Oman: Vices And Clamps Market 2025

Vices And Clamps Market Size in Oman

The Omani vices and clamps market dropped to $X in 2022, declining by -8.8% against the previous year. Over the period under review, consumption showed a mild downturn. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Vices And Clamps Production in Oman

In value terms, vices and clamps production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of 195%. Vices and clamps production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vices And Clamps Exports

Exports from Oman

Vices and clamps exports from Oman surged to X tons in 2022, growing by 119% compared with 2021 figures. Overall, exports showed resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 662% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vices and clamps exports skyrocketed to $X in 2022. In general, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 466% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Qatar (X tons), the United Arab Emirates (X tons) and Kuwait (X tons) were the main destinations of vices and clamps exports from Oman, with a combined 88% share of total exports. The United States, Saudi Arabia and Tanzania lagged somewhat behind, together comprising a further 9.4%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +63.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Qatar ($X) and the United States ($X) were the largest markets for vices and clamps exported from Oman worldwide, with a combined 77% share of total exports.

The United States, with a CAGR of +48.0%, saw the highest rates of growth with regard to the value of exports, among 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 vices and clamps export price stood at $X per ton in 2022, falling by -22.8% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 143%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+47.6%), while the prices for the other major destinations experienced more modest paces of growth.

Vices And Clamps Imports

Imports into Oman

In 2022, the amount of vices and clamps imported into Oman reduced modestly to X tons, remaining relatively unchanged against the year before. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2016 with an increase of 136% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, vices and clamps imports surged to $X in 2022. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 103% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of vices and clamps to Oman, accounting for a 67% share of total imports. Moreover, vices and clamps imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was taken by Malaysia (X tons), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.2% per year) and Malaysia (+79.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of vices and clamps to Oman, comprising 54% of total imports. The second position in the ranking was taken by Qatar ($X), with a 10% share of total imports. It was followed by Malaysia, with a 6.7% share.

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: Qatar (+16.1% per year) and Malaysia (+75.9% per year).

Import Prices by Country

In 2022, the average vices and clamps import price amounted to $X per ton, picking up by 19% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vices and clamps import price decreased by -13.0% against 2020 indices. The growth pace was the most rapid in 2020 when the average import price increased by 59% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 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 Qatar ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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