Oman: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Oman

After two years of decline, the Omani plastic self-adhesive plate market increased by 1.4% to $X in 2022. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -14.4% against 2019 indices. Plastic self-adhesive plate consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Plastic Self-Adhesive Plate Exports

Exports from Oman

In 2022, plastic self-adhesive plate exports from Oman shrank slightly to X tons, waning by -2.7% compared with 2021 figures. In general, exports, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2016 when exports increased by 1,099% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, plastic self-adhesive plate exports rose sharply to $X in 2022. Overall, exports, however, enjoyed a pronounced increase. The growth pace was the most rapid in 2016 when exports increased by 590% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for plastic self-adhesive plate exports from Oman, with a 59% share of total exports. Moreover, plastic self-adhesive plate exports to Qatar exceeded the volume sent to the second major destination, Yemen (X tons), twofold. The third position in this ranking was taken by Somalia (X tons), with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+137.1% per year) and Somalia (-41.5% per year).

In value terms, Qatar ($X) emerged as the key foreign market for plastic self-adhesive plates, sheets and other flat shapes exports from Oman, comprising 71% of total exports. The second position in the ranking was held by Yemen ($X), with a 13% share of total exports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Qatar stood at +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+150.6% per year) and the United Arab Emirates (+17.1% per year).

Export Prices by Country

The average plastic self-adhesive plate export price stood at $X per ton in 2022, growing by 12% against the previous year. In general, the export price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of 30%. The export price peaked at $X per ton in 2020; however, from 2021 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 the United Arab Emirates ($X per ton), while the average price for exports to Somalia ($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 Pakistan (+71.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into Oman

After three years of decline, supplies from abroad of plastic self-adhesive plates, sheets and other flat shapes increased by 2.7% to X tons in 2022. Overall, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.8% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of 72%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic self-adhesive plate imports totaled $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 47% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of plastic self-adhesive plate to Oman, accounting for a 50% share of total imports. Moreover, plastic self-adhesive plate imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.6% per year) and Saudi Arabia (-4.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of plastic self-adhesive plates, sheets and other flat shapes to Oman, comprising 48% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-3.3% per year) and the Netherlands (+20.4% per year).

Import Prices by Country

In 2022, the average plastic self-adhesive plate import price amounted to $X per ton, dropping by -2.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2018 an increase of 25%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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