Oman: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Oman

The Omani market for tiles, flagstones and similar articles of cement, concrete or artificial stone totaled $X in 2021, remaining stable against the previous year. In general, consumption continues to indicate a buoyant expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Oman

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +9.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +6.0% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of 76%. Over the period under review, production of reached the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Oman

In 2021, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Oman skyrocketed to X tons, growing by 46% compared with 2020 figures. In general, exports recorded resilient growth. The growth pace was the most rapid in 2013 with an increase of 255% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X in 2021. Overall, exports recorded a temperate expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 215%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Qatar (X tons), the United Arab Emirates (X tons) and the United States (X tons) were the main destinations of exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Oman, together accounting for 69% of total exports. These countries were followed by Tanzania, Jordan, Yemen, Germany, Saudi Arabia, Iraq and the UK, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Tanzania (with a CAGR of +168.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Qatar ($X) and the United States ($X) appeared to be the largest markets for tiles, flagstones and similar articles of cement, concrete or artificial stone exported from Oman worldwide, with a combined 70% share of total exports. Germany, Jordan, Tanzania, Saudi Arabia, Yemen, the UK and Iraq lagged somewhat behind, together accounting for a further 16%.

Tanzania, with a CAGR of +146.3%, recorded 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 tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, which is down by -31.1% against the previous year. In general, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 38% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Yemen ($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 Germany (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Oman

In 2021, approx. X tons of tiles, flagstones and similar articles of cement, concrete or artificial stone were imported into Oman; growing by 28% on the previous year's figure. Over the period under review, imports continue to indicate mild growth. The pace of growth appeared the most rapid in 2015 when imports increased by 67%. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021. In general, imports, however, continue to indicate a pronounced setback. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Oman, with a 79% share of total imports. Moreover, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), ninefold. Iran (X tons) ranked third in terms of total imports with a 5.7% 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: Saudi Arabia (+37.8% per year) and Iran (+84.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Oman, comprising 55% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 23% share of total imports. It was followed by Iran, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+30.5% per year) and Iran (+64.3% per year).

Import Prices by Country

The average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the import price, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Saudi Arabia ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :