Oman: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Oman

In 2021, the Omani tungsten halogen lamp market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, faced a abrupt descent. Tungsten halogen lamp consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Tungsten Halogen Lamp Exports

Exports from Oman

In 2021, overseas shipments of tungsten halogen lamps increased by 0.4% to X units, rising for the fourth consecutive year after five years of decline. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 946% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, tungsten halogen lamp exports reduced to $X in 2021. In general, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 402% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

The United Arab Emirates (X units) was the main destination for tungsten halogen lamp exports from Oman, accounting for a 6% share of total exports. Moreover, tungsten halogen lamp exports to the United Arab Emirates exceeded the volume sent to the second major destination, Yemen (X units), twofold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+28.6% per year) and Somalia (0.0% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for tungsten halogen lamps exports from Oman, comprising 52% of total exports. The second position in the ranking was held by Yemen ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+57.8% per year) and Somalia (0.0% per year).

Export Prices by Country

In 2021, the average tungsten halogen lamp export price amounted to $X per unit, dropping by -12.7% against the previous year. Overall, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 6.2%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Somalia ($X per unit), while the average price for exports to Yemen ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports into Oman

In 2021, supplies from abroad of tungsten halogen lamps increased by 107% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, faced a deep reduction. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, tungsten halogen lamp imports rose rapidly to $X in 2021. Overall, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 47%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), Germany (X units) and Qatar (X units) were the main suppliers of tungsten halogen lamp imports to Oman, with a combined 43% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Qatar (with a CAGR of +38.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of tungsten halogen lamps to Oman, comprising 58% of total imports. The second position in the ranking was held by Germany ($X), with a 28% share of total imports. It was followed by Qatar, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.7% per year) and Qatar (+65.3% per year).

Import Prices by Country

The average tungsten halogen lamp import price stood at $X per unit in 2021, waning by -48.5% against the previous year. In general, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 125%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then dropped remarkably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+19.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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