Oman - Base Metal Hinges - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hinge Price in Oman - 2021
Contents:
- Base Metal Hinge Price in Oman (CIF) - 2022
- Base Metal Hinge Price in Oman (FOB) - 2022
- Base Metal Hinge Imports in Oman
- Base Metal Hinge Exports in Oman
Base Metal Hinge Price in Oman (CIF) - 2022
In 2022, the average base metal hinge import price amounted to $2,839 per ton, with a decrease of -9.8% against the previous year. Overall, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure at $4,456 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($3,437 per ton), while the price for China ($967 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.3%), while the prices for the other major suppliers experienced a decline.
Base Metal Hinge Price in Oman (FOB) - 2022
In 2022, the average base metal hinge export price amounted to $3,995 per ton, approximately reflecting the previous year. In general, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 44% against the previous year. The export price peaked at $8,974 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($6,754 per ton), while the average price for exports to Qatar ($2,084 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+0.9%), while the prices for the other major destinations experienced a decline.
Base Metal Hinge Imports in Oman
In 2022, approx. 867 tons of base metal hinges were imported into Oman; surging by 9.9% on 2021. Overall, imports recorded a relatively flat trend pattern.
In value terms, base metal hinge imports contracted to $2.5M in 2022. Over the period under review, imports, however, showed a slight downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1.6% against the previous year.
| Import of Base Metal Hinge in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,350 | 1,374 | 1,044 | 930 | -11.7% |
| Turkey | 127 | 236 | 363 | 579 | 65.8% |
| China | 472 | 503 | 354 | 327 | -11.5% |
| India | 48.3 | 62.0 | 59.8 | 49.8 | 1.0% |
| Others | 583 | 266 | 660 | 574 | -0.5% |
| Total | 2,581 | 2,441 | 2,481 | 2,461 | -1.6% |
Top Suppliers of Base Metal Hinge to Oman in 2022:
- China (338.4 tons)
- United Arab Emirates (274.7 tons)
- Turkey (168.5 tons)
- India (29.7 tons)
Base Metal Hinge Exports in Oman
In 2022, exports of base metal hinges from Oman totaled 48 tons, with an increase of 7% on 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. As a result, the exports reached the peak of 57 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, base metal hinge exports expanded remarkably to $191K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 92% against the previous year. As a result, the exports attained the peak of $201K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Base Metal Hinge in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 17.7 | 78.6 | 120 | 123 | 90.8% |
| Qatar | 55.5 | 48.9 | 17.5 | 47.2 | -5.3% |
| Saudi Arabia | 4.4 | 5.2 | 9.9 | 10.1 | 31.9% |
| Spain | N/A | 47.9 | N/A | N/A | 0% |
| Free Zones | N/A | 8.9 | N/A | N/A | 0% |
| Somalia | 10.8 | N/A | 12.6 | N/A | 8.0% |
| Others | 16.5 | 11.6 | 20.5 | 10.4 | -14.3% |
| Total | 105 | 201 | 181 | 191 | 22.1% |
Top Export Markets for Base Metal Hinge from Oman in 2022:
- United Arab Emirates (23.1 tons)
- Qatar (22.6 tons)
- Saudi Arabia (1.5 tons)
This report provides an in-depth analysis of the base metal hinge 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 25721410 - Base metal hinges
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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