Key Market Indicators
Oman's fuel export is projected to climb to 1,500 cubic meters by 2028, marking a steady rise from 1,320 cubic meters in 2023. This represents an average annual growth rate of 2%. Since 1997, Oman's fuel supply has seen a significant increase of 55% year on year. On the import front, Oman's fuel intake is expected to reach 1,380 cubic meters by 2028, up from 1,180 cubic meters in 2023. This translates to a compound annual growth rate of 2.5%. Over the years, since 1997, the country's fuel demand has grown at an annual average rate of 49%. These figures underscore the ongoing expansion in both the supply and demand for fuel in Oman, reflecting broader economic and energy trends in the region.
