Oman: Bottled Water Market 2024

Bottled Water Market Size in Oman

The Omani bottled water market expanded modestly to $X in 2022, with an increase of 3.2% against the previous year. The market value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Bottled Water Production in Oman

In value terms, bottled water production amounted to $X in 2022 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.1% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 25%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Bottled Water Exports

Exports from Oman

In 2022, the amount of bottled waters exported from Oman surged to X tons, rising by 62% compared with the year before. Overall, exports posted a moderate increase. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, bottled water exports soared to $X in 2022. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 79%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for bottled water exports from Oman, accounting for a 73% share of total exports. Moreover, bottled water exports to the United Arab Emirates exceeded the volume sent to the second major destination, Yemen (X tons), more than tenfold. The third position in this ranking was taken by Kuwait (X tons), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+71.3% per year) and Kuwait (+36.2% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for bottled waters exports from Oman, comprising 46% of total exports. The second position in the ranking was taken by Yemen ($X), with a 21% share of total exports. It was followed by Kuwait, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+70.6% per year) and Kuwait (+45.1% per year).

Export Prices by Country

The average bottled water export price stood at $X per ton in 2022, waning by -20.6% against the previous year. Overall, the export price, however, saw tangible growth. The growth pace was the most rapid in 2013 when the average export price increased by 108% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($X per ton), while the average price for exports to the United Arab Emirates ($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 Kuwait (+6.5%), while the prices for the other major destinations experienced a decline.

Bottled Water Imports

Imports into Oman

In 2022, purchases abroad of bottled waters was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports saw a modest increase. The pace of growth appeared the most rapid in 2016 when imports increased by 41%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, bottled water imports soared to $X in 2022. Overall, imports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2014 with an increase of 24% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main supplier of bottled water to Oman, with a 93% share of total imports. Moreover, bottled water imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Iran (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to +1.3%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of bottled waters to Oman, comprising 92% of total imports. The second position in the ranking was held by Iran ($X), with a 2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at -3.0%.

Import Prices by Country

In 2022, the average bottled water import price amounted to $X per ton, surging by 1.6% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Iran totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.2%).

Source: IndexBox Platform

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