Report Update Nov 1, 2024

Oman - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Woolen Fabric Market 2024

Woolen Fabric Market Size in Oman

In 2021, after two years of decline, there was significant growth in the Omani woolen fabric market, when its value increased by 15% to $X. In general, consumption recorded a prominent expansion. Woolen fabric consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Woolen Fabric Production in Oman

In value terms, woolen fabric production soared to $X in 2021 estimated in export price. Overall, production showed a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 113%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Woolen Fabric Exports

Exports from Oman

In 2021, shipments abroad of woven woolen fabrics increased by 70% to X square meters, rising for the second year in a row after two years of decline. In general, exports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 173%. The exports peaked at X square meters in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, woolen fabric exports soared to $X in 2021. Over the period under review, exports, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2013 with an increase of 170%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Iran (X square meters) was the main destination for woolen fabric exports from Oman, accounting for a 99% share of total exports. It was followed by the United Arab Emirates (X square meters), with a 1.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Iran amounted to -15.0%.

In value terms, Iran ($X) remains the key foreign market for woven woolen fabrics exports from Oman, comprising 93% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Iran amounted to -19.0%.

Export Prices by Country

In 2021, the average woolen fabric export price amounted to $X per square meter, dropping by -24.9% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2019 when the average export price increased by 165%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2021, 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 square meter), while the average price for exports to Iran amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Fabric Imports

Imports into Oman

In 2021, woolen fabric imports into Oman declined rapidly to X square meters, with a decrease of -33.4% compared with the previous year's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 778%. Imports peaked at X square meters in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, woolen fabric imports shrank remarkably to $X in 2021. Overall, imports, however, enjoyed perceptible growth. The growth pace was the most rapid in 2020 when imports increased by 1,632%. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

South Korea (X square meters), China (X square meters) and the UK (X square meters) were the main suppliers of woolen fabric imports to Oman, with a combined 81% share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +25.1%), while purchases for the other leaders experienced a decline.

In value terms, the largest woolen fabric suppliers to Oman were the UK ($X), India ($X) and South Korea ($X), with a combined 66% share of total imports.

Among the main suppliers, South Korea, with a CAGR of +15.4%, recorded 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

The average woolen fabric import price stood at $X per square meter in 2021, declining by -30% against the previous year. In general, the import price, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 97%. As a result, import price attained the peak level of $X per square meter, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per square meter), while the price for China ($X per square meter) 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 (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven woolen fabrics in the world?

The countries with the highest volumes of woolen fabric consumption in 2020 were China, Italy and the UK, with a combined 53% share of global consumption.

What are the largest producers of woven woolen fabrics in the world?

The countries with the highest volumes of woolen fabric production in 2020 were China, Italy and the UK, together comprising 59% of global production.

What are the leading suppliers of woven woolen fabrics to Oman?

In value terms, the UK, India and the United Arab Emirates constituted the largest woolen fabric suppliers to Oman, together comprising 65% of total imports. These countries were followed by South Korea, Indonesia, China and Ireland, which together accounted for a further 13%.

What are the leading importers of woven woolen fabrics from Oman?

In value terms, Jordan emerged as the key foreign market for woolen fabric exports from Oman, comprising 93% of total exports. The second position in the ranking was occupied by Iran $603), with a 2.4% share of total exports.

What is the average export price for woven woolen fabrics in Oman?

In 2020, the average woolen fabric export price amounted to $32 per square meter, picking up by 111% against the previous year.

What is the average import price for woven woolen fabrics in Oman?

The average woolen fabric import price stood at $44 per square meter in 2020, surging by 17% against the previous year.

This report provides an in-depth analysis of the woolen fabric 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair

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:

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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