Key Market Indicators
Omani metal products imports are projected to rise to $110 million by 2028, up from $97 million in 2023. This marks a year-on-year compound annual growth rate (CAGR) of 1.9%. Historically, since 1994, Omani demand for metal products has increased by an average of 2.7% annually. On the export front, Omani metal products are expected to reach $21 million by 2028, growing from $17 million in 2023. This represents a robust CAGR of 3.6% year on year. Since 1994, the nation's metal product supply has seen a steady annual increase of 4.5%.
