Oman: Braces And Garters Market 2025

Braces And Garters Market Size in Oman

The Omani braces and garters market rose sharply to $X in 2022, surging by 11% against the previous year. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Braces And Garters Production in Oman

In value terms, braces and garters production expanded remarkably to $X in 2022 estimated in export price. Overall, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 71%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Braces And Garters Exports

Exports from Oman

In 2022, the amount of braces, suspenders and garters exported from Oman plummeted to X units, with a decrease of -69.4% compared with the previous year. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2017 when exports increased by 41,834%. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted sharply in the following year.

In value terms, braces and garters exports reduced rapidly to $X in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 41,080% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Qatar (X units) was the main destination for braces and garters exports from Oman, accounting for a 91% share of total exports. Moreover, braces and garters exports to Qatar exceeded the volume sent to the second major destination, the UK (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to +81.3%.

In value terms, Qatar ($X) emerged as the key foreign market for braces, suspenders and garters exports from Oman, comprising 85% of total exports. The second position in the ranking was taken by the UK ($X), with a 6.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled +55.2%.

Export Prices by Country

In 2022, the average braces and garters export price amounted to $X per unit, picking up by 143% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to the UK amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-14.6%).

Braces And Garters Imports

Imports into Oman

In 2022, approx. X units of braces, suspenders and garters were imported into Oman; with a decrease of -2% on the year before. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 210% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, braces and garters imports declined remarkably to $X in 2022. Overall, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 205%. Imports peaked at $X in 2021, and then declined significantly in the following year.

Imports by Country

China (X units), Syrian Arab Republic (X units) and the United Arab Emirates (X units) were the main suppliers of braces and garters imports to Oman, together comprising 59% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +62.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest braces and garters suppliers to Oman were the United Arab Emirates ($X), India ($X) and the United States ($X), together comprising 64% of total imports. China, Syrian Arab Republic, Egypt and Saudi Arabia lagged somewhat behind, together comprising a further 17%.

China, with a CAGR of +51.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average braces and garters import price stood at $X per unit in 2022, dropping by -13.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 43%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 India ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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