Oman: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Oman

The Omani household sewing machine market contracted dramatically to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, posted tangible growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Household Sewing Machine Production in Oman

In value terms, household sewing machine production reached $X in 2022 estimated in export price. Over the period under review, production, however, posted measured growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Household sewing machine production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Household Sewing Machine Exports

Exports from Oman

In 2022, overseas shipments of household sewing machines increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, household sewing machine exports skyrocketed to $X in 2022. Overall, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Iran (X units) was the main destination for household sewing machine exports from Oman, accounting for a X% share of total exports. Moreover, household sewing machine exports to Iran exceeded the volume sent to the second major destination, Yemen (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Iran totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and the United Arab Emirates (X.1% per year).

In value terms, Iran ($X) remains the key foreign market for household sewing machines exports from Oman, comprising X% of total exports. The second position in the ranking was held by Yemen ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average household sewing machine export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Yemen ($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 Qatar (X%), while the prices for the other major destinations experienced mixed trend patterns.

Household Sewing Machine Imports

Imports into Oman

In 2022, household sewing machine imports into Oman dropped remarkably to X units, falling by X% compared with the year before. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, household sewing machine imports declined rapidly to $X in 2022. Over the period under review, imports recorded a perceptible slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest household sewing machine supplier to Oman, with a X% share of total imports. Moreover, household sewing machine imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Thailand (X units), threefold. The third position in this ranking was held by Vietnam (X units), with a X% share.

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

In value terms, the United Arab Emirates ($X) constituted the largest supplier of household sewing machines to Oman, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

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

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, household sewing machine import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2021, and then contracted modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($X per unit) and Thailand ($X per unit), while the price for China ($X per unit) and India ($X per unit) were amongst the lowest.

From 2012 to 2022, 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 Platform

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