Oman: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Oman

The Omani walking-sticks and whips market surged to $X in 2022, growing 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, however, saw a mild reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Walking-Sticks And Whips Exports

Exports from Oman

In 2022, overseas shipments of walking-sticks, seat-sticks, whips and riding-crops increased by X% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, walking-sticks and whips exports surged to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Somalia (X units) was the main destination for walking-sticks and whips exports from Oman, with a X% share of total exports. Moreover, walking-sticks and whips exports to Somalia exceeded the volume sent to the second major destination, Iran (X units), more than tenfold. Yemen (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Somalia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (X.6% per year) and Yemen (X% per year).

In value terms, Somalia ($X) remains the key foreign market for walking-sticks, seat-sticks, whips and riding-crops exports from Oman, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports. It was followed by Yemen, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Somalia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (X.9% per year) and Yemen (X% per year).

Export Prices by Country

The average walking-sticks and whips export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price showed a perceptible increase. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Iran ($X per unit) and Somalia ($X per unit), while the average price for exports to Yemen ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Oman

In 2022, overseas purchases of walking-sticks, seat-sticks, whips and riding-crops increased by X% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, imports, however, saw a mild downturn. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, walking-sticks and whips imports soared to $X in 2022. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X units), China (X units) and the UK (X units) were the main suppliers of walking-sticks and whips imports to Oman, together comprising X% of total imports. Pakistan, India, Germany and Bahrain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest walking-sticks and whips suppliers to Oman were the United Arab Emirates ($X), China ($X) and the UK ($X), together accounting for X% of total imports. Pakistan, India, Germany and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Bahrain, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average walking-sticks and whips import price amounted to $X per unit, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per unit in 2021, and then reduced sharply in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per unit) and Pakistan ($X per unit), while the price for Bahrain ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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