Oman: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Oman

In 2021, the Omani chemical contraceptive preparations market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption showed buoyant growth. Chemical contraceptive preparations consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Chemical Contraceptive Preparations Production in Oman

In value terms, chemical contraceptive preparations production shrank slightly to $X in 2021 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.3% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 52% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Chemical Contraceptive Preparations Exports

Exports from Oman

After two years of growth, shipments abroad of chemical contraceptive preparations based on hormones or spermicides decreased by -25.3% to X tons in 2021. Overall, exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2013 when exports increased by 118% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, chemical contraceptive preparations exports contracted remarkably to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 117%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for chemical contraceptive preparations exports from Oman, with a 82% share of total exports. Moreover, chemical contraceptive preparations exports to Germany exceeded the volume sent to the second major destination, France (X tons), more than tenfold. Russia (X kg) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-5.2% per year) and Russia (-7.2% per year).

In value terms, Germany ($X) remains the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Oman, comprising 79% of total exports. The second position in the ranking was held by Russia ($X), with a 5% share of total exports. It was followed by France, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+2.3% per year) and France (-13.9% per year).

Export Prices by Country

The average chemical contraceptive preparations export price stood at $X per ton in 2021, falling by -21.8% against the previous year. Over the period under review, the export price, however, saw a moderate increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 141% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Chemical Contraceptive Preparations Imports

Imports into Oman

Chemical contraceptive preparations imports into Oman surged to X tons in 2021, increasing by 37% against the year before. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 209% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, chemical contraceptive preparations imports surged to $X in 2021. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by 100% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Qatar (X tons), Germany (X tons) and China (X tons) were the main suppliers of chemical contraceptive preparations imports to Oman, with a combined 51% share of total imports. These countries were followed by the United Arab Emirates, Switzerland, the Netherlands, Turkey, India and Belgium, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +85.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chemical contraceptive preparations suppliers to Oman were Qatar ($X), Germany ($X) and the United Arab Emirates ($X), with a combined 52% share of total imports. Turkey, the Netherlands, Switzerland, Belgium, India and China lagged somewhat behind, together accounting for a further 13%.

Among the main suppliers, Switzerland, with a CAGR of +49.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chemical contraceptive preparations import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 76% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+84.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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