Oman: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2024

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Oman

The Omani market for particle board and similar board of ligneous materials (excluding wood) amounted to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, continues to indicate a pronounced shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Oman

In value terms, production of particle board and similar board of ligneous materials (excluding wood) rose sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a deep contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports from Oman

In 2022, approx. X cubic meters of particle board and similar board of ligneous materials (excluding wood) were exported from Oman; dropping by X% against the previous year. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X cubic meters. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) rose rapidly to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Yemen (X cubic meters) was the main destination for exports of particle board and similar board of ligneous materials (excluding wood) from Oman, with a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Yemen totaled X%.

In value terms, Yemen ($X) emerged as the key foreign market for particle board and similar board of ligneous materials (excluding wood) exports from Oman.

From 2013 to 2022, the average annual rate of growth in terms of value to Yemen stood at X%.

Export Prices by Country

The average export price for particle board and similar board of ligneous materials (excluding wood) stood at $X per cubic meter in 2022, growing by X% against the previous year. In general, the export price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per cubic meter. From 2017 to 2022, the average export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Yemen amounted to X% per year.

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports into Oman

In 2022, imports of particle board and similar board of ligneous materials (excluding wood) into Oman soared to X cubic meters, growing by X% on 2021. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

China (X cubic meters), France (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of imports of particle board and similar board of ligneous materials (excluding wood) to Oman, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest board of bagasse, bamboo or other particles suppliers to Oman were China ($X), Germany ($X) and Indonesia ($X), together accounting for X% of total imports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for particle board and similar board of ligneous materials (excluding wood) stood at $X per cubic meter in 2022, picking up by X% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for particle board and similar board of ligneous materials (excluding wood) increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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 Malaysia ($X per cubic meter), while the price for Spain ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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