Oman: Market for Sanitary Ware And Parts Of Iron Or Steel 2025

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Oman

The Omani market for sanitary ware and parts of iron or steel dropped to $X in 2021, with a decrease of -7% against the previous year. In general, consumption, however, continues to indicate a strong increase. Iron or steel sanitary ware consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Sanitary Ware And Parts Of Iron Or Steel in Oman

In value terms, iron or steel sanitary ware production soared to $X in 2021 estimated in export price. Overall, production saw a moderate increase. The growth pace was the most rapid in 2017 when the production volume increased by 83%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Oman

In 2021, shipments abroad of sanitary ware and parts of iron or steel was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports recorded significant growth. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, iron or steel sanitary ware exports skyrocketed to $X in 2021. In general, exports recorded a significant expansion. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Yemen (X tons), Qatar (X tons) and the United Arab Emirates (X tons) were the main destinations of iron or steel sanitary ware exports from Oman, with a combined 81% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Yemen (with a CAGR of +128.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Yemen ($X) and the United Arab Emirates ($X) were the largest markets for iron or steel sanitary ware exported from Oman worldwide, with a combined 68% share of total exports.

The United Arab Emirates, with a CAGR of +87.1%, saw the highest growth rate of the value of exports, among 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 2021, the average export price for sanitary ware and parts of iron or steel amounted to $X per ton, surging by 50% against the previous year. In general, the export price recorded a noticeable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 151% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Oman

In 2021, approx. X tons of sanitary ware and parts of iron or steel were imported into Oman; increasing by 1.6% compared with 2020. In general, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 269%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, iron or steel sanitary ware imports fell to $X in 2021. Overall, imports showed a resilient increase. The growth pace was the most rapid in 2013 when imports increased by 262%. Imports peaked at $X in 2020, and then contracted in the following year.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest iron or steel sanitary ware supplier to Oman, with a 63% share of total imports. Moreover, iron or steel sanitary ware imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by India (X tons), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+22.5% per year) and India (+18.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of sanitary ware and parts of iron or steel to Oman, comprising 73% of total imports. The second position in the ranking was taken by China ($X), with an 8.3% share of total imports. It was followed by India, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled +25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.1% per year) and India (+30.6% per year).

Import Prices by Country

The average import price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, with a decrease of -8.4% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron or steel sanitary ware import price decreased by -17.0% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 53% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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