Oman: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Oman

The Omani ceramic household article market dropped to $X in 2021, which is down by -12.6% 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 saw a mild slump. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Ceramic Household Article Exports

Exports from Oman

After two years of decline, overseas shipments of ceramic household articles and toilet articles increased by 43% to X tons in 2021. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 355% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, ceramic household article exports surged to $X in 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 301%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Yemen (X tons), the United Arab Emirates (X tons) and Iran (X tons) were the main destinations of ceramic household article exports from Oman, with a combined 76% share of total exports. These countries were followed by Italy, Saudi Arabia, Somalia, Venezuela, Ethiopia and Indonesia, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Venezuela (with a CAGR of +71.9%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for ceramic household articles and toilet articles exports from Oman, comprising 38% of total exports. The second position in the ranking was held by Yemen ($X), with an 18% share of total exports. It was followed by Iran, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+27.6% per year) and Iran (+49.9% per year).

Export Prices by Country

In 2021, the average ceramic household article export price amounted to $X per ton, with a decrease of -4.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Yemen ($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 Somalia (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Household Article Imports

Imports into Oman

For the fifth consecutive year, Oman recorded decline in purchases abroad of ceramic household articles and toilet articles, which decreased by -4.8% to X tons in 2021. Over the period under review, imports, however, recorded a mild increase. The pace of growth was the most pronounced in 2016 when imports increased by 85% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, ceramic household article imports dropped to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 42% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and India (X tons) were the main suppliers of ceramic household article imports to Oman, together comprising 90% of total imports. These countries were followed by Saudi Arabia and Turkey, which together accounted for a further 3.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +17.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic household article suppliers to Oman were the United Arab Emirates ($X), China ($X) and Saudi Arabia ($X), with a combined 85% share of total imports.

Saudi Arabia, with a CAGR of +24.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ceramic household article import price amounted to $X per ton, shrinking by -1.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 17% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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