Musical Boxes Price in Oman - 2021

Contents:

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

Musical Boxes Price in Oman (CIF) - 2022

In 2022, the average musical boxes import price amounted to $9 per unit, with an increase of 29% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, musical boxes import price increased by +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 ($28 per unit), while the price for Italy ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+71.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Musical Boxes Price in Oman (FOB) - 2022

In 2022, the average musical boxes export price amounted to $12 per unit, surging by 2.5% against the previous year. Overall, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 50% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($13 per unit), while the average price for exports to the United Arab Emirates stood at $6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+12.6%).

Musical Boxes Imports in Oman

In 2022, overseas purchases of musical boxeses were finally on the rise to reach 344 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp downturn. Imports peaked at 2.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, musical boxes imports skyrocketed to $3.1K in 2022. In general, imports, however, showed a precipitous slump. Over the period under review, imports reached the maximum at $14K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Musical Boxes in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland4.52.80.81.2-35.6%
TurkeyN/AN/AN/A0.50%
United Arab Emirates3.50.50.20.5-47.7%
China3.80.3N/A0.5-49.1%
Italy2.21.20.30.4-43.3%
Others0.1N/AN/AN/A0%
Total14.14.91.33.1-39.6%

Top Suppliers of Musical Boxes to Oman in 2022:

  1. Italy (216.0 units)
  2. Switzerland (50.0 units)
  3. China (39.0 units)
  4. Turkey (21.0 units)
  5. United Arab Emirates (17.0 units)

Musical Boxes Exports in Oman

Musical boxes exports from Oman soared to 190 units in 2022, surging by 21% on the year before. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,005% against the previous year. As a result, the exports attained the peak of 232 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, musical boxes exports soared to $2.4K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,506% against the previous year. As a result, the exports attained the peak of $2.8K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Musical Boxes in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1302,7641,8732,347162.3%
United Arab Emirates46.049.026.026.0-17.3%
OthersN/A14.020.0N/A42.9%
Total1762,8271,9192,373138.0%

Top Export Markets for Musical Boxes from Oman in 2022:

  1. Qatar (186.0 units)
  2. United Arab Emirates (4.0 units)

Source: IndexBox Market Intelligence Platform

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