Oman: Baking Soda Market 2025

Baking Soda Market Size in Oman

In 2021, the Omani baking soda market decreased by -63.5% to $X, falling for the third year in a row after two years of growth. Overall, consumption continues to indicate a deep downturn. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Baking Soda Exports

Exports from Oman

In 2021, shipments abroad of baking soda increased by 90% to X tons, rising for the second consecutive year after five years of decline. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 1,661%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, baking soda exports dropped modestly to $X in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 838% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for baking soda exports from Oman, with a 90% share of total exports. Moreover, baking soda exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume to Qatar totaled +51.3%.

In value terms, Qatar ($X) emerged as the key foreign market for baking soda exports from Oman, comprising 79% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Qatar totaled +53.3%.

Export Prices by Country

In 2021, the average baking soda export price amounted to $X per ton, with a decrease of -49.1% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Qatar totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+36.4%), while the prices for the other major destinations experienced mixed trend patterns.

Baking Soda Imports

Imports into Oman

In 2021, purchases abroad of baking soda decreased by -55.6% to X tons, falling for the third year in a row after two years of growth. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 82%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, baking soda imports contracted sharply to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 44% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then reduced remarkably in the following year.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest baking soda supplier to Oman, accounting for a 48% share of total imports. Moreover, baking soda imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Egypt (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.0% per year) and Egypt (-20.3% per year).

In value terms, the largest baking soda suppliers to Oman were India ($X), the United Arab Emirates ($X) and Malta ($X), with a combined 68% share of total imports.

Malta, with a CAGR of +35.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average baking soda import price amounted to $X per ton, growing by 56% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, baking soda import price increased by +94.8% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malta (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :