Report Update Nov 1, 2024

Oman - Timers - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Timer Market 2024

Timer Market Size in Oman

The Omani timer market contracted to $X in 2022, which is down by -11% against the previous year. Overall, consumption showed a mild contraction. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Timer Production in Oman

In value terms, timer production shrank to $X in 2022 estimated in export price. In general, production showed a mild slump. The pace of growth appeared the most rapid in 2019 with an increase of 51% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Timer Exports

Exports from Oman

In 2022, overseas shipments of timers decreased by -7.5% to X units, falling for the third consecutive year after two years of growth. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 413%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, timer exports surged to $X in 2022. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of 668% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Qatar (X units) was the main destination for timer exports from Oman, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar totaled +17.3%.

In value terms, Qatar ($X) also remains the key foreign market for timers exports from Oman.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar stood at +6.3%.

Export Prices by Country

In 2022, the average timer export price amounted to $X per unit, picking up by 52% against the previous year. In general, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2020 when the average export price increased by 64% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -9.4% per year.

Timer Imports

Imports into Oman

Timer imports into Oman fell markedly to X units in 2022, which is down by -31.6% against the year before. Overall, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 333%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, timer imports declined notably to $X in 2022. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 301% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) was the main supplier of timer to Oman, with a 93% share of total imports. It was followed by Hong Kong SAR (X units), with a 1.1% share of total imports. India (X units) ranked third in terms of total imports with a 0.4% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-21.3% per year) and India (-31.2% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of timers to Oman, comprising 76% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 3.3% share of total imports. It was followed by Japan, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +32.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-9.1% per year) and Japan (-8.9% per year).

Import Prices by Country

In 2022, the average timer import price amounted to $X per unit, waning by -1.7% against the previous year. In general, the import price, however, saw modest growth. The growth pace was the most rapid in 2019 an increase of 178%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+58.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for timers in the world?

South Africa constituted the country with the largest volume of timer consumption, accounting for 25% of total volume. Moreover, timer consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by China, with a 7.3% share.

What are the largest producers of timers in the world?

China constituted the country with the largest volume of timer production, accounting for 46% of total volume. Moreover, timer production in China exceeded the figures recorded by the second-largest producer, France, fourfold. The third position in this ranking was occupied by the United States, with a 7.5% share.

What are the leading suppliers of timers to Oman?

In value terms, the United States, the United Arab Emirates and Japan constituted the largest timer suppliers to Oman, with a combined 64% share of total imports. Thailand and China lagged somewhat behind, together comprising a further 4.1%.

What is the average export price for timers in Oman?

In 2019, the average timer export price amounted to $228 per unit, picking up by 261% against the previous year.

What is the average import price for timers in Oman?

In 2021, the average timer import price amounted to $18 per unit, waning by -19.2% against the previous year.

This report provides an in-depth analysis of the timer market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26522810 - Time-registers and time-recorders

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023