Market for Bearing Housing Without Ball Bearing in Oman
In value terms, bearing housing without ball bearing production fell to $ in estimated in export price. Over the period under review, production, however, posted a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2018 to , production growth remained at a somewhat lower figure.
The size of the market for bearing housings not incorporating ball or roller bearings, plain shaft bearings in Oman fell to $ in , with a decrease of -% 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, showed a resilient expansion. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a lower figure.