Oman: Gps Navigator Market 2022

Gps Navigator Market Size in Oman

In 2021, the Omani gps navigator market increased by X% to $X, rising for the fifth year in a row after two years of decline. In general, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Gps navigator consumption peaked in 2021 and is likely to continue growth in the near future.

Gps Navigator Production in Oman

In value terms, gps navigator production declined to $X in 2021 estimated in export price. Over the period under review, production showed a slight descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Gps Navigator Exports

Exports from Oman

After two years of growth, shipments abroad of aeronautical or space navigation instruments and appliances decreased by -X% to X units in 2021. In general, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, gps navigator exports dropped significantly to $X in 2021. Over the period under review, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for gps navigator exports from Oman, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled -X%.

In value terms, the UK ($X) also remains the key foreign market for gps navigator exports from Oman.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to -X%.

Export Prices by Country

In 2021, the average gps navigator export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 -X% per year.

Gps Navigator Imports

Imports into Oman

In 2021, imports of aeronautical or space navigation instruments and appliances into Oman surged to X units, with an increase of X% compared with the previous year. Overall, imports posted a significant increase. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, gps navigator imports reduced markedly to $X in 2021. In general, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest supplier of gps navigator to Oman, with a X% share of total imports. Moreover, gps navigator imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the UK (+X% per year).

In value terms, the United Arab Emirates ($X), Germany ($X) and the UK ($X) constituted the largest gps navigator suppliers to Oman, together comprising X% of total imports.

Among the main suppliers, Germany, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average gps navigator import price stood at $X per unit in 2021, shrinking by -X% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was the UK ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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