Oman: Modelling Pastes Market 2024

Modelling Pastes Market Size in Oman

The Omani modelling pastes market dropped significantly to $X in 2021, which is down by -26.9% against the previous year. Overall, consumption, however, posted a temperate expansion. Over the period under review, the market attained the peak level at $X in 2020, and then shrank dramatically in the following year.

Modelling Pastes Production in Oman

In value terms, modelling pastes production contracted dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, showed a mild increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 138% against the previous year. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Modelling Pastes Exports

Exports from Oman

In 2021, shipments abroad of modelling pastes, dental wax and dental impression compounds decreased by -83.8% to X kg, falling for the second year in a row after four years of growth. In general, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 76%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, modelling pastes exports contracted markedly to $X in 2021. Overall, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 80%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X kg) was the main destination for modelling pastes exports from Oman, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia totaled -21.7%.

In value terms, Saudi Arabia ($X) remains the key foreign market for modelling pastes, dental wax and dental impression compounds exports from Oman, comprising 99% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia amounted to -19.8%.

Export Prices by Country

In 2021, the average modelling pastes export price amounted to $X per ton, surging by 5% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2020 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.5%), while the prices for the other major destinations experienced a decline.

Modelling Pastes Imports

Imports into Oman

Modelling pastes imports into Oman shrank dramatically to X tons in 2021, with a decrease of -20.5% on 2020. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 168% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, modelling pastes imports declined notably to $X in 2021. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 157% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Thailand (X tons) were the main suppliers of modelling pastes imports to Oman, together comprising 74% of total imports. These countries were followed by India, Italy, South Korea, Spain and Bahrain, which together accounted for a further 11%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +103.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Oman, comprising 37% of total imports. The second position in the ranking was held by China ($X), with a 5.7% share of total imports. It was followed by Italy, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+51.7% per year) and Italy (+17.8% per year).

Import Prices by Country

In 2021, the average modelling pastes import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2019 an increase of 16% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Bahrain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+28.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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