Oman: Women Hosiery Market 2024

Women Hosiery Market Size in Oman

The Omani women hosiery market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption continues to indicate a prominent increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Women Hosiery Production in Oman

In value terms, women hosiery production surged to $X in 2022 estimated in export price. In general, production enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Women Hosiery Exports

Exports from Oman

In 2022, overseas shipments of socks, stockings and other women's hosiery decreased by X% to X pairs, falling for the second consecutive year after five years of growth. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X pairs in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, women hosiery exports declined rapidly to $X in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Somalia (X pairs) was the main destination for women hosiery exports from Oman, accounting for a X% share of total exports. Moreover, women hosiery exports to Somalia exceeded the volume sent to the second major destination, the United Arab Emirates (X pairs), sixfold. Iran (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Somalia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

In value terms, Somalia ($X), the United Arab Emirates ($X) and Qatar ($X) were the largest markets for women hosiery exported from Oman worldwide, with a combined X% share of total exports.

The United Arab Emirates, with a CAGR of X%, saw 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 women hosiery export price amounted to $X per pair, falling by X% against the previous year. Overall, the export price saw a abrupt descent. 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 pair in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per pair), while the average price for exports to Somalia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports

Imports into Oman

In 2022, supplies from abroad of socks, stockings and other women's hosiery decreased by X% to X pairs, falling for the third consecutive year after three years of growth. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, women hosiery imports rose markedly to $X in 2022. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X pairs), China (X pairs) and India (X pairs) were the main suppliers of women hosiery imports to Oman, with a combined X% share of total imports. Turkey and Egypt lagged somewhat behind, together comprising a further X%.

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

In value terms, the United Arab Emirates ($X) constituted the largest supplier of socks, stockings and other women's hosiery to Oman, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2022, 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: China (X% per year) and India (X% per year).

Import Prices by Country

The average women hosiery import price stood at $X per pair in 2022, rising 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 2014 an increase of X% against the previous year. The import price peaked at $X per pair in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per pair), while the price for Egypt ($X per pair) 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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