Oman: Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers 2025

Market Size for Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Oman

The Omani market for aluminium casks, drums, cans, boxes and similar containers contracted to $X in 2022, with a decrease of -2.5% against the previous year. Overall, consumption, however, recorded resilient growth. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Oman

In value terms, production of aluminium casks, drums, cans, boxes and similar containers contracted to $X in 2022 estimated in export price. Over the period under review, production, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 979%. Over the period under review, production of reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Exports from Oman

In 2022, the amount of aluminium casks, drums, cans, boxes and similar containers exported from Oman shrank to X units, declining by -8.7% compared with 2021 figures. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when exports increased by 26% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers contracted to $X in 2022. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Yemen (X units) was the main destination for exports of aluminium casks, drums, cans, boxes and similar containers from Oman, with a 69% share of total exports. Moreover, exports of aluminium casks, drums, cans, boxes and similar containers to Yemen exceeded the volume sent to the second major destination, Somalia (X units), fivefold. The United Arab Emirates (X units) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume to Yemen amounted to +33.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-10.8% per year) and the United Arab Emirates (-33.5% per year).

In value terms, Yemen ($X) remains the key foreign market for aluminium casks, drums, cans, boxes and similar containers exports from Oman, comprising 33% of total exports. The second position in the ranking was held by Somalia ($X), with an 8.3% share of total exports. It was followed by Qatar, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Yemen totaled +49.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-17.1% per year) and Qatar (+13.2% per year).

Export Prices by Country

The average export price for aluminium casks, drums, cans, boxes and similar containers stood at $X per thousand units in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2014 an increase of 8.8% against the previous year. As a result, the export price reached the peak level of $X per thousand units. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per thousand units), while the average price for exports to Yemen ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Imports into Oman

In 2022, supplies from abroad of aluminium casks, drums, cans, boxes and similar containers decreased by -1.8% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a mild decline. The most prominent rate of growth was recorded in 2017 when imports increased by 611%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers reduced to $X in 2022. Overall, imports recorded a slight descent. The pace of growth appeared the most rapid in 2017 when imports increased by 498%. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) was the main aluminium cask, drum, can, box and similar container supplier to Oman, accounting for a 94% share of total imports. It was followed by Saudi Arabia (X units), with a 2.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at -1.0%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of aluminium casks, drums, cans, boxes and similar containers to Oman, comprising 93% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates was relatively modest.

Import Prices by Country

In 2022, the average import price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 26%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Saudi Arabia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.1%).

Source: IndexBox Platform