Oman: Personal Spectacle Optics Market 2024

Personal Spectacle Optics Market Size in Oman

In 2022, the Omani personal spectacle optics market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption enjoyed a remarkable increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Personal Spectacle Optics Exports

Exports from Oman

After three years of decline, shipments abroad of personal spectacle optics increased by X% to X units in 2022. Overall, exports enjoyed a strong increase. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, personal spectacle optics exports surged to $X in 2022. In general, exports showed a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Qatar (X units) was the main destination for personal spectacle optics exports from Oman, with a X% share of total exports. Moreover, personal spectacle optics exports to Qatar exceeded the volume sent to the second major destination, Yemen (X units), more than tenfold. Iran (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and Iran (X% per year).

In value terms, Qatar ($X) remains the key foreign market for personal spectacle optics exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average personal spectacle optics export price amounted to $X per unit, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Yemen ($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 Qatar (X%), while the prices for the other major destinations experienced a decline.

Personal Spectacle Optics Imports

Imports into Oman

In 2022, the amount of personal spectacle optics imported into Oman soared to X units, rising by X% against 2021. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, personal spectacle optics imports expanded markedly to $X in 2022. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), China (X units) and the UK (X units) were the main suppliers of personal spectacle optics imports to Oman, with a combined X% share of total imports. Mauritius, Qatar, the United States, Italy, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further X%.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average personal spectacle optics import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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