Oman: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Oman

The Omani plastic pipe and hose market rose notably to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted buoyant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Oman

In value terms, plastic pipe and hose production rose sharply to $X in 2022 estimated in export price. Over the period under review, production posted a prominent increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Oman

In 2022, plastic pipe and hose exports from Oman contracted to X tons, declining by X% against the previous year. In general, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, plastic pipe and hose exports amounted to $X in 2022. Over the period under review, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for plastic pipe and hose exports from Oman, with a X% share of total exports. It was followed by Qatar (X tons), with a X% share of total exports. Bahrain (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the United Arab Emirates ($X) remains the key foreign market for plastics tubes, pipes and hoses, and fitting exports from Oman, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Bahrain (X% per year).

Export Prices by Country

The average plastic pipe and hose export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, saw a mild setback. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Saudi Arabia ($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 (X%), while the prices for the other major destinations experienced a decline.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Oman

In 2022, purchases abroad of plastics tubes, pipes and hoses, and fitting was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, plastic pipe and hose imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of plastic pipe and hose to Oman, accounting for a X% share of total imports. Moreover, plastic pipe and hose imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. India (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, the United Arab Emirates ($X) constituted the largest supplier of plastics tubes, pipes and hoses, and fitting to Oman, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by India, with an X% share.

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

Import Prices by Country

In 2022, the average plastic pipe and hose import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2019; however, from 2020 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 Italy ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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