Oman: Aluminium Foil Market 2025

Aluminium Foil Market Size in Oman

The Omani aluminium foil market expanded remarkably to $X in 2022, picking up by 5.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.0% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Aluminium Foil Exports

Exports from Oman

In 2022, shipments abroad of aluminium foil decreased by -30.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium foil exports shrank sharply to $X in 2022. In general, exports saw a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 105%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for aluminium foil exports from Oman, accounting for a 86% share of total exports. It was followed by the Czech Republic (X tons), with a 2.3% share of total exports. The third position in this ranking was taken by Mexico (X tons), with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+63,807.1% per year) and Mexico (+52.7% per year).

In value terms, the United States ($X) remains the key foreign market for aluminium foil exports from Oman, comprising 88% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 2.3% share of total exports. It was followed by Mexico, with a 1.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+85,709.8% per year) and Mexico (+27.9% per year).

Export Prices by Country

The average aluminium foil export price stood at $X per ton in 2022, with an increase of 21% against the previous year. Over the period under review, the export price, however, continues to indicate a mild descent. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+34.2%), while the prices for the other major destinations experienced a decline.

Aluminium Foil Imports

Imports into Oman

Aluminium foil imports into Oman dropped significantly to X tons in 2022, waning by -15.3% on 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, aluminium foil imports expanded notably to $X in 2022. In general, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and India (X tons) were the main suppliers of aluminium foil imports to Oman, with a combined 80% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +8.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United Arab Emirates ($X) and India ($X) appeared to be the largest aluminium foil suppliers to Oman, with a combined 75% share of total imports. Italy and Germany lagged somewhat behind, together comprising a further 9.7%.

Germany, with a CAGR of +13.0%, recorded the highest growth rate of 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

In 2022, the average aluminium foil import price amounted to $X per ton, increasing by 24% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium foil import price increased by +71.8% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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