abroad of disperse dyes and preparations based thereon was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, exports continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2013 when exports increased by 2,629% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, disperse dye exports skyrocketed to $X in 2021. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 4,101%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Bahrain (X tons) was the main destination for disperse dye exports from Oman, with a 68% share of total exports. Moreover, disperse dye exports to Bahrain exceeded the volume sent to the second major destination, Pakistan (X tons), sixfold. Kuwait (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bahrain amounted to +51.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+2,839.4% per year) and Kuwait (-1.9% per year).

In value terms, Bahrain ($X) remains the key foreign market for disperse dyes and preparations based thereon exports from Oman, comprising 61% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 20% share of total exports. It was followed by Qatar, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bahrain totaled +44.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+1,282.9% per year) and Qatar (-15.0% per year).

Export Prices by Country

In 2021, the average disperse dye export price amounted to $X per ton, dropping by -49.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 164%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average 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 Qatar ($X per ton), while the average price for exports to Yemen ($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 (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Disperse Dye Imports

Imports into Oman

In 2021, the amount of disperse dyes and preparations based thereon imported into Oman dropped rapidly to X tons, falling by -23.2% compared with the previous year's figure. In general, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 217%. Imports peaked at X tons in 2020, and then dropped markedly in the following year.

In value terms, disperse dye imports fell dramatically to $X in 2021. Overall, imports, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2015 when imports increased by 86%. Imports peaked at $X in 2020, and then reduced rapidly in the following year.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest disperse dye supplier to Oman, with a 87% share of total imports. Moreover, disperse dye imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was held by Belgium (X tons), with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+24.3% per year) and Belgium (+38.2% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of disperse dyes and preparations based thereon to Oman, comprising 62% of total imports. The second position in the ranking was taken by India ($X), with a 7.1% share of total imports. It was followed by Belgium, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+11.6% per year) and Belgium (+11.4% per year).

Import Prices by Country

The average disperse dye import price stood at $X per ton in 2021, rising by 4.2% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 155%. 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 Belgium ($X per ton), while the price for Saudi Arabia ($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 (-7.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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