Oman: Hedge Shear Market 2025

Hedge Shear Market Size in Oman

In 2021, the Omani hedge shear market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted tangible growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Hedge Shear Exports

Exports from Oman

In 2021, after three years of decline, there was significant growth in shipments abroad of hedge shears and two-handed pruning shears, when their volume increased by 99% to X tons. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2014 with an increase of 1,728% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, hedge shear exports soared to $X in 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 2,974% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for hedge shear exports from Oman, accounting for a 90% share of total exports. Moreover, hedge shear exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates stood at +57.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+5.5% per year) and Iran (+42.7% per year).

In value terms, Qatar ($X) remains the key foreign market for hedge shears and two-handed pruning shears exports from Oman, comprising 85% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar totaled +47.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+30.7% per year) and Iran (-15.3% per year).

Export Prices by Country

The average hedge shear export price stood at $X per ton in 2021, picking up by 17% against the previous year. Overall, the export price, however, saw a slight descent. The most prominent rate of growth was recorded in 2014 an increase of 68% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+39.4%), while the prices for the other major destinations experienced a decline.

Hedge Shear Imports

Imports into Oman

In 2021, after two years of decline, there was significant growth in purchases abroad of hedge shears and two-handed pruning shears, when their volume increased by 70% to X tons. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 116% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, hedge shear imports surged to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of hedge shear to Oman, accounting for a 54% share of total imports. Moreover, hedge shear imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +30.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-3.8% per year) and Taiwan (Chinese) (+23.5% per year).

In value terms, the largest hedge shear suppliers to Oman were China ($X), the United Arab Emirates ($X) and Taiwan (Chinese) ($X), with a combined 60% share of total imports.

Among the main suppliers, China, with a CAGR of +22.1%, saw 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

In 2021, the average hedge shear import price amounted to $X per ton, dropping by -15.5% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 77%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for China ($X per ton) 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 (+6.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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