Oman - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Oman - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights

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Concrete Reinforcing Bar Price in Oman - 2021

Contents:

  1. Concrete Reinforcing Bar Price in Oman (FOB) - 2022
  2. Concrete Reinforcing Bar Price in Oman (CIF) - 2022
  3. Concrete Reinforcing Bar Exports in Oman
  4. Concrete Reinforcing Bar Imports in Oman

Concrete Reinforcing Bar Price in Oman (FOB) - 2022

In 2022, the average concrete reinforcing bar export price amounted to $731 per ton, picking up by 8.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum at $858 per ton in 2014; however, from 2015 to 2022, the 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 the Netherlands ($984 per ton), while the average price for exports to Kuwait ($559 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+32.2%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Reinforcing Bar Price in Oman (CIF) - 2022

In 2022, the average concrete reinforcing bar import price amounted to $808 per ton, growing by 29% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar import price increased by +63.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($864 per ton), while the price for Italy ($265 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Concrete Reinforcing Bar Exports in Oman

Concrete reinforcing bar exports from Oman declined sharply to 431K tons in 2022, waning by -36.5% compared with 2021 figures. Over the period under review, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 4% against the previous year.

In value terms, concrete reinforcing bar exports shrank rapidly to $315M in 2022. In general, exports saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $458M, and then declined notably in the following year.

Export of Concrete Reinforcing Bar in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates308244198133-24.4%
Singapore5.511.985.359.6121.3%
Saudi Arabia23.442.638.722.5-1.3%
Hong Kong SARN/AN/A30.417.4-42.8%
MyanmarN/A21.721.016.4-13.1%
NetherlandsN/A0.2N/A8.5551.9%
Kuwait1.62.83.34.844.2%
CanadaN/A21.59.4N/A-56.3%
Others22.46.071.552.632.9%
Total361351458315-4.4%

Top Export Markets for Concrete Reinforcing Bar from Oman in 2022:

  1. United Arab Emirates (207.1K tons)
  2. Singapore (79.2K tons)
  3. Saudi Arabia (29.8K tons)
  4. Myanmar (21.8K tons)
  5. Hong Kong SAR (19.7K tons)
  6. Netherlands (8.7K tons)
  7. Kuwait (8.6K tons)

Concrete Reinforcing Bar Imports in Oman

In 2022, approx. 20K tons of concrete reinforcing bars were imported into Oman; rising by 55% compared with the previous year. Over the period under review, imports posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 58%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, concrete reinforcing bar imports surged to $16M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Concrete Reinforcing Bar in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.91.04.68.945.3%
Qatar2.42.22.55.431.0%
Turkey0.40.30.30.57.7%
Iran0.10.10.10.226.0%
ItalyN/AN/AN/A0.10%
Others0.40.40.40.826.0%
Total6.34.07.915.936.2%

Top Suppliers of Concrete Reinforcing Bar to Oman in 2022:

  1. United Arab Emirates (10.5K tons)
  2. Qatar (6.2K tons)
  3. Turkey (1.4K tons)
  4. Iran (0.4K tons)
  5. Italy (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the concrete reinforcing bar market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 2410T241 - Concrete reinforcing bars
  • Prodcom 24106210 - Hot-rolled concrete reinforcing bars

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Oman
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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