Oman: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Oman

The Omani paper pulp moulded articles market reached $X in 2022, surging by 6.1% against the previous year. In general, consumption enjoyed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Moulded Or Pressed Articles Of Paper Pulp in Oman

In value terms, paper pulp moulded articles production rose markedly to $X in 2022 estimated in export price. Overall, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 49% against the previous year. Paper pulp moulded articles production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Oman

In 2022, paper pulp moulded articles exports from Oman contracted slightly to X tons, almost unchanged from the previous year. Over the period under review, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 307%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, paper pulp moulded articles exports shrank to $X in 2022. In general, exports, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 252% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for paper pulp moulded articles exports from Oman, accounting for a 56% share of total exports. Moreover, paper pulp moulded articles exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bahrain (X tons), twofold. Kuwait (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+14.9% per year) and Kuwait (+15.6% per year).

In value terms, the largest markets for paper pulp moulded articles exported from Oman were the United Arab Emirates ($X), Bahrain ($X) and Kuwait ($X), together accounting for 94% of total exports.

Kuwait, with a CAGR of +22.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average paper pulp moulded articles export price amounted to $X per ton, falling by -4.9% against the previous year. Over the period under review, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, 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 Bahrain ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Oman

In 2022, paper pulp moulded articles imports into Oman reduced to X tons, dropping by -10.1% on 2021. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 78% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, paper pulp moulded articles imports reduced to $X in 2022. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by 119% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and India (X tons) were the main suppliers of paper pulp moulded articles imports to Oman, with a combined 90% share of total imports. Sweden, Turkey and China lagged somewhat behind, together comprising a further 8%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +86.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper pulp moulded articles suppliers to Oman were India ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), with a combined 82% share of total imports. Sweden, Turkey and China lagged somewhat behind, together accounting for a further 8.3%.

In terms of the main suppliers, Sweden, with a CAGR of +65.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average paper pulp moulded articles import price amounted to $X per ton, shrinking by -2.8% against the previous year. In general, the import price saw a slight slump. The most prominent rate of growth was recorded in 2019 an increase of 23%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 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 India ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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