Umbrella Price in Oman - 2021

Contents:

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

Umbrella Price in Oman (CIF) - 2022

In 2022, the average umbrella import price amounted to $17 per unit, falling by -24.5% against the previous year. In general, the import price, however, recorded a moderate expansion. The growth pace was the most rapid in 2021 when the average import price increased by 118% against the previous year. As a result, import price reached the peak level of $22 per unit, and then fell notably in the following year.

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 the United Arab Emirates ($25 per unit), while the price for Spain ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Umbrella Price in Oman (FOB) - 2022

The average umbrella export price stood at $9 per unit in 2022, reducing by -23.6% against the previous year. Overall, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 an increase of 90% against the previous year. As a result, the export price reached the peak level of $12 per unit, and then declined remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($27 per unit), while the average price for exports to Iran ($5 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 the United Arab Emirates (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella Imports in Oman

In 2022, umbrella imports into Oman contracted to 46K units, declining by -6.5% compared with the previous year's figure. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Imports peaked at 53K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, umbrella imports shrank notably to $778K in 2022. In general, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 143%. As a result, imports reached the peak of $1.1M, and then fell markedly in the following year.

Import of Umbrella in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates16618743644238.6%
China192104463146-8.7%
Italy20.319.430.027.911.2%
Pakistan6.15.77.17.46.7%
Spain5.95.67.77.26.9%
Denmark6.05.26.36.63.2%
France1.81.72.02.15.3%
Others1101251501398.1%
Total5074541,10277815.3%

Top Suppliers of Umbrella to Oman in 2022:

  1. United Arab Emirates (17.5K units)
  2. Italy (10.7K units)
  3. China (6.9K units)
  4. Spain (3.3K units)
  5. Pakistan (2.8K units)
  6. France (0.8K units)
  7. Denmark (0.7K units)

Umbrella Exports in Oman

In 2022, after two years of decline, there was significant growth in shipments abroad of umbrellas, when their volume increased by 10% to 2.6K units. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at 3.4K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, umbrella exports shrank remarkably to $23K in 2022. Over the period under review, exports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. As a result, the exports attained the peak of $28K, and then contracted significantly in the following year.

Export of Umbrella in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar20.110.414.415.3-8.7%
Iran5.77.32.34.5-7.6%
United Arab Emirates0.50.64.23.285.7%
Saudi ArabiaN/AN/A4.0N/A0%
Others0.50.52.80.4-7.2%
Total26.818.927.723.3-4.6%

Top Export Markets for Umbrella from Oman in 2022:

  1. Qatar (1546.0 units)
  2. Iran (891.0 units)
  3. United Arab Emirates (120.0 units)

Source: IndexBox Market Intelligence Platform

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