Oman: Construction Sands Market 2022

Construction Sands Market Size in Oman

After three years of growth, the Omani construction sands market decreased by -X% to $X in 2021. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2014 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted slightly in the following year.

Construction Sands Production in Oman

In value terms, construction sands production shrank to $X in 2021 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Construction sands production peaked at $X in 2020, and then contracted slightly in the following year.

Construction Sands Exports

Exports from Oman

In 2021, approx. X tons of construction sands were exported from Oman; which is down by -X% against the year before. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, construction sands exports dropped to $X in 2021. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Bahrain (X tons) was the main destination for construction sands exports from Oman, accounting for a X% share of total exports. It was followed by the United Arab Emirates (X tons), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Bahrain stood at -X%.

In value terms, Bahrain ($X) remains the key foreign market for construction sands exports from Oman, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Bahrain amounted to -X%.

Export Prices by Country

The average construction sands export price stood at $X per ton in 2021, shrinking by -X% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2020, and then fell modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Bahrain totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+X%).

Construction Sands Imports

Imports into Oman

In 2021, overseas purchases of construction sands were finally on the rise to reach X tons after two years of decline. In general, imports recorded a perceptible expansion. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, construction sands imports surged to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and Egypt (X tons) were the main suppliers of construction sands imports to Oman, together accounting for X% of total imports. These countries were followed by Turkey, Germany, Yemen and Pakistan, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Yemen (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of construction sands to Oman, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-X% per year) and Egypt (+X% per year).

Import Prices by Country

In 2021, the average construction sands import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Yemen ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform