Oman: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Oman

The Omani market for other plastic tubes, pipes and hoses soared to $X in 2022, picking up by 34% against the previous year. In general, consumption showed buoyant growth. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Other Plastic Tubes, Pipes and Hoses in Oman

In value terms, production of other plastic tubes, pipes and hoses expanded notably to $X in 2022 estimated in export price. Overall, production recorded prominent growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 98% against the previous year. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Oman

In 2022, overseas shipments of other plastic tubes, pipes and hoses were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 174%. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of other plastic tubes, pipes and hoses skyrocketed to $X in 2022. Overall, exports, however, showed a pronounced descent. The growth pace was the most rapid in 2013 when exports increased by 210%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Somalia (X tons), the United Arab Emirates (X tons) and Sudan (X tons) were the main destinations of exports of other plastic tubes, pipes and hoses from Oman, together accounting for 59% of total exports.

From 2012 to 2022, the biggest increases were recorded for Somalia (with a CAGR of +92.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Sudan ($X) and the United Arab Emirates ($X) appeared to be the largest markets for other plastic tubes, pipes and hoses exported from Oman worldwide, with a combined 45% share of total exports. Djibouti, Ethiopia, Free Zones, Somalia, the UK and Algeria lagged somewhat behind, together accounting for a further 24%.

Ethiopia, with a CAGR of +74.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for other plastic tubes, pipes and hoses amounted to $X per ton, increasing by 27% against the previous year. Overall, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 49%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Somalia ($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 Ethiopia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Oman

In 2022, the amount of other plastic tubes, pipes and hoses imported into Oman surged to X tons, increasing by 65% compared with the previous year. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of 67%. Over the period under review, imports of reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of other plastic tubes, pipes and hoses skyrocketed to $X in 2022. Overall, imports showed strong growth. The growth pace was the most rapid in 2018 with an increase of 105%. 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 South Korea (X tons) were the main suppliers of imports of other plastic tubes, pipes and hoses to Oman, together comprising 70% of total imports. Qatar, Saudi Arabia, France and Jordan lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +51.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest other plastic tubes, pipes and hoses suppliers to Oman were the United Arab Emirates ($X), China ($X) and Jordan ($X), with a combined 45% share of total imports. Qatar, France, South Korea and Saudi Arabia lagged somewhat behind, together accounting for a further 12%.

In terms of the main suppliers, France, with a CAGR of +30.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for other plastic tubes, pipes and hoses amounted to $X per ton, surging by 12% against the previous year. Overall, the import price saw perceptible growth. The pace of growth was the most pronounced in 2018 an increase of 59% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Jordan ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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