Oman: Smoothing Iron Market 2025

Smoothing Iron Market Size in Oman

The Omani smoothing iron market declined slightly to $X in 2021, waning by -2.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a strong increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Smoothing Iron Exports

Exports from Oman

In 2021, overseas shipments of electric smoothing irons decreased by -0.7% to X units, falling for the fourth consecutive year after two years of growth. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 292,829% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, smoothing iron exports dropped markedly to $X in 2021. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 651,719% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nepal (X units) was the main destination for smoothing iron exports from Oman, accounting for a 47% share of total exports. Moreover, smoothing iron exports to Nepal exceeded the volume sent to the second major destination, Egypt (X units), twofold. The third position in this ranking was held by Tanzania (X units), with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nepal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+55.2% per year) and Tanzania (-48.9% per year).

In value terms, Nepal ($X), Egypt ($X) and Tanzania ($X) were the largest markets for smoothing iron exported from Oman worldwide, together accounting for 83% of total exports.

Egypt, with a CAGR of +43.8%, 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 smoothing iron export price stood at $X per unit in 2021, with a decrease of -18.9% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 116% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Tanzania ($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 Pakistan (+9.4%), while the prices for the other major destinations experienced a decline.

Smoothing Iron Imports

Imports into Oman

In 2021, smoothing iron imports into Oman surged to X units, jumping by 19% compared with the previous year. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 231% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, smoothing iron imports declined to $X in 2021. Overall, imports posted a remarkable increase. The growth pace was the most rapid in 2015 when imports increased by 200%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and Malaysia (X units) were the main suppliers of smoothing iron imports to Oman, with a combined 80% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +67.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest smoothing iron suppliers to Oman were the United Arab Emirates ($X), China ($X) and Japan ($X), together comprising 81% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +65.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average smoothing iron import price stood at $X per unit in 2021, which is down by -22.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, 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 ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :