Oman: Lamp Holder Market 2024

Lamp Holder Market Size in Oman

The Omani lamp holder market stood at $X in 2022, approximately equating the previous year. In general, consumption continues to indicate a buoyant expansion. Lamp holder consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Lamp Holder Production in Oman

In value terms, lamp holder production soared to $X in 2022 estimated in export price. Over the period under review, production saw prominent growth. The pace of growth was the most pronounced in 2019 when the production volume increased by 185%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Lamp Holder Exports

Exports from Oman

Lamp holder exports from Oman declined to X tons in 2022, with a decrease of -14.8% compared with 2021 figures. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by 628% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, lamp holder exports shrank markedly to $X in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 303% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped markedly in the following year.

Exports by Country

Qatar (X tons), Yemen (X tons) and the United Arab Emirates (X tons) were the main destinations of lamp holder exports from Oman, together accounting for 2.2% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +83.6%), while the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), the United Arab Emirates ($X) and Yemen ($X) were the largest markets for lamp holder exported from Oman worldwide, together accounting for 97% of total exports.

In terms of the main countries of destination, Qatar, with a CAGR of +78.4%, recorded the highest rates of growth with regard to 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

The average lamp holder export price stood at $X per ton in 2021, increasing by 4.5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 75%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+1.6%), while the prices for the other major destinations experienced a decline.

Lamp Holder Imports

Imports into Oman

After two years of growth, purchases abroad of lamp holders, plugs and sockets decreased by -18.6% to X tons in 2022. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 91% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, lamp holder imports declined to $X in 2022. In general, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.3% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 50% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons) and China (X tons) were the main suppliers of lamp holder imports to Oman.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +19.5%).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of lamp holders, plugs and sockets to Oman, comprising 66% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +17.4%.

Import Prices by Country

In 2021, the average lamp holder import price amounted to $X per ton, declining by -20.6% against the previous year. In general, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2017 when the average import price increased by 121% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.8%).

Source: IndexBox Platform

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