Oman: Headphone Market 2022

Headphone Market Size in Oman

After seven years of growth, the Omani headphone market decreased by -X% to $X in 2021. Overall, consumption, however, posted strong growth. Over the period under review, the market attained the maximum level at $X in 2020, and then declined dramatically in the following year.

Headphone Exports

Exports from Oman

In 2021, after four years of growth, there was significant decline in shipments abroad of headphones, when their volume decreased by -X% to X units. Over the period under review, exports, however, saw a moderate increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at X units in 2020, and then declined sharply in the following year.

In value terms, headphone exports reduced to $X in 2021. In general, exports, however, showed a deep setback. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) and Iran (X units) were the main destinations of headphone exports from Oman.

From 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +X value terms, the United Arab Emirates ($X) emerged as the key foreign market for headphone exports from Oman, comprising X% of total exports. The second position in the ranking was occupied by Iran ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +X%.

Export Prices by Country

In 2021, the average headphone export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Iran stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-X%).

Headphone Imports

Imports into Oman

In 2021, after seven years of growth, there was significant decline in overseas purchases of headphones, when their volume decreased by -X% to X units. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X units in 2020, and then fell in the following year.

In value terms, headphone imports reduced dramatically to $X in 2021. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then contracted significantly in the following year.

Imports by Country

The United Arab Emirates (X units) and China (X units) were the main suppliers of headphone imports to Oman.

From 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +X value terms, the United Arab Emirates ($X) constituted the largest supplier of headphone to Oman, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +X%.

Import Prices by Country

The average headphone import price stood at $X per unit in 2021, shrinking by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+X%).

Source: IndexBox Platform