Oman: Bedspread Market 2024

Bedspread Market Size in Oman

In 2022, the Omani bedspread market increased by X% to $X, rising for the seventh consecutive year after two years of decline. Overall, consumption showed significant growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Bedspread Production in Oman

In value terms, bedspread production amounted to $X in 2022 estimated in export price. In general, production saw a significant increase. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

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Bedspread Exports

Exports from Oman

In 2022, overseas shipments of bedspreads (excluding eiderdowns) decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, bedspread exports fell significantly to $X in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for bedspread exports from Oman, accounting for a X% share of total exports. Moreover, bedspread exports to the United Arab Emirates exceeded the volume sent to the second major destination, Yemen (X units), more than tenfold. Kuwait (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and Kuwait (X% per year).

In value terms, Yemen ($X), the United Arab Emirates ($X) and Kuwait ($X) were the largest markets for bedspread exported from Oman worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Yemen, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bedspread export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bedspread Imports

Imports into Oman

In 2022, the amount of bedspreads (excluding eiderdowns) imported into Oman rose rapidly to X units, growing by X% on 2021 figures. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, bedspread imports totaled $X in 2022. In general, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The United Arab Emirates (X units), China (X units) and Pakistan (X units) were the main suppliers of bedspread imports to Oman, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and India ($X) constituted the largest bedspread suppliers to Oman, together comprising X% of total imports.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 bedspread import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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