Oman: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Oman

The Omani liquid dispensing pump market declined to $X in 2021, which is down by -10.6% 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). In general, consumption continues to indicate a noticeable contraction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Liquid Dispensing Pump Exports

Exports from Oman

In 2021, overseas shipments of pumps for dispensing liquids increased by 35% to X units, rising for the fifth consecutive year after three years of decline. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 809% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, liquid dispensing pump exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 285%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Saudi Arabia (X units), the United Arab Emirates (X units) and Yemen (X units) were the main destinations of liquid dispensing pump exports from Oman, with a combined 92% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Yemen (with a CAGR of +66.7%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for pumps for dispensing liquids exports from Oman, comprising 65% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Egypt, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia stood at +43.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+16.3% per year) and Egypt (+23.7% per year).

Export Prices by Country

The average liquid dispensing pump export price stood at $X per unit in 2021, declining by -9.9% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 291% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Egypt ($X per unit), while the average price for exports to Yemen ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports into Oman

After two years of growth, supplies from abroad of pumps for dispensing liquids decreased by -13.8% to X units in 2021. In general, imports recorded a mild descent. The growth pace was the most rapid in 2015 when imports increased by 92% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, liquid dispensing pump imports contracted to $X in 2021. Over the period under review, imports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 116%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest liquid dispensing pump supplier to Oman, accounting for a 70% share of total imports. Moreover, liquid dispensing pump imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Japan (X units), fivefold. Qatar (X units) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+20.7% per year) and Qatar (+13.8% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of pumps for dispensing liquids to Oman, comprising 53% of total imports. The second position in the ranking was held by Japan ($X), with a 26% share of total imports. It was followed by Qatar, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+15.1% per year) and Qatar (+14.2% per year).

Import Prices by Country

The average liquid dispensing pump import price stood at $X per unit in 2021, with an increase of 9.6% against the previous year. In general, the import price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2019 an increase of 51%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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