Oman: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Oman

In 2022, after four years of growth, there was decline in the Omani market for clays for construction and industrial use, when its value decreased by -3.5% to $X. Overall, consumption, however, posted a resilient expansion. Over the period under review, the market reached the peak level at $X in 2021, and then fell modestly in the following year.

Production of Clays For Construction and Industrial Use in Oman

In value terms, production of clays for construction and industrial use rose remarkably to $X in 2022 estimated in export price. Overall, production posted strong growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 73%. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Clays For Construction and Industrial Use

Exports from Oman

In 2022, overseas shipments of clays for construction and industrial use decreased by -0.8% to X tons, falling for the fourth consecutive year after five years of growth. Overall, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of 381%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of clays for construction and industrial use expanded markedly to $X in 2022. In general, exports saw a deep reduction. The pace of growth was the most pronounced in 2014 when exports increased by 785%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Qatar (X tons) was the main destination for exports of clays for construction and industrial use from Oman, accounting for a 91% share of total exports. Moreover, exports of clays for construction and industrial use to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar totaled -16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-14.8% per year) and Italy (-15.6% per year).

In value terms, Qatar ($X) remains the key foreign market for clays for construction and industrial use exports from Oman, comprising 87% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 6.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Qatar amounted to -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-16.5% per year) and Italy (-7.3% per year).

Export Prices by Country

The average export price for clays for construction and industrial use stood at $X per ton in 2022, growing by 9.7% against the previous year. Overall, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 95%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Italy ($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 Qatar (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clays For Construction and Industrial Use

Imports into Oman

Imports of clays for construction and industrial use into Oman shrank sharply to X tons in 2022, falling by -45.7% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1,111%. As a result, imports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, imports of clays for construction and industrial use reduced dramatically to $X in 2022. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 943% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), the United Arab Emirates (X tons) and the UK (X tons) were the main suppliers of imports of clays for construction and industrial use to Oman, with a combined 65% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +45.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest clays for construction and industrial use suppliers to Oman were the United States ($X), the UK ($X) and the United Arab Emirates ($X), together accounting for 78% of total imports. India, Spain, Egypt, Pakistan and China lagged somewhat behind, together accounting for a further 15%.

Spain, with a CAGR of +27.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for clays for construction and industrial use stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 225% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+164.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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