Oman: Electric Radiator Market 2025

Electric Radiator Market Size in Oman

In 2021, the Omani electric radiator market decreased by -0.2% to $X, falling for the third year in a row after three years of growth. In general, consumption, however, recorded a deep reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electric Radiator Exports

Exports from Oman

In 2021, the amount of electric radiators and convection heaters exported from Oman was estimated at X units, increasing by 6.4% against 2020. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,070% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, electric radiator exports contracted to $X in 2021. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 824% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

Kuwait (X units), the United Arab Emirates (X units) and Bahrain (X units) were the main destinations of electric radiator exports from Oman, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +87.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric radiator exported from Oman were the United Arab Emirates ($X), Kuwait ($X) and Bahrain ($X), with a combined 99% share of total exports.

The United Arab Emirates, with a CAGR of +73.7%, recorded the highest rates of growth with regard to 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 electric radiator export price stood at $X per unit in 2021, reducing by -10.9% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 75% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Radiator Imports

Imports into Oman

In 2021, imports of electric radiators and convection heaters into Oman expanded sharply to X units, rising by 6.3% against the previous year. Overall, imports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 61%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, electric radiator imports dropped to $X in 2021. Over the period under review, imports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 when imports increased by 110% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and the UK (X units) were the main suppliers of electric radiator imports to Oman, together accounting for 72% of total imports. These countries were followed by Spain, Luxembourg, Germany, Qatar and Saudi Arabia, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +1,019.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and the UK ($X) constituted the largest electric radiator suppliers to Oman, with a combined 65% share of total imports. These countries were followed by Luxembourg, Germany, Qatar, Spain and Saudi Arabia, which together accounted for a further 15%.

Luxembourg, with a CAGR of +686.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electric radiator import price amounted to $X per unit, falling by -18% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 211%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :