Oman: Office Supply Market 2024

Office Supply Market Size in Oman

The Omani office supply market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, recorded a drastic downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Office Supply Exports

Exports from Oman

In 2022, after two years of growth, there was significant decline in overseas shipments of office or school supplies of plastics, when their volume decreased by -42.7% to X tons. Over the period under review, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by 299%. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined notably in the following year.

In value terms, office supply exports fell notably to $X in 2022. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 394% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Yemen (X tons) was the main destination for office supply exports from Oman, accounting for a 74% share of total exports. Moreover, office supply exports to Yemen exceeded the volume sent to the second major destination, Qatar (X tons), fourfold. The third position in this ranking was taken by Somalia (X tons), with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume to Yemen stood at +135.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-29.2% per year) and Somalia (+54.6% per year).

In value terms, Yemen ($X) remains the key foreign market for office or school supplies of plastics exports from Oman, comprising 75% of total exports. The second position in the ranking was held by Qatar ($X), with a 21% share of total exports. It was followed by Somalia, with a 1.9% share.

From 2012 to 2022, the average annual growth rate of value to Yemen stood at +172.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-30.4% per year) and Somalia (+19.1% per year).

Export Prices by Country

In 2022, the average office supply export price amounted to $X per ton, surging by 20% against the previous year. In general, the export price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2014 an increase of 91% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Somalia ($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 Yemen (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.

Office Supply Imports

Imports into Oman

In 2022, overseas purchases of office or school supplies of plastics were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 63%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, office supply imports rose notably to $X in 2022. In general, imports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2013 with an increase of 80% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest office supply supplier to Oman, accounting for a 75% share of total imports. Moreover, office supply imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.5% per year) and Saudi Arabia (+4.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of office or school supplies of plastics to Oman, comprising 86% of total imports. The second position in the ranking was taken by China ($X), with a 9.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.1% per year) and Saudi Arabia (-1.5% per year).

Import Prices by Country

The average office supply import price stood at $X per ton in 2022, which is down by -3.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, 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 the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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