EXECUTIVE SUMMARY
This report is intended to provide an overall analysis of the timber market situation for Oman. This is in line with MTC Dubai’s budgeted market visit to achieve the following objectives:
- To maintain MTC rapport with the Oman timber companies, joinery factories and contractors
- To maintain MTC rapport with Malaysian Embassy and relevant authorities
- To observe the recent construction sector which directly linked to the demand of timber
- To monitor relevant competition towards Malaysian timber products
MTC Dubai’s visit to Oman was also in conjunction to a visit to a new exhibition event. Our office had the opportunity to attend the event to observe the current trends and pricing for selected timber products such as flooring and doors. The report was already disseminated to association members.
The report starts off with the overall view of Oman construction sector, and the government plans for property and tourism developments. This includes housing units, hotels and resorts as well.
The report also looked into the current trends which may affect the Malaysian timber market directly/indirectly. For example, currently, contractors are beginning to procure whitewood and beech wood directly from origin sawmills. Red Mirant and MLH are still procured through local importers due to ability for customer to select smaller bundles.
This report will also look at the declining Malaysian plywood share in Oman. Further into the report, it will touch on competitors pricing for future reference. It also suggests some actions that Malaysian plywood companies may take in order to regain the market share.
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