Oman: Metal Self-Tapping Screw Market 2025

Metal Self-Tapping Screw Market Size in Oman

The Omani metal self-tapping screw market soared to $X in 2022, with an increase of 20% 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 posted prominent growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Metal Self-Tapping Screw Exports

Exports from Oman

In 2022, after five years of growth, there was significant decline in shipments abroad of iron or steel self-tapping screws, when their volume decreased by -55.3% to X tons. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 548%. As a result, the exports reached the peak of X tons, and then contracted dramatically in the following year.

In value terms, metal self-tapping screw exports declined sharply to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 392% against the previous year. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Qatar (X tons) was the main destination for metal self-tapping screw exports from Oman, with a 74% share of total exports. Moreover, metal self-tapping screw exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Qatar stood at +70.1%.

In value terms, Qatar ($X) remains the key foreign market for iron or steel self-tapping screws exports from Oman, comprising 96% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar amounted to +82.9%.

Export Prices by Country

The average metal self-tapping screw export price stood at $X per ton in 2022, increasing by 35% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 70% against the previous year. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+7.5%), while the prices for the other major destinations experienced a decline.

Metal Self-Tapping Screw Imports

Imports into Oman

In 2022, metal self-tapping screw imports into Oman expanded significantly to X tons, surging by 11% on the year before. In general, imports recorded a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by 94% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, metal self-tapping screw imports expanded notably to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 122% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of metal self-tapping screw imports to Oman, together accounting for 89% of total imports. Turkey, Germany and India lagged somewhat behind, together comprising a further 6.1%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +45.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of iron or steel self-tapping screws to Oman, comprising 48% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +30.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+29.2% per year) and Taiwan (Chinese) (+54.9% per year).

Import Prices by Country

The average metal self-tapping screw import price stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 25% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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