Oman: Plaster Article Market 2024

Plaster Article Market Size in Oman

The Omani plaster article market skyrocketed to $X in 2022, rising by X% against the previous year. Over the period under review, consumption posted a perceptible expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Plaster Article Production in Oman

In value terms, plaster article production expanded notably to $X in 2022 estimated in export price. Overall, production showed strong growth. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Plaster Article Exports

Exports from Oman

After five years of growth, overseas shipments of articles of plaster or of compositions based on plaster decreased by X% to X square meters in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X square meters in 2021, and then shrank in the following year.

In value terms, plaster article exports reduced to $X in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

India (X square meters) was the main destination for plaster article exports from Oman, with a X% share of total exports. Moreover, plaster article exports to India exceeded the volume sent to the second major destination, Qatar (X square meters), more than tenfold. Saudi Arabia (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Saudi Arabia (X% per year).

In value terms, India ($X) remains the key foreign market for articles of plaster or of compositions based on plaster exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual growth rate of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Qatar (X% per year).

Export Prices by Country

The average plaster article export price stood at $X per square meter in 2022, approximately equating the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($X per square meter) and the United Arab Emirates ($X per square meter), while the average price for exports to India ($X per square meter) and Qatar ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced a decline.

Plaster Article Imports

Imports into Oman

In 2022, supplies from abroad of articles of plaster or of compositions based on plaster was finally on the rise to reach X square meters after two years of decline. Overall, imports posted a temperate expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X square meters in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, plaster article imports totaled $X in 2022. Over the period under review, imports, however, showed a perceptible curtailment. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X square meters) constituted the largest supplier of plaster article to Oman, with a X% share of total imports. Moreover, plaster article imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X square meters), eightfold. The third position in this ranking was taken by Singapore (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Singapore (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of articles of plaster or of compositions based on plaster to Oman, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the average plaster article import price amounted to $X per square meter, waning by X% against the previous year. Over the period under review, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per square meter 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 highest price was recorded for prices from Singapore ($X per square meter) and China ($X per square meter), while the price for Saudi Arabia ($X per square meter) and the United Arab Emirates ($X per square meter) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :