Oman - Candles And Tapers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCandles and Tapers Price in Oman - 2021
Contents:
- Candles and Tapers Price in Oman (CIF) - 2022
- Candles and Tapers Price in Oman (FOB) - 2022
- Candles and Tapers Imports in Oman
- Candles and Tapers Exports in Oman
Candles and Tapers Price in Oman (CIF) - 2022
In 2022, the average candles and tapers import price amounted to $5,163 per ton, dropping by -9.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $5,698 per ton in 2021, and then shrank in the following year.
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 the United Arab Emirates ($5,323 per ton), while the price for China stood at $1,614 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.1%).
Candles and Tapers Price in Oman (FOB) - 2022
The average candles and tapers export price stood at $10,611 per ton in 2022, growing by 3.9% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, candles and tapers export price increased by +41.8% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 56%. The export price peaked at $12,859 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +7.5% per year.
Candles and Tapers Imports in Oman
In 2022, after three years of growth, there was significant decline in purchases abroad of candles and tapers, when their volume decreased by -8.3% to 727 tons. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 42%.
In value terms, candles and tapers imports declined sharply to $3.8M in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, imports attained the peak of $4.5M, and then declined rapidly in the following year.
Import of Candles and Tapers in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 1.7 | 2.7 | 4.1 | 3.5 | 27.2% |
China | N/A | N/A | N/A | N/A | 0% |
Others | 0.4 | 0.3 | 0.4 | 0.2 | -20.6% |
Total | 2.2 | 3.0 | 4.5 | 3.8 | 20.0% |
Top Suppliers of Candles and Tapers to Oman in 2022:
- United Arab Emirates (654.9 tons)
- China (25.3 tons)
Candles and Tapers Exports in Oman
After three years of growth, overseas shipments of candles and tapers decreased by -11.3% to 225 tons in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of 254 tons, and then reduced in the following year.
In value terms, candles and tapers exports reduced to $2.4M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73%.
Export of Candles and Tapers in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 1.2 | 2.2 | 2.6 | 2.4 | 26.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.3 | 2.2 | 2.6 | 2.4 | 22.7% |
Top Export Markets for Candles and Tapers from Oman in 2022:
- Qatar (221.4 tons)
This report provides an in-depth analysis of the candles and tapers 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 32995400 - Candles, tapers and the like (including night lights fitted with a float) (excluding anti-asthmatic candles, wax matches or vestas, sulphur-treated bands, wicks and candles)
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the candles and tapers market in Oman.
This report provides an in-depth analysis of the global candles and tapers market.
This report provides an in-depth analysis of the candles and tapers market in Oman.
This report provides an in-depth analysis of the global candles and tapers market.
Explore the world's best import markets for candles and tapers with key statistics and data from the IndexBox market intelligence platform. Discover the top countries driving the import value of candles and tapers.
Explore the world's best import markets for candles and tapers with key statistics and data from the IndexBox market intelligence platform. Discover the top countries driving the import value of candles and tapers.