Oman: Market for Pen Or Pencil Sets 2023

Exports of Pen Or Pencil Sets

Exports from Oman

In 2022, the amount of pen or pencil sets exported from Oman amounted to X units, approximately equating 2021. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 450%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pen or pencil sets exports reduced sharply to $X in 2022. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 1,002% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Qatar (X units), Austria (X units) and Thailand (X units) were the main destinations of pen or pencil sets exports from Oman. Moreover, pen or pencil sets exports in Qatar exceeded the figures recorded by the second-largest exporter, Austria, twofold.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Qatar ($X) remains the key foreign market for pen or pencil sets exports from Oman, comprising 93% of total exports. The second position in the ranking was taken by Thailand ($X), with a 5.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Qatar stood at +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-1.5% per year) and Austria (0.0% per year).

Export Prices by Country

The average pen or pencil sets export price stood at $X per unit in 2022, dropping by -28.1% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 198% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Austria ($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 (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pen Or Pencil Sets

Imports into Oman

In 2022, supplies from abroad of pen or pencil sets was finally on the rise to reach X units after two years of decline. In general, imports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2017 when imports increased by 408% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pen or pencil sets imports surged to $X in 2022. Overall, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 289%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of pen or pencil sets to Oman, accounting for a 73% share of total imports. Moreover, pen or pencil sets imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), ninefold. The third position in this ranking was held by Slovakia (X units), with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-0.7% per year) and Slovakia (-2.9% per year).

In value terms, Spain ($X), Slovakia ($X) and China ($X) constituted the largest pen or pencil sets suppliers to Oman, with a combined 79% share of total imports. The United Arab Emirates, France, Hong Kong SAR, Germany and India lagged somewhat behind, together comprising a further 6.1%.

In terms of the main suppliers, France, with a CAGR of +18.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pen or pencil sets import price stood at $X per unit in 2022, which is down by -45.3% against the previous year. Over the period under review, the import price saw a pronounced descent. The pace of growth appeared the most rapid in 2014 an increase of 213%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained 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 Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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