Oman: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in Oman

The Omani industrial roundwood market reduced markedly to $X in 2022, waning by -37.9% against the previous year. In general, consumption saw a abrupt shrinkage. Industrial roundwood consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Industrial Roundwood Production in Oman

In value terms, industrial roundwood production reduced to $X in 2022 estimated in export price. Overall, production saw pronounced growth. The most prominent rate of growth was recorded in 2020 with an increase of 36%. Industrial roundwood production peaked at $X in 2021, and then shrank in the following year.

Industrial Roundwood Exports

Exports from Oman

In 2022, approx. X cubic meters of industrial roundwood were exported from Oman; jumping by 94% compared with the previous year. Overall, exports enjoyed a strong increase. The growth pace was the most rapid in 2020 with an increase of 255% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, industrial roundwood exports surged to $X in 2022. Over the period under review, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of 631% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Yemen (X cubic meters), the United Arab Emirates (X cubic meters) and Qatar (X cubic meters) were the main destinations of industrial roundwood exports from Oman, together accounting for 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of +29.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for industrial roundwood exported from Oman were Yemen ($X), the United Arab Emirates ($X) and Qatar ($X), together comprising 99% of total exports.

In terms of the main countries of destination, Yemen, with a CAGR of +32.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average industrial roundwood export price amounted to $X per cubic meter, reducing by -5% against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 609% against the previous year. The export price peaked at $X per cubic meter in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per cubic meter), while the average price for exports to Yemen ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood Imports

Imports into Oman

In 2022, the amount of industrial roundwood imported into Oman shrank to X cubic meters, which is down by -9.2% on 2021 figures. In general, imports recorded a mild descent. The most prominent rate of growth was recorded in 2013 with an increase of 43%. Over the period under review, imports reached the maximum at X cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, industrial roundwood imports reduced rapidly to $X in 2022. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 47% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X cubic meters) constituted the largest industrial roundwood supplier to Oman, accounting for a 77% share of total imports. Moreover, industrial roundwood imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), fourfold. The third position in this ranking was held by Malaysia (X cubic meters), with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+15.1% per year) and Malaysia (-21.7% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of industrial roundwood to Oman, comprising 78% of total imports. The second position in the ranking was held by the United States ($X), with a 15% share of total imports. It was followed by Malaysia, with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.2% per year) and Malaysia (-19.4% per year).

Import Prices by Country

In 2022, the average industrial roundwood import price amounted to $X per cubic meter, dropping by -33.4% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 9.6%. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per cubic meter), while the price for the United States ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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