Oman - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Oman - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Lighting Equipment for Motor Vehicles in Oman - 2021

Contents:

  1. Price for Lighting Equipment for Motor Vehicles in Oman (CIF) - 2022
  2. Price for Lighting Equipment for Motor Vehicles in Oman (FOB) - 2022
  3. Imports of Lighting Equipment for Motor Vehicles in Oman
  4. Exports of Lighting Equipment for Motor Vehicles in Oman

Price for Lighting Equipment for Motor Vehicles in Oman (CIF) - 2022

The average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles stood at $49 per unit in 2022, shrinking by -12.5% against the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 49% against the previous year. Over the period under review, average import prices reached the peak figure at $56 per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($166 per unit), while the price for Malaysia ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lighting Equipment for Motor Vehicles in Oman (FOB) - 2022

In 2022, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $18 per unit, reducing by -20.4% against the previous year. Overall, the export price, however, recorded strong growth. The pace of growth appeared the most rapid in 2013 an increase of 134% against the previous year. The export price peaked at $23 per unit in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($94 per unit), while the average price for exports to Iran ($2.1 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 Singapore (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lighting Equipment for Motor Vehicles in Oman

In 2022, approx. 252K units of electrical lighting or visual signaling equipment for motor vehicles and cycles were imported into Oman; with a decrease of -5% compared with the previous year. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 6.5%. Over the period under review, imports hit record highs at 387K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, lighting equipment for motor vehicles imports reduced markedly to $12M in 2022. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of $15M, and then declined sharply in the following year.

Import of Lighting Equipment for Motor Vehicles in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,0023,7814,7015,99181.5%
United Arab Emirates3,7533,4606,4853,129-5.9%
China22522241171246.8%
United States76.157769754993.2%
Thailand58.663674143595.1%
Taiwan (Chinese)415139633369-3.8%
Germany27161.949.32902.3%
India2.97.524.9128253.4%
United Kingdom23984.618695.4-26.4%
Ireland1.299.617.071.0289.7%
France1.22.12.561.5271.4%
Malaysia14.20.426.815.83.6%
Free Zones4,223N/AN/AN/A0%
Others4407578544823.1%
Total10,7229,82714,82812,3284.8%

Top Suppliers of Lighting Equipment for Motor Vehicles to Oman in 2022:

  1. United Arab Emirates (80.5K units)
  2. China (49.9K units)
  3. Japan (36.2K units)
  4. Taiwan (Chinese) (30.5K units)
  5. United Kingdom (8.3K units)
  6. France (5.8K units)
  7. Thailand (5.1K units)
  8. Ireland (5.0K units)
  9. India (4.9K units)
  10. Germany (4.8K units)
  11. Malaysia (4.3K units)
  12. United States (4.2K units)

Exports of Lighting Equipment for Motor Vehicles in Oman

Lighting equipment for motor vehicles exports from Oman soared to 132K units in 2022, growing by 70% on the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.2% against 2020 indices. Over the period under review, the exports attained the peak figure at 147K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, lighting equipment for motor vehicles exports soared to $2.4M in 2022. Overall, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.8% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 41%. As a result, the exports attained the peak of $3M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Lighting Equipment for Motor Vehicles in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore48.3302200745148.9%
Thailand13816260.825723.0%
United States11726429.119218.0%
Australia5.5153128184222.2%
Hong Kong SAR11812717616211.1%
Qatar11711424.21262.5%
China6.527.724.791.9141.8%
Yemen0.923.824.289.6363.5%
New Zealand11.016.812.262.978.8%
South Korea0.223.415.457.3559.2%
Bulgaria4.813.79.153.7123.7%
Somalia20.689.76.749.634.0%
Iran8.39.85.219.432.7%
Others1,5331,6781,040290-42.6%
Total2,1303,0051,7562,3813.8%

Top Export Markets for Lighting Equipment for Motor Vehicles from Oman in 2022:

  1. United States (27.6K units)
  2. Thailand (17.3K units)
  3. Australia (12.4K units)
  4. Iran (9.1K units)
  5. Qatar (8.8K units)
  6. Singapore (8.0K units)
  7. China (6.2K units)
  8. Yemen (6.0K units)
  9. New Zealand (4.2K units)
  10. South Korea (3.9K units)
  11. Bulgaria (3.6K units)
  12. Hong Kong SAR (3.5K units)
  13. Somalia (3.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
  • Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles

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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