Oman: Container Market 2025

Container Market Size in Oman

In 2022, after two years of growth, there was decline in the Omani container market, when its value decreased by -1% to $X. Overall, consumption showed a resilient expansion. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Container Exports

Exports from Oman

In 2022, overseas shipments of tanks, casks, drums, cans, boxes and similar containers decreased by -16.9% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2017 when exports increased by 215%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, container exports fell to $X in 2022. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2017 when exports increased by 243% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for container exports from Oman, with a 78% share of total exports. Moreover, container exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X units), more than tenfold. The third position in this ranking was taken by Yemen (X units), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to -5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+43.3% per year) and Yemen (+37.5% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for tanks, casks, drums, cans, boxes and similar containers exports from Oman, comprising 67% of total exports. The second position in the ranking was held by Qatar ($X), with a 17% share of total exports. It was followed by the Netherlands, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled -13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+71.0% per year) and the Netherlands (-16.5% per year).

Export Prices by Country

The average container export price stood at $X per unit in 2022, growing by 5% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Yemen (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.

Container Imports

Imports into Oman

After two years of growth, supplies from abroad of tanks, casks, drums, cans, boxes and similar containers decreased by -2.1% to X units in 2022. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 136%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, container imports fell slightly to $X in 2022. Over the period under review, imports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 130% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest container supplier to Oman, with a 87% share of total imports. Moreover, container imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+7.7% per year) and China (-9.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of tanks, casks, drums, cans, boxes and similar containers to Oman, comprising 82% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+8.1% per year) and China (-10.4% per year).

Import Prices by Country

The average container import price stood at $X per unit in 2022, reducing by -2.1% against the previous year. Over the period under review, the import price showed a slight shrinkage. The pace of growth was the most pronounced in 2018 an increase of 10%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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