Oman: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Oman

The Omani spectacle non-plastic frame market surged to $X in 2023, increasing 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 showed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.

Spectacle Non-Plastic Frame Exports

Exports from Oman

In 2023, shipments abroad of non-plastic frames and mountings for spectacles and goggles was finally on the rise to reach X units for the first time since 2019, thus ending a three-year declining trend. In general, exports showed significant growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame exports skyrocketed to $X in 2023. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X units) was the main destination for spectacle non-plastic frame exports from Oman, with a X% share of total exports. Moreover, spectacle non-plastic frame exports to Qatar exceeded the volume sent to the second major destination, Italy (X units), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and the United Arab Emirates (X% per year).

In value terms, Qatar ($X) remains the key foreign market for non-plastic frames and mountings for spectacles and goggles exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average spectacle non-plastic frame export price stood at $X per unit in 2023, growing by X% against the previous year. In general, export price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, spectacle non-plastic frame export price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2023, the average export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Spectacle Non-Plastic Frame Imports

Imports into Oman

In 2023, purchases abroad of non-plastic frames and mountings for spectacles and goggles was finally on the rise to reach X units after four years of decline. Overall, imports showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, spectacle non-plastic frame imports skyrocketed to $X in 2023. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, the United Arab Emirates (X units) constituted the largest supplier of spectacle non-plastic frame to Oman, with a X% share of total imports. Moreover, spectacle non-plastic frame imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, France (X units), threefold. The third position in this ranking was held by Italy (X units), with an X% share.

From 2012 to 2023, 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: France (X% per year) and Italy (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of non-plastic frames and mountings for spectacles and goggles to Oman, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the average spectacle non-plastic frame import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform