Oman: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Oman

The Omani market for spray guns and similar appliances surged to $X in 2022, increasing by 26% 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 enjoyed a mild expansion. Spray guns and similar appliances consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Spray Guns And Similar Appliances

Exports from Oman

After two years of growth, overseas shipments of spray guns and similar appliances decreased by -22.5% to X units in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 631%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances exports declined rapidly to $X in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 845% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for spray guns and similar appliances exports from Oman, accounting for a 77% share of total exports. Moreover, spray guns and similar appliances exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+14.8% per year) and Saudi Arabia (-16.6% per year).

In value terms, the United Arab Emirates ($X), Qatar ($X) and Saudi Arabia ($X) were the largest markets for spray guns and similar appliances exported from Oman worldwide, with a combined 99% share of total exports.

Qatar, with a CAGR of +34.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for spray guns and similar appliances amounted to $X per unit, with an increase of 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to the United Arab Emirates ($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 Iran (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Oman

In 2022, approx. X units of spray guns and similar appliances were imported into Oman; with an increase of 40% against the previous year's figure. Over the period under review, imports saw a noticeable increase. The growth pace was the most rapid in 2017 when imports increased by 183% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, spray guns and similar appliances imports declined to $X in 2022. Overall, imports recorded a slight increase. The growth pace was the most rapid in 2017 with an increase of 123% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X units), China (X units) and India (X units) were the main suppliers of spray guns and similar appliances imports to Oman, with a combined 95% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +79.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of spray guns and similar appliances to Oman, comprising 50% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+69.8% per year) and India (+3.0% per year).

Import Prices by Country

The average import price for spray guns and similar appliances stood at $X per unit in 2022, waning by -34.3% against the previous year. Overall, the import price recorded a mild setback. The growth pace was the most rapid in 2016 when the average import price increased by 141%. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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