Oman: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Oman

The Omani market for building blocks and bricks of cement, concrete or artificial stone dropped to $X in 2021, which is down by -11.7% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Oman

In value terms, production of building blocks and bricks of cement, concrete or artificial stone contracted rapidly to $X in 2021 estimated in export price. Overall, production saw a slight descent. The growth pace was the most rapid in 2014 with an increase of 64%. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth failed to regain momentum.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Oman

In 2021, approx. X tons of building blocks and bricks of cement, concrete or artificial stone were exported from Oman; rising by 186% against 2020 figures. Over the period under review, exports, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of 768%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2021. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 599% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Oman, accounting for a 74% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to the United Arab Emirates exceeded the volume sent to the second major destination, New Zealand (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled -13.2%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Oman, comprising 84% of total exports. The second position in the ranking was held by New Zealand ($X), with an 8.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to -11.2%.

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, jumping by 22% against the previous year. Overall, the export price, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2016 an increase of 28% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Oman

In 2021, imports of building blocks and bricks of cement, concrete or artificial stone into Oman surged to X tons, with an increase of 55% compared with 2020. In general, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 199%. Over the period under review, imports of reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2021. Overall, imports showed a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 126%. Over the period under review, imports of reached the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main supplier of building blocks and bricks of cement, concrete or artificial stone to Oman, with a 96% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +14.0%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Oman, comprising 96% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 1.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +5.1%.

Import Prices by Country

In 2021, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, declining by -17% against the previous year. Over the period under review, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 34% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for Saudi Arabia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-2.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :