Oman: Market for Sanitary Ware And Parts Of Iron Or Steel 2024

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Oman

The Omani market for sanitary ware and parts of iron or steel surged to $X in 2022, growing by X% against the previous year. Overall, consumption saw prominent growth. Iron or steel sanitary ware consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Sanitary Ware And Parts Of Iron Or Steel in Oman

In value terms, iron or steel sanitary ware production surged to $X in 2022 estimated in export price. Overall, production posted resilient growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Oman

Iron or steel sanitary ware exports from Oman contracted significantly to X units in 2022, reducing by X% compared with 2021 figures. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, iron or steel sanitary ware exports fell rapidly to $X in 2022. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for iron or steel sanitary ware exports from Oman, accounting for a X% share of total exports. Moreover, iron or steel sanitary ware exports to the United Arab Emirates exceeded the volume sent to the second major destination, Somalia (X units), fourfold. Yemen (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and Yemen (X% per year).

In value terms, the largest markets for iron or steel sanitary ware exported from Oman were Yemen ($X), the United Arab Emirates ($X) and Qatar ($X), with a combined X% share of total exports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average export price for sanitary ware and parts of iron or steel stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Somalia ($X per unit) was amongst the lowest.

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

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Oman

In 2022, approx. X units of sanitary ware and parts of iron or steel were imported into Oman; picking up by X% against the previous year. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, iron or steel sanitary ware imports expanded markedly to $X in 2022. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest iron or steel sanitary ware supplier to Oman, accounting for a X% share of total imports. Moreover, iron or steel sanitary ware imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), fivefold.

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

In value terms, the United Arab Emirates ($X) constituted the largest supplier of sanitary ware and parts of iron or steel to Oman, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports.

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

Import Prices by Country

The average import price for sanitary ware and parts of iron or steel stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a mild decrease. The growth pace was the most rapid in 2016 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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