Oman: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in Oman

The Omani pliers and pincers market dropped sharply to $X in 2021, which is down by -20.7% 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). Over the period under review, consumption, however, continues to indicate buoyant growth. As a result, consumption reached the peak level of $X, and then reduced markedly in the following year.

Pliers And Pincers Exports

Exports from Oman

In 2021, the amount of pliers, pincers and tweezers for nonmedical use exported from Oman skyrocketed to X tons, with an increase of 26% against the previous year. In general, exports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 659% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, pliers and pincers exports dropped to $X in 2021. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2017 with an increase of 1,078%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for pliers and pincers exports from Oman, accounting for a 79% share of total exports. Moreover, pliers and pincers exports to Qatar exceeded the volume sent to the second major destination, Somalia (X kg), sevenfold. The third position in this ranking was taken by Canada (X kg), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Qatar totaled -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+30.6% per year) and Canada (+52.9% per year).

In value terms, Qatar ($X) remains the key foreign market for pliers, pincers and tweezers for nonmedical use exports from Oman, comprising 78% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.6% share of total exports. It was followed by Somalia, with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar totaled +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+33.7% per year) and Somalia (+40.3% per year).

Export Prices by Country

In 2021, the average pliers and pincers export price amounted to $X per ton, declining by -28.1% against the previous year. Overall, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 57%. As a result, the export price reached the peak level of $X per ton, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Somalia ($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 Iran (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into Oman

In 2021, the amount of pliers, pincers and tweezers for nonmedical use imported into Oman reduced dramatically to X tons, shrinking by -24.2% compared with the previous year. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by 129% against the previous year. Imports peaked at X tons in 2020, and then contracted notably in the following year.

In value terms, pliers and pincers imports fell slightly to $X in 2021. In general, imports, however, saw notable growth. The pace of growth appeared the most rapid in 2020 with an increase of 68% against the previous year. As a result, imports reached the peak of $X, and then shrank modestly in the following year.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of pliers and pincers to Oman, with a 72% share of total imports. Moreover, pliers and pincers imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. South Africa (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +42.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.9% per year) and South Africa (+49.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of pliers, pincers and tweezers for nonmedical use to Oman, comprising 63% of total imports. The second position in the ranking was taken by China ($X), with an 8.2% share of total imports. It was followed by South Africa, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.2% per year) and South Africa (+15.4% per year).

Import Prices by Country

The average pliers and pincers import price stood at $X per ton in 2021, picking up by 27% against the previous year. In general, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat 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 South Africa ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :