Oman: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Oman

After two years of growth, the Omani electronic lamp machine market decreased by -19.7% to $X in 2021. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020, and then dropped rapidly in the following year.

Electronic Lamp Machine Exports

Exports from Oman

In 2021, overseas shipments of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -55.5% to X units, falling for the second year in a row after two years of growth. In general, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by 174% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic lamp machine exports plummeted to $X in 2021. Overall, exports, however, saw a tangible increase. The most prominent rate of growth was recorded in 2015 when exports increased by 153%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Yemen (X units) was the main destination for electronic lamp machine exports from Oman, with a 95% share of total exports. Moreover, electronic lamp machine exports to Yemen exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Yemen amounted to +662.0%.

In value terms, Yemen ($X) emerged as the key foreign market for electronic lamp machine exports from Oman, comprising 84% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Yemen totaled +2,210.6%.

Export Prices by Country

The average electronic lamp machine export price stood at $X per unit in 2021, reducing by -10% against the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2013 an increase of 10%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Yemen amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+203.0%), while the prices for the other major destinations experienced mixed trend patterns.

Electronic Lamp Machine Imports

Imports into Oman

In 2021, overseas purchases of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -19.2% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 852%. Over the period under review, imports attained the peak figure at X units in 2020, and then reduced notably in the following year.

In value terms, electronic lamp machine imports reduced remarkably to $X in 2021. Overall, imports showed a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of 780% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then fell rapidly in the following year.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest electronic lamp machine supplier to Oman, accounting for a 81% share of total imports. Moreover, electronic lamp machine imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Italy (X units), sevenfold. France (X units) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+21.9% per year) and France (-3.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of electronic lamp machine to Oman, comprising 51% of total imports. The second position in the ranking was held by Italy ($X), with a 17% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.2% per year) and China (-0.7% per year).

Import Prices by Country

In 2021, the average electronic lamp machine import price amounted to $X per unit, reducing by -15.2% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 109%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+58.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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