Oman: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in Oman

The Omani wooden frame non-upholstered seat market fell to $X in 2022, waning by -13.2% 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 resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.9% 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 +19.9% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Oman

Wooden frame non-upholstered seat exports from Oman soared to X units in 2022, picking up by 256% against the year before. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 3,013% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports soared to $X in 2022. Over the period under review, exports posted a perceptible expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 1,918%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for wooden frame non-upholstered seat exports from Oman, accounting for a 97% share of total exports. Moreover, wooden frame non-upholstered seat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Azerbaijan (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +46.2%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Oman, comprising 94% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 6.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +39.6%.

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, surging by 6.5% against the previous year. Over the period under review, the export price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 13%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+4.4%), while the prices for the other major destinations experienced a decline.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Oman

Wooden frame non-upholstered seat imports into Oman was estimated at X units in 2022, growing by 1.8% on 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% 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 -24.9% against 2017 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, wooden frame non-upholstered seat imports shrank to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.6% 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 +18.3% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 49%. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, the United Arab Emirates (X units) was the main wooden frame non-upholstered seat supplier to Oman, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +29.9%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Oman.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at +38.1%.

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, declining by -7.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2018 an increase of 30%. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then dropped in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +6.3% per year.

Source: IndexBox Platform

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