Oman - Static Converters - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Oman - Static Converters - Market Analysis, Forecast, Size, Trends and Insights

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Static Converter Price in Oman - 2021

Contents:

  1. Static Converter Price in Oman (CIF) - 2022
  2. Static Converter Price in Oman (FOB) - 2022
  3. Static Converter Imports in Oman
  4. Static Converter Exports in Oman

Static Converter Price in Oman (CIF) - 2022

The average static converter import price stood at $47 per unit in 2022, increasing by 2.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 78%. Over the period under review, average import prices hit record highs at $49 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($161 per unit), while the price for China ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Static Converter Price in Oman (FOB) - 2022

The average static converter export price stood at $65 per unit in 2022, leveling off at the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 65%. The export price peaked at $86 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($84 per unit), while the average price for exports to Somalia ($11 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 the United Arab Emirates (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Static Converter Imports in Oman

In 2022, overseas purchases of static converters increased by 12% to 1.5M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep downturn. Over the period under review, imports hit record highs at 2.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, static converter imports amounted to $71M in 2022. Overall, imports, however, showed a abrupt contraction. Over the period under review, imports hit record highs at $91M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Static Converter in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates47.829.525.221.2-23.7%
China5.622.27.315.440.1%
United States8.94.94.64.9-18.0%
Italy3.66.510.04.68.5%
JapanN/A0.21.94.0347.2%
United Kingdom4.91.31.33.2-13.2%
Brazil1.32.02.53.032.1%
Finland3.00.70.22.8-2.3%
India4.02.31.52.2-18.1%
Germany5.12.51.22.1-25.6%
Others6.67.46.07.12.5%
Total90.979.561.770.6-8.1%

Top Suppliers of Static Converter to Oman in 2022:

  1. China (733.2K units)
  2. United Arab Emirates (331.6K units)
  3. Japan (117.9K units)
  4. Italy (56.7K units)
  5. India (53.9K units)
  6. United States (47.3K units)
  7. United Kingdom (38.1K units)
  8. Brazil (33.2K units)
  9. Finland (25.2K units)
  10. Germany (12.9K units)

Static Converter Exports in Oman

After two years of decline, overseas shipments of static converters increased by 61% to 74K units in 2022. Over the period under review, exports, however, showed a deep downturn. The exports peaked at 116K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, static converter exports soared to $4.9M in 2022. In general, exports, however, recorded a abrupt setback. Over the period under review, the exports attained the peak figure at $6.7M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Static Converter in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar3,1174,3151,2262,856-2.9%
Yemen10420558358277.5%
Iran14270059.728826.6%
India10569.017.21142.8%
Finland0.233.562.962.8579.7%
Algeria50.730.53.050.6-0.1%
Somalia22.185.019.440.822.7%
United Arab Emirates40416917219.0-63.9%
United States1,8973721772.9-88.5%
Mozambique0.7N/AN/AN/A0%
Others52375268785117.6%
Total6,3666,7303,0064,868-8.6%

Top Export Markets for Static Converter from Oman in 2022:

  1. United States (undefinedK units)
  2. Qatar (33.8K units)
  3. Iran (8.2K units)
  4. Yemen (6.9K units)
  5. Somalia (3.8K units)
  6. India (3.5K units)
  7. Finland (3.4K units)
  8. Algeria (2.4K units)
  9. United Arab Emirates (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the static converter market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27115023 -
  • Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
  • Prodcom 27115033 - Accumulator chargers
  • Prodcom 27115035 -
  • Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
  • Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
  • Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
  • Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
  • Prodcom 27904130 -
  • Prodcom 27904140 -
  • Prodcom 27904153 -
  • Prodcom 27904155 -
  • Prodcom 27904170 -
  • Prodcom 27904190 -

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Oman
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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