Oman: Aluminium Hydroxide Market 2025

Aluminium Hydroxide Market Size in Oman

The Omani aluminium hydroxide market fell slightly to $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, showed resilient growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Aluminium Hydroxide Production in Oman

In value terms, aluminium hydroxide production shrank to $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 141%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Aluminium Hydroxide Exports

Exports from Oman

In 2020, exports of aluminium hydroxide from Oman dropped dramatically to X kg, falling by -20.5% on 2019. Overall, exports saw a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by 5.4%. The exports peaked at X kg in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.

In value terms, aluminium hydroxide exports dropped remarkably to $X in 2020. Over the period under review, exports recorded a abrupt descent. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X kg) was the main destination for aluminium hydroxide exports from Oman, with a approx. 100% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to Qatar was relatively modest.

In value terms, Qatar ($X) emerged as the key foreign market for aluminium hydroxide exports from Oman.

From 2015 to 2020, the average annual growth rate of value to Qatar was relatively modest.

Export Prices by Country

In 2020, the average aluminium hydroxide export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 29%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2020, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2015 to 2020, the rate of growth in terms of prices for India amounted to -6.3% per year.

Aluminium Hydroxide Imports

Imports into Oman

After four years of decline, supplies from abroad of aluminium hydroxide increased by 9.9% to X tons in 2022. In general, imports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of 48% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium hydroxide imports rose to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 41% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), Turkey (X tons) and the United Arab Emirates (X tons) were the main suppliers of aluminium hydroxide imports to Oman, with a combined 61% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +19.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest aluminium hydroxide suppliers to Oman were Italy ($X), the United Arab Emirates ($X) and Turkey ($X), together accounting for 47% of total imports.

Italy, with a CAGR of +19.6%, recorded the highest rates of growth with regard to the value of imports, among 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 aluminium hydroxide import price stood at $X per ton in 2022, with a decrease of -6.8% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium hydroxide import price increased by +64.3% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of 46%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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