Oman: Market for Jute And Jute-Like Fibers 2025

Market Size for Jute And Jute-Like Fibers in Oman

The Omani jute and jute-like fibers market dropped dramatically to $X in 2022, waning by -23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Jute And Jute-Like Fibers

Exports from Oman

In 2022, jute and jute-like fibers exports from Oman amounted to X kg, approximately mirroring 2021 figures. Over the period under review, exports showed a sharp decrease. The smallest decline of -92.8% was in 2018. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, jute and jute-like fibers exports totaled $X in 2022. Overall, exports showed a sharp contraction. The smallest decline of -55.5% was in 2018. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg), Turkey (X kg) and Qatar (X kg) were the main destinations of jute and jute-like fibers exports from Oman.

From 2013 to 2022, the biggest increases were recorded for Turkey (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

From 2013 to 2022, the average annual growth rate of value to the United Arab Emirates totaled -13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-33.5% per year) and Turkey (0.0% per year).

Export Prices by Country

In 2022, the average jute and jute-like fibers export price amounted to $X per ton, stabilizing at the previous year. In general, the export price saw significant growth. The growth pace was the most rapid in 2018 an increase of 518% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+25.0%).

Imports of Jute And Jute-Like Fibers

Imports into Oman

Jute and jute-like fibers imports into Oman dropped significantly to X tons in 2022, waning by -30.1% against the year before. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 151%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, jute and jute-like fibers imports contracted sharply to $X in 2022. Overall, imports faced a abrupt decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 70%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Pakistan (X tons) constituted the largest supplier of jute and jute-like fibers to Oman, with a 75% share of total imports. Moreover, jute and jute-like fibers imports from Pakistan exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fivefold. The third position in this ranking was held by India (X tons), with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Pakistan totaled -14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-6.7% per year) and India (-25.3% per year).

In value terms, Pakistan ($X) constituted the largest supplier of jute and jute-like fibers to Oman, comprising 87% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.2% share of total imports. It was followed by India, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value from Pakistan amounted to -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-8.2% per year) and India (-26.7% per year).

Import Prices by Country

In 2022, the average jute and jute-like fibers import price amounted to $X per ton, with an increase of 15% against the previous year. Overall, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2020 an increase of 77% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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