Oman’s mining revenues and production fall in 2019

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1 August 2020

MUSCAT (WAF): Official data by the National Centre for Statistics and Information (NCSI) showed a decrease in the value of mineral sales in the Sultanate of Oman, from 86.4 million Omani Rials in 2018 to 70.8 million Omani Rials in 2019.

The most significant drop in the value was of Chromite’s, with a 34.8% plunge of value compared to sales of RO30 million in 2018. The decrease was a result of 31.3% less production and lower price of metric tons by 10.2% from RO36 in 2018 to RO32.3 in 2019.

The Sultanate’s Gypsum sales decreased by 8% in terms of value to RO21.4 million in 2019. Notwithstanding the increase in production with approximately 10.3%, the sales lost RO2 million from 2018’s.

Likewise, Salt sales decreased by 21%, despite the increase in production by 30%. 

Mud sales decreased by 13%, despite an increase in output by 44.6% in light of the decrease in the sales price per metric ton by 39%, the data shows.

Oman’s marble production in the form of blocks, chips or powder also decreased by 16.2%, 6.3% and 12.7%, respectively, which resulted in a decrease in its total sales by RO1.6 million compared to 2018 sales.

The Limestone production also dropped by 31% to 9.7 million metric tons in 2019, and sales value for the same year amounted to RO15.1 million, a decrease of 4.4% compared to 2018.

On the other hand, Silica’s and Sand Dunes’ sales values rose by 8.5%, and 44.8%, respectively.

The sales of Silica reached RO308,974, for 24,917 metric tons. Dune sand sales increased in volume from 47,555 metric tons to 69,205 metric tons in 2019, and in terms of value, it rose from RO68,349 to RO98,943.

The official data do not show any production or sales of copper metal in the last three years until the end of 2019.

Mining and quarrying participation to Oman’s GDP stood at RO125.5 million in 2019, compared to RO140.3 million in 2018, NCSI’s data shows. The sector represents 0.6% of the country’s non-petroleum sectors participation in GDP by current prices for 2019.