Oman: Electric Heating Resistor Market 2024

Electric Heating Resistor Market Size in Oman

After two years of growth, the Omani electric heating resistor market decreased by X% to $X in 2022. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Electric Heating Resistor Exports

Exports from Oman

In 2022, the amount of electric heating resistors exported from Oman dropped dramatically to X units, which is down by X% against 2021. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then shrank markedly in the following year.

In value terms, electric heating resistor exports declined markedly to $X in 2022. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X units), Germany (X units) and the United Arab Emirates (X units) were the main destinations of electric heating resistor exports from Oman, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric heating resistor exported from Oman were Germany ($X), the United Arab Emirates ($X) and Malaysia ($X), with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average electric heating resistor export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price saw a prominent expansion. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Malaysia ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Resistor Imports

Imports into Oman

In 2022, after two years of growth, there was significant decline in supplies from abroad of electric heating resistors, when their volume decreased by X% to X units. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electric heating resistor imports contracted to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of electric heating resistor to Oman, with a X% share of total imports. Moreover, electric heating resistor imports from Italy exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), fourfold. The UK (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

In value terms, Italy ($X) constituted the largest supplier of electric heating resistors to Oman, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Qatar (X% per year).

Import Prices by Country

The average electric heating resistor import price stood at $X per thousand units in 2022, surging by X% against the previous year. Overall, the import price enjoyed a slight increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per thousand units in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Qatar ($X per thousand units), while the price for Italy ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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