Report Update Nov 1, 2024

Oman - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Ink Market 2024

Ink Market Size in Oman

After three years of decline, the Omani ink market increased by 133% to $X in 2021. In general, consumption, however, recorded a deep contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Ink Exports

Exports from Oman

In 2021, overseas shipments of inks (excluding printing ink) decreased by -85.5% to X kg, falling for the second consecutive year after six years of growth. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 416% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, ink exports shrank remarkably to $X in 2021. Overall, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2019 with an increase of 628%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Yemen (X kg) was the main destination for ink exports from Oman, with a 56% share of total exports. Moreover, ink exports to Yemen exceeded the volume sent to the second major destination, Qatar (X kg), twofold. The third position in this ranking was taken by Iran (X kg), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Yemen totaled +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+44.7% per year) and Iran (-34.1% per year).

In value terms, Qatar ($X) remains the key foreign market for inks (excluding printing ink) exports from Oman, comprising 75% of total exports. The second position in the ranking was held by Yemen ($X), with a 17% share of total exports. It was followed by Iran, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to Qatar amounted to +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+3.3% per year) and Iran (-62.7% per year).

Export Prices by Country

The average ink export price stood at $X per ton in 2021, rising by 65% against the previous year. Overall, the export price recorded buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the United Arab Emirates (+6.4%), while the prices for the other major destinations experienced a decline.

Ink Imports

Imports into Oman

In 2021, overseas purchases of inks (excluding printing ink) increased by 127% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a precipitous shrinkage. The growth pace was the most rapid in 2017 with an increase of 1,072% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ink imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 1,042% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and Sri Lanka (X tons) were the main suppliers of ink imports to Oman, together accounting for 82% of total imports.

From 2012 to 2021, the biggest increases were recorded for Sri Lanka (with a CAGR of +76.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X), India ($X) and Singapore ($X) constituted the largest ink suppliers to Oman, together comprising 59% of total imports. These countries were followed by Saudi Arabia, China, Italy and Sri Lanka, which together accounted for a further 5.3%.

Sri Lanka, with a CAGR of +51.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ink import price stood at $X per ton in 2021, dropping by -8.2% against the previous year. Over the period under review, the import price, however, showed a modest increase. The growth pace was the most rapid in 2019 an increase of 24%. The import price peaked 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, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for inks (excluding printing ink) in the world?

The countries with the highest volumes of ink consumption in 2021 were China, the United States and India, together accounting for 39% of global consumption. These countries were followed by Greece, Indonesia, Japan, France, Thailand, the Philippines, Singapore, Germany, Saudi Arabia and Turkey, which together accounted for a further 27%.

What are the largest producers of inks (excluding printing ink) in the world?

The countries with the highest volumes of ink production in 2021 were China, the United States and India, together accounting for 53% of global production. Japan, Greece, the Philippines, Germany, Indonesia, South Korea, France, the UK, Spain and Saudi Arabia lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of inks (excluding printing ink) to Oman?

In value terms, the UK, the United Arab Emirates and Italy constituted the largest ink suppliers to Oman, together accounting for 65% of total imports. Singapore, Saudi Arabia and China lagged somewhat behind, together comprising a further 16%.

What are the leading importers of inks (excluding printing ink) from Oman?

In value terms, the United Arab Emirates remains the key foreign market for ink exports from Oman.

What is the average export price for inks (excluding printing ink) in Oman?

In 2021, the average ink export price amounted to $4,165 per ton, waning by -9.3% against the previous year.

What is the average import price for inks (excluding printing ink) in Oman?

In 2021, the average ink import price amounted to $7,608 per ton, which is down by -3.3% against the previous year.

This report provides an in-depth analysis of the ink market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20593000 - Inks (excluding printing ink)

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023