Oman: Parachute Market 2022

Parachute Market Size in Oman

For the third consecutive year, the omani parachute market recorded decline in sales value, which decreased by -X% to $X in 2021.In general, consumption saw a relatively flat trend pattern.Parachute consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Parachute Production in Oman

In value terms, parachute production skyrocketed to $X in 2021 estimated in export price.Over the period under review, production, however, showed a perceptible slump.The growth pace was the most rapid in 2015 with an increase of X% against the previous year.As a result, production attained the peak level of $X. from 2016 to 2021, production growth remained at a lower figure.

Parachute Exports

Exports from Oman

For the fifth year in a row, oman recorded growth in shipments abroad of parachutes and rotochutes, which increased by X% to X kg in 2021.Overall, exports, however, recorded a noticeable slump.The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year.Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, parachute exports fell to $X in 2021.Over the period under review, exports recorded measured growth.The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year.The exports peaked at $X in 2020, and then declined in the following year.

Exports by Country

The uk (X kg) was the main destination for parachute exports from Oman, accounting for a X% share of total exports. Moreover, parachute exports to the UK exceeded the volume sent to the second major destination, South Africa (X kg), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled +X%.

In value terms, the UK ($X) remains the key foreign market for parachute exports from Oman, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +X%.

Export Prices by Country

In 2021, the average parachute export price amounted to $X per ton, reducing by -X% against the previous year. In general, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. from 2015 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to South Africa amounted to $X per ton.

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

Parachute Imports

Imports into Oman

In 2021, supplies from abroad of parachutes and rotochutes decreased by -X% to X kg for the first time since 2018, thus ending a two-year rising trend.Over the period under review, imports, however, saw a temperate increase.The most prominent rate of growth was recorded in 2013 when imports increased by X the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, parachute imports declined rapidly to $X in 2021.Overall, imports, however, enjoyed modest growth.The pace of growth appeared the most rapid in 2013 when imports increased by X the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X kg) constituted the largest supplier of parachute to Oman, accounting for a X% share of total imports. Moreover, parachute imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X kg), sevenfold. The third position in this ranking was held by the UK (X kg), with an X% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the UK (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The average parachute import price stood at $X per ton in 2021, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2016 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, 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 mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :