Oman: Printing Press Market 2024

Printing Press Market Size in Oman

In 2022, the Omani printing press market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a pronounced decrease. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Printing Press Production in Oman

In value terms, printing press production contracted to $X in 2022 estimated in export price. Overall, production saw a deep setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by 3,279%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Printing Press Exports

Exports from Oman

In 2022, exports of printing presses from Oman contracted sharply to X units, reducing by -42.3% compared with the year before. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 1,256% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, printing press exports dropped remarkably to $X in 2022. In general, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 1,111% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units), Qatar (X units) and India (X units) were the main destinations of printing press exports from Oman, together comprising 86% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +23.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for printing press exported from Oman were India ($X), the United Arab Emirates ($X) and Qatar ($X), together accounting for 79% of total exports. Yemen, Tanzania and Iran lagged somewhat behind, together comprising a further 13%.

Tanzania, with a CAGR of +32.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average printing press export price amounted to $X per unit, dropping by -71.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 9,583% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 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 Yemen ($X per unit), while the average price for exports to Iran ($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 Tanzania (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Oman

In 2022, after two years of decline, there was significant growth in overseas purchases of printing presses, when their volume increased by 23% to X units. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by 155% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, printing press imports fell to $X in 2022. In general, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when imports increased by 125%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of printing press to Oman, accounting for a 33% share of total imports. Moreover, printing press imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Switzerland (X units), threefold. The UK (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+38.5% per year) and the UK (+0.7% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of printing presses to Oman, comprising 31% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 12% share of total imports. It was followed by the UK, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+57.0% per year) and the UK (+0.7% per year).

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, with a decrease of -27.6% against the previous year. In general, the import price, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2016 an increase of 168%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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