Oman: Winche And Capstan Market 2024

Winche And Capstan Market Size in Oman

The Omani winche and capstan market soared to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw pronounced growth. Winche and capstan consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Winche And Capstan Exports

Exports from Oman

In 2022, winche and capstan exports from Oman contracted notably to X units, shrinking by X% compared with the previous year's figure. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then reduced notably in the following year.

In value terms, winche and capstan exports totaled $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Qatar (X units) was the main destination for winche and capstan exports from Oman, with a X% share of total exports. Moreover, winche and capstan exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. Saudi Arabia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar 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 Saudi Arabia (X% per year).

In value terms, the largest markets for winche and capstan exported from Oman were Saudi Arabia ($X), Qatar ($X) and the United Arab Emirates ($X), with a combined X% share of total exports. China and Yemen lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Yemen, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average winche and capstan export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average 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 China ($X per unit), while the average price for exports to Qatar ($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 Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Winche And Capstan Imports

Imports into Oman

In 2022, approx. X units of winches and capstans were imported into Oman; growing by X% on the previous year. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, winche and capstan imports soared to $X in 2022. Overall, imports enjoyed pronounced growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), the United Arab Emirates (X units) and the United States (X units) were the main suppliers of winche and capstan imports to Oman, together comprising X% of total imports. Bahrain, Italy, the UK, Qatar, South Korea, Singapore, Saudi Arabia and Australia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Qatar ($X) and the United Arab Emirates ($X) appeared to be the largest winche and capstan suppliers to Oman, with a combined X% share of total imports. The UK, China, Italy, South Korea, Bahrain, Saudi Arabia, Singapore and Australia lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to 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 winche and capstan import price amounted to $X per unit, approximately reflecting the previous year. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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