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Oman - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Resinoids Market 2022

Resinoids Market Size in Oman

The Omani resinoids market surged to $X in 2021, jumping by 74% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a deep slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Resinoids Exports

Exports from Oman

In 2021, resinoids exports from Oman fell notably to X tons, declining by -67% on the previous year. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 2,152%. Over the period under review, the exports reached the peak figure at X tons in 2020, and then declined remarkably in the following year.

In value terms, resinoids exports shrank sharply to $X in 2021. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 2,124%. Over the period under review, the exports attained the maximum at $X in 2020, and then shrank notably in the following year.

Exports by Country

The United States (X tons), Qatar (X tons) and Iran (X kg) were the main destinations of resinoids exports from Oman, together accounting for 89% of total exports.

From 2012 to 2021, the biggest increases were in Qatar (with a CAGR of +68.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for resinoids exports from Oman, comprising 82% of total exports. The second position in the ranking was taken by Qatar ($X), with a 9.9% share of total exports. It was followed by Kuwait, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +64.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+91.7% per year) and Kuwait (-10.0% per year).

Export Prices by Country

The average resinoids export price stood at $X per ton in 2021, jumping by 29% against the previous year. Overall, the export price, however, showed a mild decline. The pace of growth appeared the most rapid in 2019 an increase of 176%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Resinoids Imports

Imports into Oman

For the fourth year in a row, Oman recorded growth in overseas purchases of resinoids, which increased by 23% to X tons in 2021. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 398%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, resinoids imports surged to $X in 2021. In general, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when imports increased by 276% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and France (X tons) were the main suppliers of resinoids imports to Oman, together comprising 93% of total imports.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +53.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest resinoids suppliers to Oman were France ($X), the United Arab Emirates ($X) and India ($X), together accounting for 84% of total imports.

In terms of the main suppliers, France, with a CAGR of +33.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average resinoids import price stood at $X per ton in 2021, falling by -5.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 57%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for resinoids in the world?

The countries with the highest volumes of in 2021 were China, Spain and the United States, together comprising 46% of global consumption.

What are the largest producers of resinoids in the world?

The countries with the highest volumes of in 2021 were China, the United States and Spain, with a combined 53% share of global production.

What are the leading suppliers of resinoids to Oman?

In value terms, the United Arab Emirates constituted the largest supplier of resinoids to Oman, comprising 53% of total imports. The second position in the ranking was occupied by France, with an 8.8% share of total imports. It was followed by Saudi Arabia, with a 5.5% share.

What are the leading importers of resinoids from Oman?

In value terms, the largest markets for resinoids exported from Oman were the United States, Qatar and the United Arab Emirates, with a combined 95% share of total exports.

What is the average export price for resinoids in Oman?

The average resinoids export price stood at $16,612 per ton in 2021, almost unchanged from the previous year.

What is the average import price for resinoids in Oman?

The average resinoids import price stood at $5,720 per ton in 2021, which is down by -12% against the previous year.

This report provides an in-depth analysis of the resinoids 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 20531030 - Resinoids

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