Non coniferous roundwood market in Oman

Earlier Report Observations

The market for non-coniferous roundwood in Oman demonstrated consistent growth between 2018 and 2023. Starting at 50 205 m³ in 2018, the market volume increased to 57 159 m³ by 2023, representing an overall expansion of approximately 14% over the six-year period.

Growth was not uniform across all years. In 2020, the market stabilized at 51 245 m³, showing only a marginal increase from the previous year. However, growth accelerated thereafter, with the largest annual rise occurring in 2023 when the market added over 2 700 m³ to reach its peak for the period. Underlying this trend was a steady increase in domestic production, which rose each year from 48 882 m³ in 2018 to 55 362 m³ in 2023.

Production non coniferous roundwood in Oman

In kind, 2017-2020, m³

Top producers of non coniferous roundwood, 2017-2020

World map of production of non coniferous roundwood, 2017-2020

Oman's non-coniferous roundwood production has increased for the third consecutive year. In 2020, the country produced 51,379 cubic meters of non-coniferous roundwood, marking a slight increase of 2.5% compared to the previous year. Over the period from 2017 to 2020, production grew by 7.8%, with a compound annual growth rate of 2.5%.

Annual dynamics of production in Oman in kind, 2017-2020, m³

Exports non coniferous roundwood from Oman

Exports in kind, m³

The data shows irregular changes, indicating a volatile market environment. Non-coniferous roundwood export volumes from Oman varied significantly, with the lowest point recorded in 2018 at 139 cubic meters and the highest in 2020 at 1,984 cubic meters, representing a 14.3-fold difference between these years. In 2020, exports surged by 448.1% compared to 2019. The largest decline occurred in 2018, with a drop of 82.5%.

Annual dynamics of product's exports from Oman in kind, 2017-2020, m³

From 2017 to 2020, the principal buyers of non-coniferous roundwood from Oman were Yemen, accounting for 69.9% of exports in kind, Qatar with 8.4%, and Somalia with 7.3%. Together, these three countries represented 85.5% of total exports in kind during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Oman in kind, 2017-2020

Exports in value, K $ US

The data reveals irregular changes, pointing to a volatile market environment. In terms of value, non-coniferous roundwood exports from Oman peaked in 2020 at 352 thousand US dollars, up 38.4% from the previous year, and hit their lowest level in 2018 at 16 thousand US dollars, resulting in a 23-fold difference between these years. The largest decline was recorded in 2018 at 84.7%, while the largest increase occurred in 2019, soaring by 1,526.6%.

Annual dynamics of product's exports from Oman in value, 2017-2020, K $ US

From 2017 to 2020, the leading destinations for non-coniferous roundwood exports from Oman in value terms were Yemen, which accounted for 42.0% of exports, the Netherlands with 17.6%, and Somalia with 14.9%. Collectively, these three countries made up 74.5% of total export flows in value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Oman in value, 2017-2020

Imports non coniferous roundwood to Oman

Imports in kind, m³

Oman's volume of non-coniferous roundwood imports has increased for the second consecutive year. In 2020, the country imported approximately 1,850 cubic meters, representing a 25.3% advance compared to the previous year. However, between 2017 and 2020, imports decreased by 20.6%, equating to an annualized decline of 7.4%. The lowest import volume was recorded in 2018 at 1,462 cubic meters, with the largest decline that year at 37.3%.

Annual dynamics of product's imports to Oman in kind, 2017-2020, m³

Throughout 2017 to 2020, the United Arab Emirates played the leading role in non-coniferous roundwood imports to Oman, accounting for 61.8% of imports in kind, followed by Malaysia with 11.5% and India with 5.6%. Together, these three countries accounted for 78.9% of total import flows in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Oman in kind, 2017-2020

Imports in value, K $ US

After a two-year decline, non-coniferous roundwood deliveries to Oman increased in 2020. Imports amounted to 1,086 thousand US dollars, up by 22.5% from the previous year. However, between 2017 and 2020, imports decreased by 5.7%, with an annualized rate of decline of 1.9%. The lowest value was recorded in 2019 at 887 thousand US dollars, and the largest decline occurred in 2018 at 20.5%.

Annual dynamics of product's imports to Oman in value, 2017-2020, K $ US

From 2017 to 2020, the leading sources for non-coniferous roundwood imports to Oman in value terms were the United Arab Emirates, accounting for 66.8% of imports, Malaysia with 11.2%, and India with 5.8%. Collectively, these three countries represented 83.9% of total import flows in value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Oman in value, 2017-2020