Oman: Ecg Market 2022

Ecg Market Size in Oman

The Omani ecg market skyrocketed to $X in 2021, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ecg Exports

Exports from Oman

In 2021, the amount of electro-cardiographs exported from Oman skyrocketed to X units, jumping by X% against the previous year. In general, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, ecg exports contracted rapidly to $X in 2021. Over the period under review, exports, however, saw a significant decrease. The growth pace was the most rapid in 2015 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 remained at a lower figure.

Exports by Country

Yemen (X units) was the main destination for ecg exports from Oman, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Yemen was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Yemen was relatively modest.

Export Prices by Country

In 2021, the average ecg export price amounted to $X per unit, reducing by -X% against the previous year. Over the period under review, the export price showed a dramatic decline. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Yemen.

From 2012 to 2021, the rate of growth in terms of prices for Yemen amounted to X% per year.

Ecg Imports

Imports into Oman

Ecg imports into Oman skyrocketed to X units in 2021, rising by X% compared with the year before. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ecg imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate temperate growth. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Bahrain (X units) constituted the largest supplier of ecg to Oman, with a X% share of total imports. Moreover, ecg imports from Bahrain exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Bahrain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and China (+X% per year).

In value terms, China ($X), the United Arab Emirates ($X) and Qatar ($X) constituted the largest ecg suppliers to Oman, with a combined X% share of total imports.

Among the main suppliers, Qatar, with a CAGR of +X%, recorded the highest growth rate of 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

In 2021, the average ecg import price amounted to $X per unit, waning by -X% against the previous year. Overall, the import price faced a dramatic setback. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then contracted markedly in the following year.

Prices varied noticeably countryorigin: the country with the highest price was Qatar ($X per unit), while the price for Bahrain ($X per unit) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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