Report Update Nov 1, 2024

Oman - Titanium Dioxide - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Titanium Dioxide Market 2024

Titanium Dioxide Market Size in Oman

The Omani titanium dioxide market contracted rapidly to $X in 2021, with a decrease of -18.6% against the previous year. Overall, consumption, however, continues to indicate resilient growth. As a result, consumption reached the peak level of $X, and then reduced markedly in the following year.

Titanium Dioxide Production in Oman

In value terms, titanium dioxide production shrank remarkably to $X in 2021 estimated in export price. In general, production, however, posted a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 77%. As a result, production attained the peak level of $X, and then dropped sharply in the following year.

Titanium Dioxide Exports

Exports from Oman

Titanium dioxide exports from Oman surged to X tons in 2018, increasing by 53% on 2017 figures. Over the period under review, total exports indicated significant growth from 2017 to 2018: its volume increased at an average annual rate of +52.8% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, titanium dioxide exports soared to $X in 2018. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Iran (X tons) was the main destination for titanium dioxide exports from Oman, accounting for a 84% share of total exports. Moreover, titanium dioxide exports to Iran exceeded the volume sent to the second major destination, Italy (X tons), fivefold.

From 2017 to 2018, the average annual rate of growth in terms of volume to Iran stood at +34.5%.

In value terms, Iran ($X) remains the key foreign market for titanium dioxide exports from Oman, comprising 92% of total exports. The second position in the ranking was held by Italy ($X), with an 8.3% share of total exports.

From 2017 to 2018, the average annual growth rate of value to Iran stood at +70.3%.

Export Prices by Country

The average titanium dioxide export price stood at $X per ton in 2018, jumping by 19% against the previous year. Over the period from 2017 to 2018, it increased at an average annual rate of +18.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Italy stood at $X per ton.

From 2017 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+26.6%).

Titanium Dioxide Imports

Imports into Oman

Titanium dioxide imports into Oman surged to X tons in 2021, with an increase of 976% against 2020. Overall, imports showed buoyant growth. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, titanium dioxide imports surged to $X in 2021. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 695%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of titanium dioxide to Oman, with a 67% share of total imports. Moreover, titanium dioxide imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+9.2% per year) and the United Arab Emirates (+10.8% per year).

In value terms, China ($X) constituted the largest supplier of titanium dioxide to Oman, comprising 68% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with an 18% share of total imports. It was followed by the United States, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+8.6% per year) and the United States (+12.7% per year).

Import Prices by Country

The average titanium dioxide import price stood at $X per ton in 2021, declining by -30.6% against the previous year. Overall, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, titanium dioxide import price increased by +29.4% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 57%. As a result, import price attained the peak level of $X per ton, and then plummeted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium dioxide in the world?

The countries with the highest volumes of titanium dioxide consumption in 2020 were China, Germany and India, together comprising 53% of global consumption. These countries were followed by the United States, Japan, Indonesia, Mexico, France, the UK, Italy, Ethiopia and South Korea, which together accounted for a further 26%.

What are the largest producers of titanium dioxide in the world?

The countries with the highest volumes of titanium dioxide production in 2020 were China, Germany and India, together accounting for 61% of global production. These countries were followed by the United States, Japan, Indonesia, France, Mexico, South Korea, the UK and Ethiopia, which together accounted for a further 24%.

What are the leading suppliers of titanium dioxide to Oman?

In value terms, China constituted the largest supplier of titanium dioxide to Oman, comprising 53% of total imports. The second position in the ranking was occupied by Saudi Arabia, with a 21% share of total imports. It was followed by the United States, with an 8.8% share.

What are the leading importers of titanium dioxide from Oman?

In value terms, Iran remains the key foreign market for titanium dioxide exports from Oman, comprising 92% of total exports. The second position in the ranking was occupied by Italy, with an 8.3% share of total exports.

What is the average export price for titanium dioxide in Oman?

The average titanium dioxide export price stood at $3,639 per ton in 2018, surging by 19% against the previous year.

What is the average import price for titanium dioxide in Oman?

In 2020, the average titanium dioxide import price amounted to $2,506 per ton, with an increase of 2.8% against the previous year.

This report provides an in-depth analysis of the titanium dioxide market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20121150 - Titanium oxides

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023