Oman: Stainless Steel Angle Market 2025

Stainless Steel Angle Market Size in Oman

In 2021, the Omani stainless steel angle market decreased by -27.5% to $X, falling for the second year in a row after three years of growth. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -38.7% against 2019 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Stainless Steel Angle Production in Oman

In value terms, stainless steel angle production stood at $X in 2021 estimated in export price. Overall, production posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 171% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Stainless Steel Angle Exports

Exports from Oman

In 2021, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel decreased by -86.8% to X tons for the first time since 2011, thus ending a nine-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 668% against the previous year. The exports peaked at X tons in 2020, and then dropped markedly in the following year.

In value terms, stainless steel angle exports reduced remarkably to $X in 2021. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2013 when exports increased by 254%. The exports peaked at $X in 2020, and then fell markedly in the following year.

Exports by Country

Qatar (X tons) was the main destination for stainless steel angle exports from Oman, accounting for a 49% share of total exports. Moreover, stainless steel angle exports to Qatar exceeded the volume sent to the second major destination, Bahrain (X tons), fivefold. The third position in this ranking was taken by Yemen (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Qatar stood at +101.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+88.6% per year) and Yemen (+7.8% per year).

In value terms, Qatar ($X) emerged as the key foreign market for angles, shapes and sections of stainless steel or other alloy steel exports from Oman, comprising 42% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 14% share of total exports. It was followed by Bahrain, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar stood at +105.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+3.7% per year) and Bahrain (+75.5% per year).

Export Prices by Country

The average stainless steel angle export price stood at $X per ton in 2021, surging by 51% against the previous year. In general, the export price, however, saw a pronounced setback. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Free Zones ($X per ton), while the average price for exports to Somalia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+61.4%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports into Oman

In 2021, approx. X tons of angles, shapes and sections of stainless steel or other alloy steel were imported into Oman; shrinking by -63.3% against 2020. Overall, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2020 when imports increased by 242%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, stainless steel angle imports dropped markedly to $X in 2021. Over the period under review, imports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 93%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the main suppliers of stainless steel angle imports to Oman, together comprising 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +32.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and Turkey ($X) were the largest stainless steel angle suppliers to Oman, together comprising 77% of total imports.

Turkey, with a CAGR of +36.8%, recorded the highest growth rate of 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 stainless steel angle import price stood at $X per ton in 2021, picking up by 12% against the previous year. Overall, the import price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2018 an increase of 53%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+20.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :