Oman: Glass Ampoules Market 2024

Glass Ampoules Market Size in Oman

The Omani glass ampoules market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption saw prominent growth. Glass ampoules consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Glass Ampoules Production in Oman

In value terms, glass ampoules production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 112% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Glass Ampoules Exports

Exports from Oman

In 2022, the amount of glass ampoules for packing of goods exported from Oman contracted slightly to X units, with a decrease of -2.2% on the previous year. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 32,849% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, glass ampoules exports fell remarkably to $X in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 23,924%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Kenya (X units) was the main destination for glass ampoules exports from Oman, with a 73% share of total exports. Moreover, glass ampoules exports to Kenya exceeded the volume sent to the second major destination, Saudi Arabia (X units), fourfold. The third position in this ranking was held by Yemen (X units), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to Kenya totaled +75.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+12.4% per year) and Yemen (+30.0% per year).

In value terms, Kenya ($X) remains the key foreign market for glass ampoules for packing of goods exports from Oman, comprising 65% of total exports. The second position in the ranking was taken by Qatar ($X), with a 13% share of total exports. It was followed by Saudi Arabia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Kenya amounted to +40.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+24.6% per year) and Saudi Arabia (+2.8% per year).

Export Prices by Country

The average glass ampoules export price stood at less than $X per unit in 2022, which is down by -41.3% against the previous year. Overall, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2019 when the average export price increased by 196% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Saudi Arabia (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-1.6%), while the prices for the other major destinations experienced a decline.

Glass Ampoules Imports

Imports into Oman

After two years of decline, purchases abroad of glass ampoules for packing of goods increased by 51% to X units in 2022. Overall, imports enjoyed a noticeable increase. The pace of growth was the most pronounced in 2013 with an increase of 225% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, glass ampoules imports rose slightly to $X in 2022. Over the period under review, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2013 with an increase of 146% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of glass ampoules to Oman, with a 89% share of total imports. Moreover, glass ampoules imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+34.5% per year) and China (-1.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of glass ampoules for packing of goods to Oman, comprising 64% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+32.0% per year) and China (-9.9% per year).

Import Prices by Country

In 2022, the average glass ampoules import price amounted to $X per thousand units, waning by -32.2% against the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 60% against the previous year. Over the period under review, average import prices hit record highs at $X per thousand units in 2012; however, from 2013 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 Saudi Arabia ($X per thousand units), while the price for the United Arab Emirates ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+308.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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