Oman: Linoleum Market 2024

Linoleum Market Size in Oman

In 2021, the Omani linoleum market decreased by -16.2% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.

Linoleum Production in Oman

In value terms, linoleum production shrank notably to $X in 2021 estimated in export price. Over the period under review, production saw a mild reduction. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, production reached the peak level of $X, and then declined remarkably in the following year.

Linoleum Exports

Exports from Oman

In 2021, after two years of decline, there was significant growth in shipments abroad of linoleum, when their volume increased by 603% to X square meters. In general, exports recorded significant growth. The growth pace was the most rapid in 2017 when exports increased by 3,101%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, linoleum exports skyrocketed to $X in 2021. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 1,617% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Yemen (X square meters) was the main destination for linoleum exports from Oman, with a 96% share of total exports. It was followed by Qatar (X square meters), with a 2.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Yemen amounted to +626.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+20.2% per year) and the United Arab Emirates (+22.4% per year).

In value terms, Yemen ($X) remains the key foreign market for linoleum exports from Oman, comprising 87% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Yemen amounted to +481.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+4.8% per year) and Qatar (-6.9% per year).

Export Prices by Country

In 2021, the average linoleum export price amounted to $X per square meter, declining by -19.8% against the previous year. Overall, the export price continues to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 116% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while the average price for exports to Yemen ($X per square meter) 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 (-14.4%), while the prices for the other major destinations experienced a decline.

Linoleum Imports

Imports into Oman

In 2021, overseas purchases of linoleum decreased by -20.9% to X square meters, falling for the fourth year in a row after two years of growth. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 513% against the previous year. Over the period under review, imports hit record highs at X square meters in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, linoleum imports contracted notably to $X in 2021. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 130%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X square meters) constituted the largest linoleum supplier to Oman, accounting for a 84% share of total imports. Moreover, linoleum imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X square meters), more than tenfold. China (X square meters) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-22.1% per year) and China (-29.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of linoleum to Oman, comprising 85% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 4.1% share of total imports. It was followed by Sweden, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-27.8% per year) and Sweden (-22.6% per year).

Import Prices by Country

In 2021, the average linoleum import price amounted to $X per square meter, reducing by -35.7% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 85%. The import price peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per square meter), while the price for the United States ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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