Oman: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in Oman

In 2022, the Omani marine GPS navigator market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, recorded strong growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Marine Gps Navigator Exports

Exports from Oman

In 2022, the amount of marine or river navigation instruments and appliances exported from Oman reached X units, with an increase of X% compared with the previous year's figure. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, marine GPS navigator exports contracted significantly to $X in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for marine GPS navigator exports from Oman, with a X% share of total exports. Moreover, marine GPS navigator exports to the Netherlands exceeded the volume sent to the second major destination, the United Arab Emirates (X units), sevenfold. The third position in this ranking was taken by India (X units), with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and India (X% per year).

In value terms, the largest markets for marine GPS navigator exported from Oman were the Netherlands ($X), the United Arab Emirates ($X) and India ($X), together accounting for X% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, recorded 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

The average marine GPS navigator export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 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 the United Arab Emirates ($X per unit), while the average price for exports to Iran ($X per unit) was amongst the lowest.

From 2014 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 more modest paces of growth.

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Marine Gps Navigator Imports

Imports into Oman

In 2022, supplies from abroad of marine or river navigation instruments and appliances decreased by X% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, marine GPS navigator imports dropped rapidly to $X in 2022. Overall, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), Bahrain (X units) and Thailand (X units) were the main suppliers of marine GPS navigator imports to Oman, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Bahrain ($X) and the Netherlands ($X) constituted the largest marine GPS navigator suppliers to Oman, with a combined X% share of total imports.

Bahrain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average marine GPS navigator import price amounted to $X per unit, leveling off at the previous year. In general, the import price, however, continues to indicate a mild increase. The growth pace was the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 Singapore ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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