Key Market Indicators
Oman's cement imports are expected to reach around $261 million by 2026, up from $246 million in 2021. This marks an average annual growth rate of 0.7%. Since 1994, Omani demand has dropped by 9.9% year on year. In 2021, Israel came out on top with $246 million, followed by the Philippines, Sri Lanka and China. Meanwhile, Oman's cement exports are set to reach $188 million by 2026, up from $151 million in 2021. This represents an average annual growth rate of 3.4%. Since 1994, Omani supply has grown by 7.5% year on year. In 2021, Italy topped the list with $151 million, followed by Canada, Germany and the United Arab Emirates.
