Oman: Test Bench Market 2025

Test Bench Market Size in Oman

The Omani test bench market declined to $X in 2022, which is down by -6.7% 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). In general, consumption, however, continues to indicate a significant increase. Test bench consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Test Bench Exports

Exports from Oman

For the third year in a row, Oman recorded growth in shipments abroad of test benches, which increased by 16% to X units in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 367% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, test bench exports surged to $X in 2022. Overall, exports showed a perceptible increase. The growth pace was the most rapid in 2020 when exports increased by 664% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for test bench exports from Oman, accounting for a 86% share of total exports. Moreover, test bench exports to the United Arab Emirates exceeded the volume sent to the second major destination, the Czech Republic (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to +38.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (0.0% per year) and Italy (0.0% per year).

In value terms, Italy ($X), the United Arab Emirates ($X) and the Czech Republic ($X) were the largest markets for test bench exported from Oman worldwide, with a combined 54% share of total exports.

The United Arab Emirates, with a CAGR of +11.8%, 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

The average test bench export price stood at $X per unit in 2022, with an increase of 5.7% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 an increase of 115%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the United Arab Emirates ($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 Italy (+10.5%), while the prices for the other major destinations experienced a decline.

Test Bench Imports

Imports into Oman

Test bench imports into Oman was estimated at X units in 2022, approximately reflecting the year before. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 264% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, test bench imports fell to $X in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2014 when imports increased by 330%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of test bench to Oman, with a 61% share of total imports. Moreover, test bench imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was held by Italy (X units), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled +109.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+54.5% per year) and Italy (+40.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of test benches to Oman, comprising 55% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by the UK, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +130.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+65.5% per year) and the UK (+103.2% per year).

Import Prices by Country

The average test bench import price stood at $X per unit in 2022, dropping by -10.1% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, test bench import price increased by +13.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 47% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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