Oman: Bridge Market 2025

Bridge Market Size in Oman

The Omani bridge market shrank remarkably to $X in 2021, waning by -22.5% 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, consumption recorded a mild downturn. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Bridge Exports

Exports from Oman

In 2021, the amount of bridges, bridge sections, towers and lattice masts (of iron or steel) exported from Oman declined significantly to X tons, with a decrease of -44.1% compared with 2020. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 195%. The exports peaked at X tons in 2020, and then shrank sharply in the following year.

In value terms, bridge exports contracted to $X in 2021. Overall, exports recorded a mild contraction. The pace of growth appeared the most rapid in 2015 with an increase of 153%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Somalia (X tons) and Kuwait (X tons) were the main destinations of bridge exports from Oman, with a combined 72% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +169.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Somalia ($X) emerged as the key foreign market for bridges, bridge sections, towers and lattice masts (of iron or steel) exports from Oman, comprising 42% of total exports. The second position in the ranking was taken by Kuwait ($X), with an 18% share of total exports. It was followed by the United Arab Emirates, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Somalia amounted to +22.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+173.5% per year) and the United Arab Emirates (-19.4% per year).

Export Prices by Country

The average bridge export price stood at $X per ton in 2021, surging by 63% against the previous year. Overall, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices reached the peak figure 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 Somalia ($X per ton), while the average price for exports to Yemen ($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 Kuwait (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Bridge Imports

Imports into Oman

In 2021, approx. X tons of bridges, bridge sections, towers and lattice masts (of iron or steel) were imported into Oman; which is down by -13.4% compared with 2020. Over the period under review, imports saw a slight setback. The growth pace was the most rapid in 2017 with an increase of 207%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bridge imports dropped significantly to $X in 2021. In general, imports recorded a mild setback. The growth pace was the most rapid in 2017 with an increase of 211% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest bridge supplier to Oman, accounting for a 45% share of total imports. Moreover, bridge imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Bahrain (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-7.1% per year) and Bahrain (+32.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of bridges, bridge sections, towers and lattice masts (of iron or steel) to Oman, comprising 36% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 17% share of total imports. It was followed by Bahrain, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-10.1% per year) and Bahrain (+46.5% per year).

Import Prices by Country

The average bridge import price stood at $X per ton in 2021, with a decrease of -15.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 16%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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