Report Update Nov 1, 2024

Oman - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Oman: Polystyrene Market 2024

Polystyrene Market Size in Oman

In 2022, after four years of decline, there was growth in the Omani polystyrene market, when its value increased by 2.4% to $X. In general, consumption, however, saw a slight contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Polystyrene Exports

Exports from Oman

In 2022, after four years of growth, there was significant decline in overseas shipments of polystyrene, when their volume decreased by -24.1% to X tons. Over the period under review, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 234% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank dramatically in the following year.

In value terms, polystyrene exports fell notably to $X in 2022. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 196%. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell markedly in the following year.

Exports by Country

China (X tons) was the main destination for polystyrene exports from Oman, with a 89% share of total exports. It was followed by the United Arab Emirates (X tons), with a 1.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China totaled +75.3%.

In value terms, China ($X) remains the key foreign market for polystyrene exports from Oman, comprising 87% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +80.0%.

Export Prices by Country

The average polystyrene export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 75% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Polystyrene Imports

Imports into Oman

In 2022, supplies from abroad of polystyrene was finally on the rise to reach X tons after four years of decline. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 45% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, polystyrene imports declined to $X in 2022. Over the period under review, imports, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2013 with an increase of 51%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of polystyrene to Oman, with a 69% share of total imports. Moreover, polystyrene imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), fivefold. The third position in this ranking was taken by South Korea (X tons), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-3.0% per year) and South Korea (-4.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of polystyrene to Oman, comprising 74% of total imports. The second position in the ranking was held by Pakistan ($X), with an 11% share of total imports. It was followed by South Korea, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-10.4% per year) and South Korea (-8.7% per year).

Import Prices by Country

The average polystyrene import price stood at $X per ton in 2022, shrinking by -18.7% against the previous year. Over the period under review, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. The import price peaked 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 India ($X per ton), while the price for Turkey ($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 (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polystyrene in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together accounting for 38% of global consumption.

What are the largest producers of polystyrene in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, with a combined 35% share of global production.

What are the leading suppliers of polystyrene to Oman?

In value terms, the largest polystyrene suppliers to Oman were Saudi Arabia, the United Arab Emirates and Pakistan, with a combined 74% share of total imports. South Korea, Singapore, Taiwan Chinese) and China lagged somewhat behind, together comprising a further 16%.

What are the leading importers of polystyrene from Oman?

In value terms, the largest markets for polystyrene exported from Oman were Egypt, the United Arab Emirates and Qatar, together comprising 80% of total exports.

What is the average export price for polystyrene in Oman?

The average polystyrene export price stood at $1,743 per ton in 2021, growing by 1.9% against the previous year.

What is the average import price for polystyrene in Oman?

In 2021, the average polystyrene import price amounted to $1,245 per ton, growing by 8.9% against the previous year.

This report provides an in-depth analysis of the polystyrene market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20162035 - Expansible polystyrene, in primary forms
Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023