Fishing Rods Price in Oman - 2021

Fishing Rods Price in Oman (CIF) - 2022

The average fishing rods import price stood at $8,924 per ton in 2022, declining by -25.6% against the previous year. In general, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2016 an increase of 43%. The import price peaked at $16,066 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($13,008 per ton), while the price for China ($2,419 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+5.9%), while the prices for the other major suppliers experienced a decline.

Fishing Rods Price in Oman (FOB) - 2022

The average fishing rods export price stood at $42,813 per ton in 2022, jumping by 65% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $45,323 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($43,132 per ton), while the average price for exports to Tanzania ($21,315 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 Tanzania (+10,665.2%), while the prices for the other major destinations experienced mixed trend patterns.

Fishing Rods Imports in Oman

In 2022, approx. 14 tons of fishing rodses were imported into Oman; increasing by 53% on the previous year. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.7% against 2020 indices.

In value terms, fishing rods imports totaled $122K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57%. As a result, imports attained the peak of $137K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Fishing Rods in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	50.0	94.9	72.1	78.0	16.0%
China	12.0	15.6	5.8	14.2	5.8%
South Korea	11.5	5.8	1.1	7.3	-14.1%
Qatar	3.0	3.3	1.6	3.0	0.0%
Thailand	0.7	1.2	1.1	1.1	16.3%
Others	10.0	16.2	25.8	18.6	23.0%
Total	87.2	137	107	122	11.8%

Top Suppliers of Fishing Rods to Oman in 2022:

United Arab Emirates (6.0 tons)
China (5.9 tons)
South Korea (0.7 tons)
Thailand (0.4 tons)
Qatar (0.2 tons)

Fishing Rods Exports in Oman

Fishing rods exports from Oman fell notably to 2 kg in 2022, with a decrease of -33.3% against 2021 figures. Overall, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 50%. As a result, the exports attained the peak of 3 kg, and then dropped rapidly in the following year.

In value terms, fishing rods exports expanded significantly to $86 in 2022. In general, exports recorded a abrupt downturn.