Oman - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Oman - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights

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Direction Finding Compass Price in Oman - 2022

Contents:

  1. Direction Finding Compass Price in Oman (CIF) - 2022
  2. Direction Finding Compass Price in Oman (FOB) - 2022
  3. Direction Finding Compass Imports in Oman
  4. Direction Finding Compass Exports in Oman

Direction Finding Compass Price in Oman (CIF) - 2022

In 2022, the average direction finding compass import price amounted to $5.6 per unit, reducing by -9.6% against the previous year. Overall, the import price saw a mild decline. The growth pace was the most rapid in 2018 when the average import price increased by 142% against the previous year. Over the period under review, average import prices reached the maximum at $13 per unit in 2013; however, from 2014 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 States ($188 per unit), while the price for China ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+144.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Direction Finding Compass Price in Oman (FOB) - 2022

In 2021, the average direction finding compass export price amounted to $111 per unit, with a decrease of -8.9% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2018 an increase of 220% against the previous year. Over the period under review, the average export prices hit record highs at $169 per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +2.1% per year.

Direction Finding Compass Imports in Oman

In 2022, purchases abroad of direction finding compasses decreased by -50.7% to 5.7K units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 95% against the previous year. As a result, imports reached the peak of 31K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, direction finding compass imports contracted remarkably to $32K in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 136% against the previous year. As a result, imports reached the peak of $93K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Direction Finding Compass in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.0N/AN/A9.9114.7%
United Arab Emirates7.36.89.28.55.2%
China4.615.97.43.4-9.6%
Netherlands19.30.1N/A2.1-52.3%
TurkeyN/A5.2N/A0.7-63.3%
India6.0N/A0.90.5-56.3%
QatarN/A46.852.80.1-95.4%
Free Zones0.1N/AN/AN/A0%
LuxembourgN/A17.70.5N/A-97.2%
Others1.00.40.56.586.6%
Total39.292.871.231.7-6.8%

Top Suppliers of Direction Finding Compass to Oman in 2022:

  1. China (4764.0 units)
  2. Germany (458.0 units)
  3. United Arab Emirates (305.0 units)
  4. Netherlands (42.0 units)
  5. Turkey (14.0 units)
  6. India (14.0 units)
  7. Qatar (3.0 units)

Direction Finding Compass Exports in Oman

For the third year in a row, Oman recorded decline in overseas shipments of direction finding compasses, which decreased by 99.9% to less than 0.1 units in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The smallest decline of -7.4% was in 2021. Over the period under review, the exports reached the maximum at 379 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, direction finding compass exports dropped remarkably to $819 in 2022. Overall, exports saw a sharp downturn. The smallest decline of -15.7% was in 2021. Over the period under review, the exports reached the maximum at $64K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Direction Finding Compass in Oman (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Kingdom32.16.615.1-31.4%
FranceN/A5.7N/A0%
Others32.15.7N/A-82.2%
Total64.218.015.2-51.3%

Top Export Markets for Direction Finding Compass from Oman in 2022:

  1. United Kingdom (135.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the direction finding compass 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 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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