Oman: Market for Non-Refractory Clay Constructional Products 2024

Market Size for Non-Refractory Clay Constructional Products in Oman

The Omani non-refractory clay constructional products market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, recorded a deep downturn. Non-refractory clay constructional products consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Non-Refractory Clay Constructional Products

Exports from Oman

In 2022, the amount of non-refractory clay constructional products exported from Oman declined sharply to X tons, with a decrease of -53.8% against the previous year. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,436%. As a result, the exports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, non-refractory clay constructional products exports shrank remarkably to $X in 2022. Over the period under review, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,653%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for non-refractory clay constructional products exports from Oman, with a 79% share of total exports. Moreover, non-refractory clay constructional products exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), eightfold. The third position in this ranking was taken by Tanzania (X kg), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar stood at +61.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-15.2% per year) and Tanzania (+19.8% per year).

In value terms, Qatar ($X) remains the key foreign market for non-refractory clay constructional products exports from Oman, comprising 97% of total exports. The second position in the ranking was held by Tanzania ($X), with a 1.8% share of total exports. It was followed by Bahrain, with a 1% share.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled +44.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-4.9% per year) and Bahrain (-9.4% per year).

Export Prices by Country

In 2022, the average non-refractory clay constructional products export price amounted to $X per ton, growing by 14% against the previous year. Overall, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 147% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates ($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 Bahrain (+4.3%), while the prices for the other major destinations experienced a decline.

Imports of Non-Refractory Clay Constructional Products

Imports into Oman

After two years of decline, purchases abroad of non-refractory clay constructional products increased by 129% to X tons in 2022. Overall, imports, however, saw a sharp decrease. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-refractory clay constructional products imports surged to $X in 2022. Over the period under review, imports, however, showed a deep reduction. The growth pace was the most rapid in 2015 with an increase of 242% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-refractory clay constructional products to Oman, with a 54% share of total imports. Moreover, non-refractory clay constructional products imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fivefold. The third position in this ranking was held by Spain (X tons), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-24.1% per year) and Spain (-15.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of non-refractory clay constructional products to Oman, comprising 51% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports. It was followed by Spain, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.9% per year) and Spain (-8.7% per year).

Import Prices by Country

The average non-refractory clay constructional products import price stood at $X per ton in 2022, dropping by -20.7% against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 76%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for India ($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 (+38.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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