Report Update Nov 1, 2024

Oman - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Woolen Yarn Market 2024

Woolen Yarn Market Size in Oman

The Omani woolen yarn market was finally on the rise to reach $X in 2021, after eight years of decline. Overall, consumption, however, faced a abrupt setback. Woolen yarn consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Woolen Yarn Production in Oman

In value terms, woolen yarn production expanded significantly to $X in 2021 estimated in export price. In general, production, however, saw a abrupt slump. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Woolen Yarn Exports

Exports from Oman

In 2021, shipments abroad of yarn of wool increased by 18% to X tons, rising for the second year in a row after three years of decline. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 231%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, woolen yarn exports surged to $X in 2021. Over the period under review, exports recorded a resilient increase. The growth pace was the most rapid in 2013 with an increase of 77%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for woolen yarn exports from Oman, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +25.0%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for yarn of wool exports from Oman.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to +10.0%.

Export Prices by Country

The average woolen yarn export price stood at $X per ton in 2021, rising by 32% against the previous year. In general, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 82% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to -12.0% per year.

Woolen Yarn Imports

Imports into Oman

Woolen yarn imports into Oman declined markedly to X tons in 2021, shrinking by -44% against 2020. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 229%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, woolen yarn imports fell remarkably to $X in 2021. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2015 with an increase of 421%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of woolen yarn to Oman, accounting for a 72% share of total imports. Moreover, woolen yarn imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Sri Lanka (X kg), eightfold. The third position in this ranking was taken by Thailand (X kg), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (0.0% per year) and Thailand (-23.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of yarn of wool to Oman, comprising 58% of total imports. The second position in the ranking was held by Thailand ($X), with a 13% share of total imports. It was followed by Sri Lanka, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-22.8% per year) and Sri Lanka (0.0% per year).

Import Prices by Country

In 2021, the average woolen yarn import price amounted to $X per ton, dropping by -31.8% against the previous year. In general, the import price showed a mild decline. The most prominent rate of growth was recorded in 2015 an increase of 221%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+33.5%), 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 yarn of wool in the world?

The countries with the highest volumes of woolen yarn consumption in 2020 were China, India and Italy, with a combined 42% share of global consumption.

What are the largest producers of yarn of wool in the world?

The country with the largest volume of woolen yarn production was China, accounting for 26% of total volume. Moreover, woolen yarn production in China exceeded the figures recorded by the second-largest producer, India, twofold. Italy ranked third in terms of total production with an 8.9% share.

What are the leading suppliers of yarn of wool to Oman?

In value terms, the largest woolen yarn suppliers to Oman were China, the United Arab Emirates and Thailand, with a combined 86% share of total imports. These countries were followed by India, Turkey and Pakistan, which together accounted for a further 11%.

What are the leading importers of yarn of wool from Oman?

In value terms, the United Arab Emirates remains the key foreign market for woolen yarn exports from Oman.

What is the average export price for yarn of wool in Oman?

In 2020, the average woolen yarn export price amounted to $10,010 per ton, increasing by 50% against the previous year.

What is the average import price for yarn of wool in Oman?

The average woolen yarn import price stood at $17,368 per ton in 2020, with a decrease of -47.6% against the previous year.

This report provides an in-depth analysis of the woolen yarn 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 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

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