Oman: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Oman

The Omani market for ceramic wares for laboratory or technical uses surged to $X in 2022, jumping by 91% 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 continues to indicate a significant expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from Oman

In 2022, shipments abroad of ceramic wares for laboratory or technical uses was finally on the rise to reach X tons after two years of decline. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 212% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of ceramic wares for laboratory or technical uses surged to $X in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2017 when exports increased by 113%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

India (X tons) was the main destination for exports of ceramic wares for laboratory or technical uses from Oman, accounting for a 58% share of total exports. Moreover, exports of ceramic wares for laboratory or technical uses to India exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. The third position in this ranking was taken by Pakistan (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India stood at +47.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+80.2% per year) and Pakistan (+13.7% per year).

In value terms, India ($X) remains the key foreign market for ceramic wares for laboratory or technical uses exports from Oman, comprising 57% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Pakistan, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to India amounted to +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+43.9% per year) and Pakistan (+17.0% per year).

Export Prices by Country

The average export price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, shrinking by -20% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 67% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, 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 Pakistan (+2.9%), while the prices for the other major destinations experienced a decline.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into Oman

In 2022, approx. X tons of ceramic wares for laboratory or technical uses were imported into Oman; growing by 53% on the year before. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 231%. Over the period under review, imports of reached the peak figure at X tons in 2019; afterwards, it flattened through to 2022.

In value terms, imports of ceramic wares for laboratory or technical uses skyrocketed to $X in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of 545% against the previous year. Over the period under review, imports of attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Bahrain (X tons), China (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of ceramic wares for laboratory or technical uses to Oman, with a combined 45% share of total imports. France, Italy, the United States and India lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +92.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of ceramic wares for laboratory or technical uses to Oman, comprising 32% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 13% share of total imports. It was followed by France, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +64.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+40.0% per year) and France (+21.1% per year).

Import Prices by Country

The average import price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, surging by 63% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 95% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average 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 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 (+8.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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