Prepared Sheep Leather Price in Oman - 2022

Contents:

1. Prepared Sheep Leather Price in Oman (FOB) - 2022
2. Prepared Sheep Leather Price in Oman (CIF) - 2022
3. Prepared Sheep Leather Exports in Oman
4. Prepared Sheep Leather Imports in Oman

Prepared Sheep Leather Price in Oman (FOB) - 2022

In 2022, the average prepared sheep leather export price amounted to $23 per square meter, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2014 an increase of 16% against the previous year. The export price peaked at $24 per square meter in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +1.3% per year.

Prepared Sheep Leather Price in Oman (CIF) - 2022

In 2022, the average prepared sheep leather import price amounted to $11 per square meter, dropping by -7.5% against the previous year. Overall, the import price, however, saw a modest increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 121% against the previous year. The import price peaked at $16 per square meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($23 per square meter), while the price for the United Arab Emirates amounted to $4.6 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.2%), while the prices for the other major suppliers experienced a decline.

Prepared Sheep Leather Exports in Oman

Prepared sheep leather exports from Oman contracted notably to 82 square meters in 2022, waning by -95.9% against the year before. Overall, exports saw a significant curtailment. The smallest decline of -5.6% was in 2020. The exports peaked at 2.2K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, prepared sheep leather exports reduced sharply to $1.9K in 2022. In general, exports saw a precipitous decrease. The smallest decline of -4.5% was in 2020. The exports peaked at $45K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Prepared Sheep Leather from Oman in 2022:

1. United Arab Emirates (82.0 square meters)

Prepared Sheep Leather Imports in Oman

In 2022, prepared sheep leather imports into Oman expanded remarkably to 6.2K square meters, surging by 11% against the year before. Overall, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 57%. As a result, imports reached the peak of 13K square meters. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, prepared sheep leather imports totaled $68K in 2022. The total import value increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 45%. As a result, imports attained the peak of $70K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Prepared Sheep Leather to Oman in 2022:

1. United Arab Emirates (4.1K square meters)
2. India (2.2K square meters)

Source: IndexBox Market Intelligence Platform