Oman: Bumper Market 2025

Bumper Market Size in Oman

The Omani bumper market fell to $X in 2022, dropping by -7.3% 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). In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Bumper Exports

Exports from Oman

In 2022, shipments abroad of bumpers decreased by -5.2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 310%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, bumper exports contracted to $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 475% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for bumper exports from Oman, accounting for a 69% share of total exports. Moreover, bumper exports to Australia exceeded the volume sent to the second major destination, New Zealand (X tons), fivefold. The third position in this ranking was taken by Bulgaria (X tons), with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume to Australia stood at +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+49.3% per year) and Bulgaria (+104.6% per year).

In value terms, Australia ($X) remains the key foreign market for bumpers exports from Oman, comprising 68% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 13% share of total exports. It was followed by Bulgaria, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+47.7% per year) and Bulgaria (+127.7% per year).

Export Prices by Country

The average bumper export price stood at $X per ton in 2022, reducing by -2% against the previous year. In general, the export price, however, enjoyed a notable expansion. The most prominent rate of growth was recorded in 2019 an increase of 186% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bulgaria ($X per ton) and New Zealand ($X per ton), while the average price for exports to Turkey ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.

Bumper Imports

Imports into Oman

In 2022, imports of bumpers into Oman fell modestly to X tons, with a decrease of -2.3% on the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 68% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bumper imports declined to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Japan (X tons) constituted the largest bumper supplier to Oman, with a 69% share of total imports. Moreover, bumper imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.2% per year) and China (+27.7% per year).

In value terms, Japan ($X) constituted the largest supplier of bumpers to Oman, comprising 74% of total imports. The second position in the ranking was taken by the United States ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.0% per year) and China (+23.8% per year).

Import Prices by Country

The average bumper import price stood at $X per ton in 2022, declining by -9.2% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bumper import price increased by +16.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 62%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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