Oman: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Oman

The Omani telephone apparatus market rose slightly to $X in 2022, increasing by 2.3% 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). Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Telephone Apparatus Exports

Exports from Oman

In 2022, overseas shipments of telephone apparatus increased by 6.8% to X tons, rising for the third consecutive year after two years of decline. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 2,378% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, telephone apparatus exports declined modestly to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 591%. The exports peaked at $X in 2021, and then reduced modestly in the following year.

Exports by Country

Yemen (X tons) was the main destination for telephone apparatus exports from Oman, with a 245% share of total exports. Moreover, telephone apparatus exports to Yemen exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sevenfold. The third position in this ranking was held by Somalia (X tons), with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Yemen totaled +390.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+125.2% per year) and Somalia (+90.1% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for telephone apparatus exports from Oman, comprising 65% of total exports. The second position in the ranking was taken by Yemen ($X), with a 6.7% share of total exports. It was followed by Bahrain, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to +146.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+204.7% per year) and Bahrain (+440.2% per year).

Export Prices by Country

The average telephone apparatus export price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the export price posted a strong expansion. The growth pace was the most rapid in 2014 when the average export price increased by 259% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Yemen ($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 Bahrain (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Oman

Telephone apparatus imports into Oman dropped modestly to X tons in 2022, approximately equating the previous year's figure. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +8.3% 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 -1.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 59%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports rose remarkably to $X in 2022. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 43%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Qatar (X tons) were the main suppliers of telephone apparatus imports to Oman, with a combined 61% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +132.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of telephone apparatus to Oman, comprising 68% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.0% per year) and Turkey (+121.1% per year).

Import Prices by Country

The average telephone apparatus import price stood at $X per ton in 2021, waning by -9.7% against the previous year. Over the period under review, the import price showed a mild setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 53% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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