Oman: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Oman

In 2022, after two years of decline, there was significant growth in the Omani table-tennis equipment market, when its value increased by 15% to $X. Overall, consumption recorded a resilient increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Table-Tennis Equipment Exports

Exports from Oman

In 2022, the amount of articles and equipment for table-tennis exported from Oman surged to X kg, with an increase of 27% compared with 2021 figures. Overall, exports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of 78%. The exports peaked at X kg in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, table-tennis equipment exports shrank rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 90% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg), Qatar (X kg) and Tanzania (X kg) were the main destinations of table-tennis equipment exports from Oman.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +18.2%), while the other leaders experienced mixed trend patterns.

In value terms, Qatar ($X) emerged as the key foreign market for articles and equipment for table-tennis exports from Oman, comprising 63% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 29% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar totaled -13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+19.2% per year) and Tanzania (0.0% per year).

Export Prices by Country

In 2022, the average table-tennis equipment export price amounted to $X per ton, which is down by -39.9% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2015 an increase of 63% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates ($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 Kuwait (+198.9%), while the prices for the other major destinations experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports into Oman

In 2022, supplies from abroad of articles and equipment for table-tennis was finally on the rise to reach X tons after two years of decline. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 475%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, table-tennis equipment imports soared to $X in 2022. Overall, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 427% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest table-tennis equipment supplier to Oman, with a 56% share of total imports. Moreover, table-tennis equipment imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+38.8% per year) and the United Arab Emirates (+3.4% per year).

In value terms, the largest table-tennis equipment suppliers to Oman were India ($X), China ($X) and the United Arab Emirates ($X), together accounting for 72% of total imports.

In terms of the main suppliers, India, with a CAGR of +41.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average table-tennis equipment import price amounted to $X per ton, growing by 8.5% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, table-tennis equipment import price decreased by -9.5% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 68% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :