Oman - Glass Rear-View Mirrors for Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOman: Market for Glass Rear-View Mirrors For Vehicles 2024
Market Size for Glass Rear-View Mirrors For Vehicles in Oman
The Omani glass rear-view vehicle mirror market shrank to $X in 2022, stabilizing at 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). Over the period under review, consumption recorded modest growth. Glass rear-view vehicle mirror consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.
Exports of Glass Rear-View Mirrors For Vehicles
Exports from Oman
After ten years of growth, overseas shipments of glass rear-view mirrors for vehicles decreased by -31.5% to X units in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 170%. As a result, the exports attained the peak of X units, and then shrank rapidly in the following year.
In value terms, glass rear-view vehicle mirror exports dropped notably to $X in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of 680% against the previous year. The exports peaked at $X in 2021, and then shrank dramatically in the following year.
Exports by Country
Yemen (X units), the United Arab Emirates (X units) and Hong Kong SAR (X units) were the main destinations of glass rear-view vehicle mirror exports from Oman.
From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +293.6%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for glass rear-view vehicle mirror exported from Oman were the United Arab Emirates ($X), Hong Kong SAR ($X) and Singapore ($X), together accounting for 71% of total exports. Australia, Bangladesh, Somalia and Yemen lagged somewhat behind, together comprising a further 16%.
In terms of the main countries of destination, Australia, with a CAGR of +277.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average glass rear-view vehicle mirror export price amounted to $X per unit, rising by 2.6% against the previous year. Overall, the export price recorded a moderate increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Yemen ($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 the United Arab Emirates (+10.1%), while the prices for the other major destinations experienced a decline.
Imports of Glass Rear-View Mirrors For Vehicles
Imports into Oman
In 2022, approx. X units of glass rear-view mirrors for vehicles were imported into Oman; which is down by -2.5% against the previous year's figure. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 146% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.
In value terms, glass rear-view vehicle mirror imports fell to $X in 2022. Over the period under review, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 71%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.
Imports by Country
China (X units), the United Arab Emirates (X units) and Japan (X units) were the main suppliers of glass rear-view vehicle mirror imports to Oman, with a combined 82% share of total imports. Thailand, Singapore, India and Taiwan (Chinese) lagged somewhat behind, together comprising a further 14%.
From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +7.6%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Japan ($X), the United Arab Emirates ($X) and Thailand ($X) were the largest glass rear-view vehicle mirror suppliers to Oman, together accounting for 84% of total imports.
The United Arab Emirates, with a CAGR of +11.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average glass rear-view vehicle mirror import price stood at $X per unit in 2021, with an increase of 9.5% against the previous year. Overall, the import price, however, faced a drastic downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 104%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($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 the United Arab Emirates (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23121350 - Glass rear-view mirrors for vehicles
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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