Oman: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Oman

The Omani inflator system airbag market reduced slightly to $X in 2022, waning by -4.5% against the previous year. Over the period under review, consumption, however, continues to indicate a significant expansion. Inflator system airbag consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Inflator System Airbag Production in Oman

In value terms, inflator system airbag production contracted to $X in 2022 estimated in export price. Overall, production, however, showed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 92% against the previous year. Inflator system airbag production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Inflator System Airbag Exports

Exports from Oman

In 2022, shipments abroad of airbags with inflator system and parts thereof increased by 55% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 7,707%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, inflator system airbag exports surged to $X in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2018 with an increase of 4,210% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X tons), Singapore (X tons) and Australia (X kg) were the main destinations of inflator system airbag exports from Oman, with a combined 59% share of total exports. The United Arab Emirates, the United States, Qatar and South Korea lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +93.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Japan ($X) and Singapore ($X) were the largest markets for inflator system airbag exported from Oman worldwide, with a combined 55% share of total exports. The United Arab Emirates, Australia, the United States and South Korea lagged somewhat behind, together comprising a further 41%.

The United Arab Emirates, with a CAGR of +88.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average inflator system airbag export price stood at $X per ton in 2022, which is down by -13.4% against the previous year. Overall, the export price, however, posted a modest increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+156.6%), while the prices for the other major destinations experienced more modest paces of growth.

Inflator System Airbag Imports

Imports into Oman

In 2022, overseas purchases of airbags with inflator system and parts thereof increased by 7.7% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a perceptible increase. The growth pace was the most rapid in 2015 when imports increased by 68% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, inflator system airbag imports totaled $X in 2022. Overall, imports, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by 43% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Australia (X tons) and Japan (X kg) were the main suppliers of inflator system airbag imports to Oman, together comprising 80% of total imports. Qatar, Singapore, China and the United States lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Qatar (with a CAGR of +45.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of airbags with inflator system and parts thereof to Oman, comprising 54% of total imports. The second position in the ranking was taken by Japan ($X), with a 13% share of total imports. It was followed by Singapore, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +24.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-19.3% per year) and Singapore (+11.9% per year).

Import Prices by Country

The average inflator system airbag import price stood at $X per ton in 2022, shrinking by -3.2% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+83.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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