Oman: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Oman

In 2022, after two years of growth, there was significant decline in the Omani washing and drying machine market, when its value decreased by X% to $X. Overall, consumption saw a abrupt descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Exports of Household Washing and Drying Machines

Exports from Oman

In 2022, the amount of household washing and drying machines exported from Oman shrank to X units, declining by X% on 2021. Overall, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, washing and drying machine exports contracted markedly to $X in 2022. Over the period under review, exports showed a deep reduction. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Yemen (X units) was the main destination for washing and drying machine exports from Oman, with a X% share of total exports. Moreover, washing and drying machine exports to Yemen exceeded the volume sent to the second major destination, Qatar (X units), threefold. Iran (X units) ranked third in terms of total exports with a X% share.

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

In value terms, the largest markets for washing and drying machine exported from Oman were Qatar ($X), Iran ($X) and Yemen ($X), with a combined X% share of total exports.

Qatar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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 washing and drying machine export price amounted to $X per unit, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per unit), while the average price for exports to Yemen ($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 Mauritius (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into Oman

In 2022, the amount of household washing and drying machines imported into Oman contracted to X units, which is down by X% against the previous year's figure. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, washing and drying machine imports reduced to $X in 2022. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main washing and drying machine supplier to Oman, accounting for a X% share of total imports. Moreover, washing and drying machine imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), threefold. Thailand (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 China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Thailand (X% per year).

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

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

Import Prices by Country

The average washing and drying machine import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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