Oman: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Oman

In 2022, the Omani pneumatic linear acting actuator market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw a prominent increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from Oman

In 2022, overseas shipments of pneumatic linear acting actuators decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, exports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports contracted to $X in 2022. Overall, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Yemen (X units) was the main destination for pneumatic linear acting actuator exports from Oman, accounting for a X% share of total exports. Moreover, pneumatic linear acting actuator exports to Yemen exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Yemen 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, Yemen ($X) emerged as the key foreign market for pneumatic linear acting actuators exports from Oman, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Yemen stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average pneumatic linear acting actuator export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price saw a strong expansion. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per unit), while the average price for exports to the United Arab Emirates ($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.

Imports of Pneumatic Linear Acting Actuators

Imports into Oman

In 2022, pneumatic linear acting actuator imports into Oman soared to X units, rising by X% against 2021. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, pneumatic linear acting actuator imports skyrocketed to $X in 2022. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), the UK (X units) and Germany (X units) were the main suppliers of pneumatic linear acting actuator imports to Oman, with a combined X% share of total imports. Qatar, Luxembourg, Italy, the Netherlands, France and Spain 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 Qatar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic linear acting actuator suppliers to Oman were the United Arab Emirates ($X), the UK ($X) and Germany ($X), with a combined X% share of total imports. Luxembourg, Qatar, the Netherlands, Italy, France and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Qatar, with a CAGR of X%, saw the highest rates of growth with regard to 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 pneumatic linear acting actuator import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pneumatic linear acting actuator import price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 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.

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 Luxembourg ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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