Oman: Common Pottery Market 2024

Common Pottery Market Size in Oman

The Omani common pottery market fell modestly to $X in 2022, which is down by -3.3% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.1% against 2020 indices. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Common Pottery Production in Oman

In value terms, common pottery production contracted modestly to $X in 2022 estimated in export price. In general, production, however, showed slight growth. The growth pace was the most rapid in 2018 with an increase of 195% against the previous year. Common pottery production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Common Pottery Exports

Exports from Oman

In 2022, approx. X tons of common pottery were exported from Oman; reducing by -30.8% on 2021 figures. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 379%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted dramatically in the following year.

In value terms, common pottery exports stood at $X in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 280%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Yemen (X tons) was the main destination for common pottery exports from Oman, accounting for a 79% share of total exports. Moreover, common pottery exports to Yemen exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold. Iran (X tons) ranked third in terms of total exports with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Yemen amounted to +74.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+52.3% per year) and Iran (+52.3% per year).

In value terms, Yemen ($X) remains the key foreign market for common pottery exports from Oman, comprising 39% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 17% share of total exports. It was followed by the UK, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Yemen amounted to +68.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+76.3% per year) and the UK (+60.5% per year).

Export Prices by Country

The average common pottery export price stood at $X per ton in 2022, surging by 46% against the previous year. Overall, the export price, however, continues to indicate a noticeable decline. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the 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 UK ($X per ton), while the average price for exports to Yemen ($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 the United Arab Emirates (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Oman

In 2022, the amount of common pottery imported into Oman declined to X tons, waning by -12.3% on the previous year's figure. Overall, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 77%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, common pottery imports fell to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 84% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest common pottery supplier to Oman, accounting for a 53% share of total imports. Moreover, common pottery imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by India (X tons), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.6% per year) and India (+5.6% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of common pottery to Oman, comprising 58% of total imports. The second position in the ranking was taken by China ($X), with a 7.7% share of total imports. It was followed by Turkey, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.2% per year) and Turkey (+18.2% per year).

Import Prices by Country

The average common pottery import price stood at $X per ton in 2022, rising by 3.4% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 9.9% against the previous year. Over the period under review, average import prices reached the maximum 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 United Arab Emirates ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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