Press release
Limestone & Gypsum Aggregates FOB Price Market - Oman, UAE, Iran & India (2019-24) Market Size, Trends, Growth 2020-2031
Oman, UAE, Iran & India's limestone & gypsum aggregates FOB market will grow from $35.7 B in 2020 to $62.3 B in 2031 at a 5.2 %
It covers limestone steel grade (40-80 mm), cement grade (10-30 mm), fines (< 30 mm) and gypsum for plaster (0-50 mm) and board (50-150 mm), with prices reflecting port handling, quality, freight and demand on Gulf-India routes.
Infrastructure growth, rising steel output and booming construction in Oman, UAE, Iran and India drive demand. Port expansions, new cement plants and highway projects support supply, while fuel costs, trade policies, quarrying rules and shipping controls cause price swings.
Assuming a 10 % regional share of the global aggregates market, the FOB segment was about USD 35.7 billion in 2020 and is forecast to reach USD 62.3 billion by 2031 at a 5.2 % CAGR, with prices rising steadily from 2019 to 2024 and spiking during geopolitical or commodity cycles.
Country segmentation details Oman's limestone concessions and Raysut Cement's ports; the UAE's Fujairah and Ras Al Khaimah hubs; Iran's Semnan and Yazd gypsum mines; and India's Madhya Pradesh, Rajasthan, Odisha and Andhra Pradesh reserves, highlighting export capacity, throughput and regulations.
Product segmentation separates limestone steel grade (40-80 mm), cement grade (10-30 mm), fines, and gypsum plaster and board grades, with purity, moisture and grain size defining pricing tiers and helping suppliers align grades with customer needs.
End-users include steelmakers (flux), cement producers (clinker and set control), construction firms (concrete and infrastructure) and wallboard manufacturers, guiding demand forecasts and tailored pricing.
Distribution splits into bulk FOB shipments-offering volume discounts via conventional vessels-and packaged shipments in bags or containers for quality-sensitive orders, with ports offering bagging facilities commanding premiums.
Key exporters are Raysut Cement and Pioneer Cement in Oman; Power International and Ras Al Khaimah White Cement in the UAE; Iran Gypsum and Samim Derakhshan in Iran; and UltraTech Cement and India Gypsum in India, alongside Gulf Mining, Orex Mining, Chem Marine, Raycoindia Gypsum and Saint-Gobain Gyproc.
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