Oman: Microphone Market 2024

Microphone Market Size in Oman

In 2022, the Omani microphone market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed resilient growth. As a result, consumption attained the peak level of $X, and then shrank dramatically in the following year.

Microphone Production in Oman

In value terms, microphone production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Microphone Exports

Exports from Oman

In 2022, overseas shipments of microphones and their stands increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, microphone exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a pronounced contraction. 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 maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for microphone exports from Oman, with a X% share of total exports. Moreover, microphone exports to Canada exceeded the volume sent to the second major destination, Qatar (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to X%.

In value terms, Canada ($X) emerged as the key foreign market for microphones and their stands exports from Oman, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled X%.

Export Prices by Country

The average microphone export price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price showed a precipitous slump. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Qatar amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%).

Microphone Imports

Imports into Oman

In 2022, supplies from abroad of microphones and their stands decreased by X% to X units, falling for the second year in a row after two years of growth. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, microphone imports declined rapidly to $X in 2022. Over the period under review, imports, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of microphone to Oman, accounting for a X% share of total imports. Moreover, microphone imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The UK (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 the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the UK (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of microphones and their stands to Oman, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

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

Import Prices by Country

The average microphone import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average import price decreased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 the United Arab Emirates ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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