Oman: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Oman

The Omani articles of fiber cement market declined to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a mild shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Oman

In value terms, articles of fiber cement production shrank to $X in 2023 estimated in export price. Overall, production, however, showed a modest expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Oman

After two years of growth, shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by X% to X tons in 2023. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2022 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, articles of fiber cement exports contracted modestly to $X in 2023. Over the period under review, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Somalia (X tons), Saudi Arabia (X tons) and Qatar (X tons) were the main destinations of articles of fiber cement exports from Oman, with a combined X% share of total exports. The United Arab Emirates, Yemen and Bahrain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Yemen (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Saudi Arabia ($X) remains the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Somalia ($X), with a X% share of total exports. It was followed by Qatar, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and Qatar (X% per year).

Export Prices by Country

In 2023, the average articles of fiber cement export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Oman

In 2023, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported into Oman; picking up by X% on 2022. In general, imports continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, articles of fiber cement imports expanded markedly to $X in 2023. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), India (X tons) and Italy (X tons) were the main suppliers of articles of fiber cement imports to Oman, together accounting for X% of total imports. Turkey, Saudi Arabia, the UK and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of fiber cement suppliers to Oman were the United Arab Emirates ($X), India ($X) and Turkey ($X), together accounting for X% of total imports. Italy, the UK, China and Saudi Arabia lagged somewhat behind, together comprising a further X%.

Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 2023, the average articles of fiber cement import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform