Oman: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Oman

The Omani market for electro-thermic appliances or domestic purposes totaled $X in 2021, growing by 6.4% 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). Overall, consumption, however, continues to indicate a significant expansion. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Oman

In 2021, approx. X units of electro-thermic appliances or domestic purposes were exported from Oman; increasing by 205% on the previous year. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electro-thermic appliances or domestic purposes exports skyrocketed to $X in 2021. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Qatar (X units) was the main destination for electro-thermic appliances or domestic purposes exports from Oman, accounting for a 76% share of total exports. Moreover, electro-thermic appliances or domestic purposes exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Qatar amounted to +92.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Iran (+78.9% per year).

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar amounted to +94.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Iran (+80.0% per year).

Export Prices by Country

In 2021, the average export price for electro-thermic appliances or domestic purposes amounted to $X per unit, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Iran ($X per unit), while the average price for exports to Qatar ($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 (+0.8%).

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Oman

In 2021, the amount of electro-thermic appliances or domestic purposes imported into Oman expanded to X units, growing by 2.5% against the year before. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 76% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, electro-thermic appliances or domestic purposes imports expanded sharply to $X in 2021. Overall, imports saw a strong increase. The growth pace was the most rapid in 2018 when imports increased by 68% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The United Arab Emirates (X units), China (X units) and Saudi Arabia (X units) were the main suppliers of electro-thermic appliances or domestic purposes imports to Oman, together comprising 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +141.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electro-thermic appliances or domestic purposes suppliers to Oman were the United Arab Emirates ($X), China ($X) and Saudi Arabia ($X), with a combined 96% share of total imports.

Saudi Arabia, with a CAGR of +181.0%, saw the highest rates of growth with regard to 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

The average import price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, increasing by 12% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Saudi Arabia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+16.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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