Report Update Nov 1, 2024

Oman - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Oman: Artificial Corundum Market 2024

Artificial Corundum Market Size in Oman

After three years of decline, the Omani artificial corundum market decreased by 0% to less than $X in 2021. Over the period under review, consumption enjoyed resilient growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Artificial Corundum Production in Oman

In value terms, artificial corundum production totaled less than $X in 2021 estimated in export price. Overall, production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 28% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Artificial Corundum Exports

Exports from Oman

In 2018, approx. X tons of artificial corundum were exported from Oman; jumping by 73% on the previous year. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2016 with an increase of 101% against the previous year. The exports peaked in 2018 and are expected to retain growth in the near future.

In value terms, artificial corundum exports skyrocketed to $X in 2018. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt (X tons) was the main destination for artificial corundum exports from Oman, with a 77% share of total exports. Moreover, artificial corundum exports to Egypt exceeded the volume sent to the second major destination, Iran (X tons), threefold.

From 2013 to 2018, the average annual growth rate of volume to Egypt totaled +75.4%.

In value terms, Egypt ($X) emerged as the key foreign market for artificial corundum exports from Oman, comprising 74% of total exports. The second position in the ranking was taken by Iran ($X), with a 26% share of total exports.

From 2013 to 2018, the average annual growth rate of value to Egypt totaled +40.6%.

Export Prices by Country

In 2018, the average artificial corundum export price amounted to $X per ton, increasing by 12% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The export price peaked at $X per ton in 2015; however, from 2016 to 2018, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2018, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Egypt stood at $X per ton.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-9.6%).

Artificial Corundum Imports

Imports into Oman

In 2021, the amount of artificial corundum imported into Oman fell dramatically to X tons, waning by -99.4% against the previous year's figure. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by 4,372%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, artificial corundum imports declined dramatically to $X in 2021. Overall, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2016 when imports increased by 2,246%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) was the main supplier of artificial corundum to Oman, with a approx. 98% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil stood at -16.5%.

In value terms, Brazil ($X) constituted the largest supplier of artificial corundum to Oman.

From 2012 to 2021, the average annual growth rate of value from Brazil stood at -26.4%.

Import Prices by Country

In 2021, the average artificial corundum import price amounted to $X per ton, growing by 59% against the previous year. In general, the import price, however, recorded a abrupt contraction. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to -0.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial corundum in the world?

China remains the largest artificial corundum consuming country worldwide, comprising approx. 25% of total volume. Moreover, artificial corundum consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Brazil, with a 5.7% share.

What are the largest producers of artificial corundum in the world?

China constituted the country with the largest volume of artificial corundum production, accounting for 43% of total volume. Moreover, artificial corundum production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Brazil, with a 6% share.

What are the leading suppliers of artificial corundum to Oman?

In value terms, Brazil constituted the largest supplier of artificial corundum to Oman.

What are the leading importers of artificial corundum from Oman?

In value terms, Egypt remains the key foreign market for artificial corundum exports from Oman, comprising 74% of total exports. The second position in the ranking was occupied by Iran, with a 26% share of total exports.

What is the average export price for artificial corundum in Oman?

In 2018, the average artificial corundum export price amounted to $1,976 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for artificial corundum in Oman?

The average artificial corundum import price stood at $917 per ton in 2021, which is down by -30.9% against the previous year.

This report provides an in-depth analysis of the artificial corundum market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23991500 - Artificial corundum (excluding mechanical mixtures)

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023