Life-Jackets and Life-Belts Price in Oman - 2021

Contents:

  1. Life-Jackets and Life-Belts Price in Oman (CIF) - 2022
  2. Life-Jackets and Life-Belts Price in Oman (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Oman
  4. Life-Jackets and Life-Belts Exports in Oman

Life-Jackets and Life-Belts Price in Oman (CIF) - 2022

In 2022, the average life-jackets and life-belts import price amounted to $11,699 per ton, shrinking by -12.9% against the previous year. Over the period under review, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 177% against the previous year. As a result, import price reached the peak level of $51,425 per ton. From 2015 to 2022, the average 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 Saudi Arabia ($92,375 per ton), while the price for the United Arab Emirates ($6,493 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in Oman (FOB) - 2022

In 2022, the average life-jackets and life-belts export price amounted to $21,803 per ton, picking up by 12% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 151% against the previous year. Over the period under review, the average export prices hit record highs at $50,510 per ton in 2018; however, from 2019 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 the UK ($98,000 per ton), while the average price for exports to the United Arab Emirates ($8,667 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 Qatar (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Life-Jackets and Life-Belts Imports in Oman

In 2022, the amount of life-jackets and life-beltses imported into Oman surged to 61 tons, jumping by 58% on 2021 figures. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 62% against the previous year. As a result, imports attained the peak of 81 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, life-jackets and life-belts imports surged to $708K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 -21.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. As a result, imports reached the peak of $903K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Life-Jackets and Life-Belts in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates23733829933812.6%
China25.621.94.069.239.3%
India36.045.622.846.28.7%
Qatar35.857.03.726.7-9.3%
Others2154401842282.0%
Total5499035147088.8%

Top Suppliers of Life-Jackets and Life-Belts to Oman in 2022:

  1. United Arab Emirates (52.1 tons)
  2. China (4.6 tons)
  3. India (2.1 tons)
  4. Qatar (0.2 tons)

Life-Jackets and Life-Belts Exports in Oman

In 2022, shipments abroad of life-jackets and life-beltses was finally on the rise to reach 76 kg after two years of decline. Over the period under review, exports, however, saw a drastic downturn.

In value terms, life-jackets and life-belts exports skyrocketed to $1.7K in 2022. In general, exports, however, recorded a precipitous descent.

Export of Life-Jackets and Life-Belts in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar6281,2148311,11521.1%
United Kingdom869373146196-39.1%
Egypt1,07276.0131195-43.3%
United Arab Emirates12964.052.01300.3%
China104N/AN/AN/A0%
Djibouti82.028.0N/AN/A-65.9%
Others35528312221.0-61.0%
Total3,2392,0381,2821,657-20.0%

Top Export Markets for Life-Jackets and Life-Belts from Oman in 2022:

  1. Qatar (54.0 kg)
  2. United Arab Emirates (15.0 kg)
  3. United Kingdom (2.0 kg)
  4. Egypt (1.0 kg)

Source: IndexBox Market Intelligence Platform

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