Oman: Non-Electric Motor Handtools Market 2025

Non-Electric Motor Handtools Market Size in Oman

In 2022, the Omani non-electric motor handtools market increased by 6.8% to $X, rising for the sixth consecutive year after four years of decline. In general, consumption recorded a notable increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Non-Electric Motor Handtools Exports

Exports from Oman

In 2022, approx. X units of handtools, hydraulic or with a self-contained non-electric motor were exported from Oman; which is down by -47.9% against 2021. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,806%. As a result, the exports attained the peak of X units, and then fell markedly in the following year.

In value terms, non-electric motor handtools exports dropped dramatically to $X in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,249% against the previous year. As a result, the exports reached the peak of $X, and then fell significantly in the following year.

Exports by Country

The United Arab Emirates (X units) was the main destination for non-electric motor handtools exports from Oman, accounting for a 54% share of total exports. Moreover, non-electric motor handtools exports to the United Arab Emirates exceeded the volume sent to the second major destination, Denmark (X units), threefold. Switzerland (X units) ranked third in terms of total exports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at +76.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (0.0% per year) and Switzerland (+47.3% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for handtools, hydraulic or with a self-contained non-electric motor exports from Oman, comprising 58% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 9.7% share of total exports. It was followed by Denmark, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled +76.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+4.2% per year) and Denmark (0.0% per year).

Export Prices by Country

In 2022, the average non-electric motor handtools export price amounted to $X per unit, increasing by 3.1% against the previous year. In general, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 27% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 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 Saudi Arabia ($X per unit), while the average price for exports to Qatar ($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 the United Arab Emirates (-0.2%), while the prices for the other major destinations experienced a decline.

Non-Electric Motor Handtools Imports

Imports into Oman

For the third consecutive year, Oman recorded growth in supplies from abroad of handtools, hydraulic or with a self-contained non-electric motor, which increased by 4.1% to X units in 2022. Over the period under review, imports posted resilient growth. The pace of growth was the most pronounced in 2017 with an increase of 54%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, non-electric motor handtools imports contracted slightly to $X in 2022. In general, total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.8% 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 -5.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X units), the United Arab Emirates (X units) and the UK (X units) were the main suppliers of non-electric motor handtools imports to Oman, together comprising 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +33.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the United Arab Emirates ($X) and the UK ($X) appeared to be the largest non-electric motor handtools suppliers to Oman, together accounting for 42% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +30.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric motor handtools import price stood at $X per unit in 2022, waning by -7.3% against the previous year. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 47%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

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 Malaysia ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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