Oman: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Oman

In 2023, after two years of growth, there was decline in the Omani market for rigid tubes, pipes and hoses of polymers of vinyl chloride, when its value decreased by X% to $X. In general, consumption showed a mild downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Oman

In value terms, vinyl chloride polymer rigid pipes production rose remarkably to $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Vinyl chloride polymer rigid pipes production peaked at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Oman

In 2023, the amount of rigid tubes, pipes and hoses of polymers of vinyl chloride exported from Oman soared to X tons, growing by X% compared with 2022 figures. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, vinyl chloride polymer rigid pipes exports rose markedly to $X in 2023. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Oman, accounting for a X% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X tons), twofold. The third position in this ranking was taken by Bahrain (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Bahrain (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of vinyl chloride exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports. It was followed by Bahrain, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Bahrain (X% per year).

Export Prices by Country

The average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2023, falling by X% against the previous year. In general, the export price saw a slight reduction. The pace of growth was the most pronounced in 2022 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Saudi Arabia ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Oman

In 2023, supplies from abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X tons in 2022, and then fell significantly in the following year.

In value terms, vinyl chloride polymer rigid pipes imports shrank markedly to $X in 2023. In general, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at $X in 2022, and then declined dramatically in the following year.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and Japan (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to Oman, together comprising X% of total imports.

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

In value terms, India ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Oman, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2023, the average annual growth rate of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Japan (X% per year).

Import Prices by Country

In 2023, the average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price showed a slight contraction. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked 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 India ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform