Oman: Market for Radiators for Central Heating (not Electrically Heated) 2024

Market Size for Radiators for Central Heating (not Electrically Heated) in Oman

The Omani non-electric central heating radiator market totaled $X in 2022, growing by X% against the previous year. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Radiators for Central Heating (not Electrically Heated) in Oman

In value terms, non-electric central heating radiator production expanded significantly to $X in 2022 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Exports of Radiators for Central Heating (not Electrically Heated)

Exports from Oman

In 2022, the amount of radiators for central heating (not electrically heated) exported from Oman skyrocketed to X units, rising by X% against 2021. In general, exports, however, saw a sharp downturn. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electric central heating radiator exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for non-electric central heating radiator exports from Oman, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for radiators for central heating (not electrically heated) exports from Oman.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%.

Export Prices by Country

In 2022, the average non-electric central heating radiator export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Radiators for Central Heating (not Electrically Heated)

Imports into Oman

In 2022, the amount of radiators for central heating (not electrically heated) imported into Oman surged to X units, with an increase of X% against 2021. In general, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, non-electric central heating radiator imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt contraction. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of non-electric central heating radiator to Oman, accounting for a X% share of total imports. Moreover, non-electric central heating radiator imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), eightfold. The third position in this ranking was held by Luxembourg (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Luxembourg (X.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of radiators for central heating (not electrically heated) to Oman, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by Luxembourg, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Luxembourg (X.3% per year).

Import Prices by Country

The average non-electric central heating radiator import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 India ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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