Oman: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Oman

The Omani geometrical quantities electronic measurer market totaled $X in 2022, picking up by 2% 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, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.7% against 2019 indices. Geometrical quantities electronic measurer consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Oman

In 2022, geometrical quantities electronic measurer exports from Oman reduced to X units, falling by -3.1% against 2021 figures. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2017 with an increase of 507% against the previous year. The exports peaked at X units in 2021, and then fell modestly in the following year.

In value terms, geometrical quantities electronic measurer exports declined remarkably to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 612%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for geometrical quantities electronic measurer exports from Oman, with a 77% share of total exports. Moreover, geometrical quantities electronic measurer exports to the UK exceeded the volume sent to the second major destination, Qatar (X units), sevenfold. The United Arab Emirates (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +106.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+207.1% per year) and the United Arab Emirates (+35.0% per year).

In value terms, the UK ($X) remains the key foreign market for electronic instruments and machines for measuring geometrical quantities exports from Oman, comprising 73% of total exports. The second position in the ranking was taken by Qatar ($X), with a 12% share of total exports. It was followed by Iran, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +62.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+207.0% per year) and Iran (+84.9% per year).

Export Prices by Country

The average geometrical quantities electronic measurer export price stood at $X per unit in 2022, declining by -19.8% against the previous year. In general, the export price saw a abrupt decrease. The growth pace was the most rapid in 2019 an increase of 115% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-2.4%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Oman

In 2022, supplies from abroad of electronic instruments and machines for measuring geometrical quantities decreased by -0.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +8.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 68%. Over the period under review, imports reached the maximum at X units in 2021, and then fell in the following year.

In value terms, geometrical quantities electronic measurer imports expanded to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 100%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest geometrical quantities electronic measurer supplier to Oman, with a 52% share of total imports. Moreover, geometrical quantities electronic measurer imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Latvia (X units), eightfold. The third position in this ranking was taken by South Korea (X units), with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +25.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+104.2% per year) and South Korea (+56.6% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of electronic instruments and machines for measuring geometrical quantities to Oman, comprising 28% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Qatar, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.0% per year) and Qatar (+64.0% per year).

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, with an increase of 2.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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